Nftnews Today Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode
Play-to-earn (P2E) blockchain recreation Axie Infinity (AXS) has utterly eliminated the token rewards from its basic recreation mode to draw its customers to a brand new recreation mode referred to as Axie Infinity Origin.
The Axie Infinity workforce announced that beginning on Friday, there can be no extra Easy Love Potions (SLP) to be minted on its basic mode. In response to the workforce, the SLP rewards can be migrated to their new recreation mode. Nonetheless, minting can be unavailable for 30 days because the workforce conducts a monitoring part to seek for bugs, abuses and exploits.
Aside from this, the workforce highlighted that shifting from basic to the brand new recreation mode will assist “stability the SLP financial system.” Along with eradicating basic rewards, the workforce may also allow utilizing SLP to craft varied in-game boosts reminiscent of runes and charms within the new mode so as to add utility to SLP.
Again in February, the Axie Infinity workforce already removed the SLP rewards for the journey mini-game and each day quests reward in basic mode in an earlier try and stability the financial system for the SLP token. Regardless of the workforce’s efforts to make financial changes, the token remains to be down 98.7% from its all-time excessive of $0.39 in July 2021.
Associated: P2E gaming is in a rut, however Axie Infinity (AXS) might rebound for 3 key causes
In 2021, the nonfungible token (NFT) recreation has popularized the P2E mannequin and accounted for almost two-thirds of all blockchain recreation NFT transactions. Inside the final yr, the venture confirmed $3.5 billion value of NFT exchanges, in accordance with the token info web site NonFungible.
Regardless that the crypto tokens of the Axie Infinity venture haven’t carried out effectively throughout the crypto winter, the NFT transaction quantity for the venture surged 205% in July. Its co-founder Jeff Zirlin famous that the venture is “therapeutic,” referring to the optimistic reception of the sport’s NFT land staking function.
