Jihoz.ron|Oct 23, 2025 14:05
And just on time, we've seen 12 Mystic Axies scooped up, and the floor has moved from 7 k -> 12 K. Not bad for chubby onchain axolotl potatoes.
Gauranteed scarcity enforced by both social contract and smart contract. 4088 Origin Axies.
7 years ago, I received my salary during my first months working on Axie in the form of Origin Axies. I knew the supply was capped at 4088 and was willing to bet my life on that.
In 2024, we changed the Axie smart contract (to allow onchain lending) but it was done via vote via onchain gov.
It's 7 years later. There's still only 4088 Origin Axies possible.
Mystic Axies have gone from ~300 USD (75 USD at the absolute bottom) to 11.5 K USD.
Btw, this isn't perfect, while scarcity is easy to make immutable, some gamers also want immutable utility which is a trickier subject.
For example, in 2021 it was a good idea to swap battle axies for collectible axies. Japanese Axies have held their value while terminators which were dependent on a fleeting meta haven't.
When it comes to store of value, scarcity + collectibility often trumps utility which is dependent on development efforts and implementation.(Jihoz.ron)
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