Remember when Pegaxy horses were commanding around $1K each? I had over 100 in my portfolio—roughly $100k worth of play-to-earn assets managed across my scholar network.

Those 2021 days hit different. Pegaxy and Axie Infinity were both generating serious returns. The whole ecosystem was thriving: scholars were earning consistently, guild operators were scaling their operations successfully. It wasn't just hype—people were actually building sustainable income streams through these gaming economies.

The synergy back then? Unmatched. Every stakeholder in the chain—from individual players to guild founders—was capturing real value. That period shaped how many of us think about tokenomics and community incentives today.