A 22-year-old Filipino, Aaron Ramos, has been lucky enough to buy two houses in the Philippines with the money he has generated through play-to-earn blockchain game Axie.
Posting on social media to announce the news, Ramos argued that his success is largely owed to the Smooth Love Potion (SLP), Axie’s proprietary in-game token, which soared by 940% from $0.035 on April 24 to $0.364 on May.
While the SLP has crashed since, Ramos was smart enough to cash out while he still had time. The token is unique to Axie and is generated through player-versus-player battles with the best ones winning more tokens.
Presently, SLP is the 428th largest crypto token out there and is worth $81m in total value at current prices.
Axie’s popularity in the Philippines has been growing exponentially since 2020 and this is likely to stay the case for another few months at the very least as cryptocurrencies are experiencing a bearish rally globally.
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