Why did I buy a Forest Land???
After several months in Axieverse, I finally decided to buy my first Land!
I am the owner of a beautiful forest land, just next to the road and next to a big pink node.
WHY DID I BUY IT?
For several months, I always wanted to join the land owner club. Land Game is something pretty touchy in the Axie community, especially for land owners who bought their lands for several years or for owners who bought it last year at a high price. We all want to play the Land game as fast as possible but the team will take several more months to bring an Alpha of the game.
So in this atmopshere, it’s always hard to invest in this asset. But in the last few weeks, we got several news that gave me the motivation to buy it now. First of all, all prices went down. I could never afford to buy a forest in 2021, it was just too expensive for me. But of course, it’s not enough to push the “Buy” button. We also got nice leaks about the gameplay itself. Sky Mavis shared a video of the gameplay we will have inside our own land and some artworks of Land buildings. But those things are not the most important for me.
The most important was the announcement of the Land Staking that should be launched pretty soon. After seeing reactions of the Land community few months ago, Sky Mavis decided it was time to reward Land owners. On May 3rd, we got an article in Axie Substack sharing the AXS rewards allocated.
At the beginning, i was still not interested about it. I was focusing on the “classic” AXS staking. But some members of the community started to share some statistics about Land staking.
The more I was looking this calculator, the more i wanted to buy a Land. My “classic” AXS staking still have a nice APY but we know this number can fluctuate a lot in the next few months. With Land Staking, we already know our daily reward, it’s fixed. With my Forest Land, i will get 0.26 AXS everyday that i will be able to stake in the “classic” AXS staking to increase my APY.
And one last thing really pushed me to buy. More and more players started to buy Lands. Everyday, in official Axie discord, we can follow all lands purchased thanks to Ouchie bot. I could see for several days a real demand for lands. Even casual players that i knew for months started to buy a Land. I know it was time to buy mine before seeing the floor price going up.
I bought my Forest Land for 1.6 ETH, and the floor price is already up to 1.91 ETH (+19.4%!!!!). I am really happy with this land even if my real target was an arctic land, but it was too expensive for me.
I will be more and more excited to see Land news and i hope to see big news during the AxieCon in Barcelona.
I won’t tell you if it’s a good investment and if you should get a land too, that’s your money and your decision. Just take some time to check all datas and if you want some advices, tips, Axie discord is the best place to talk with land owners.
And of course, if the game allow it, you are all invited on my Land to chill or maybe get some ressources.