Comment by Dowwie
4 years ago
The next wave of exploitation in this web3 space will involve lending practices. Kids will pledge their digital assets as collateral to buy other goods on margin. Their assets will lose value in the market and the kids will receive margin calls to restore balances or forfeit everything in the game, including reputation.
I just looked up a youtube video about Axie and it seems this is already happening lol
https://youtu.be/xKgV4V0aq7M?t=328