3 ms·
There's the entry fee and speculators buying the SLP and AXS tokens. > If it's new players or new inflows into crypto then it's basically a convoluted pyramid
by leppr 5y ago
There's the entry fee and speculators buying the SLP and AXS tokens.
> If it's new players or new inflows into crypto then it's basically a convoluted pyramid scheme, and I can't see how value is being created which can be constantly extracted and exchanged for real life goods
99% of DeFi/NFT/"Crypto games" products are indeed convoluted pyramid schemes. It's just the natural result of mixing a financial bubble with new technology very few people understand.