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By Gerard Manley Hopkins (read by Mary Jo Bang)
Has decentralized gaming just created virtual menial labor?
Join hosts Adam B. Levine, Jonathan Mohan and Andreas M. Antonopoulos as they dive into the world of Axie Infinity and the growing global meta economy. Axie Infinity, a Pokémon-esc play-to-earn game on the Ethereum blockchain, has exploded in popularity around the world. The primary user-base has remained grounded in the Philippines as Filipinos from all walks of life buy, borrow, breed, trade and fight in-game NFT characters called “Axies.”
These fighting cartoon pets have earned players legitimate money – in some cases, enough to sway workers to quit their jobs to pursue Axie full-time. The pandemic and subsequent lockdowns, especially in places like the Philippines, only make Axie that much more enticing. Individuals and groups with more capital have also snapped on the Axie opportunity in the forms of “scholarships” and lending schemes.
Axie Infinity, and in particular, the lending schemes, prompt a larger conversation about the ethical implications of exporting work and the geographic inequality of opportunities. In the best light, lending within play-to-earn can be seen as providing opportunities with profits orders of magnitudes higher than the local economies could provide. Yet, viewing the practice from a different angle, it can be seen as richer countries farming out low-paying work to individuals who have no better options locally.
Is Axie Infinity a solution or scam? Will the platform maintain its relevance or fizzle out?
See also: Some Filipino Merchants Prefer Payment in Axie’s SLP
This episode featured Adam B. Levine, Andreas M. Antonopoulos and Jonathan Mohan. It was edited by Jonas, our theme song comes courtesy of Jared Rubens and today's music during the break was Delta by Gurty Beats. Today's album art features a photo by Karen Fedida/Unsplash, modified by Speaking of Bitcoin.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Melissa, Kate, & Leah get together again to discuss the Supreme Court’s decision in the Texas SB8 case, what is happening now in Texas, and what might happen still with the law.
Get tickets for STRICT SCRUTINY LIVE – The Bad Decisions Tour 2025!
Learn more: http://crooked.com/events
Order your copy of Leah's book, Lawless: How the Supreme Court Runs on Conservative Grievance, Fringe Theories, and Bad Vibes
Is it the insane growth in prices, the wild community world building, or both?
This episode is sponsored by NYDIG.
On this edition of the Weekly Recap, NLW looks at Loot (for Adventurers), the newest NFT sensation. Unlike the “JPEG” or Avatar NFTs, Loot bags are sets of theoretical items for a theoretical game set in a theoretical fantasy world. Created by one of the co-founders of Vine, Loot absolutely took off this past week, racing to be one of the most traded NFTs, and attracting thousands upon thousands of people to start creating the world around those items. NLW explores what it means for the NFT space specifically and for the competition between digital and physical worlds more broadly.
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NYDIG, the institutional-grade platform for Bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.
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“The Breakdown” is written, produced by and features NLW, with editing by Adrian Blust. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: Lorado/E+/Getty Images Plus, modified by CoinDesk.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Have you experienced it yet? Delays, cancellations and rescheduled flights when you’re trying to travel. The airline industry took a hit in the early parts of the COVID-19 pandemic. Now, they’ve struggled at times to handle a travel rebound.
Today, the founder of the famous website, “Scott’s Cheap Flights,” flight expert Scott Keyes, is here to explain what’s going on with air travel now and what to expect in the near future. He's also offering valuable travel advice.
You’ll learn about everything from handling last-minute flight changes to scoring cheap flights in the first place. For today’s episode, Keyes spoke with our guest host Lacey Evans.
This episode is brought to you by Noom.com/newsworthy and BetterHelp.com/newsworthy
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The year is 1396. The Ottoman Turks are threatening to conquer Eastern Europe and take Constantinople from the Byzantines. A new Crusade against them is proclaimed, and a great international army from Hungary and Western Europe is raised to meet them in battle.
Please take a look at my website nickholmesauthor.com where you can download a free copy of The Byzantine World War, my book that describes the origins of the First Crusade.
American President Joe Biden has said the war in Afghanistan cost more than $2 trillion. Todd Harrison, a senior fellow at the Centre for Strategic International Studies helps us unpick what?s included in this figure.
The Memory Palace is a proud member of Radiotopia from PRX. Radiotopia is a collective of independently owned and operated podcasts that’s a part of PRX, a not-for-profit public media company. If you’d like to directly support this show and independent media, you can make a donation at Radiotopia.fm/donate.
A note on notes: We’d much rather you just went into each episode of The Memory Palace cold. And just let the story take you where it well. So, we don’t suggest looking into the show notes first.
Music
Honesty by Thrupence
El Noi de la Mare, Eldegard by Lofoten Cello Duo
2400 by Martyn Hyne
White Light by Chihei Hatekeyama
Valse Efter Valle I Lybe by Lofoten Cello Duo
Notes