Axie Infinity has launched the 19th season of their competitive PVP season with more than $450.000 in rewards. The best players will share a pool of 3000 AXS tokens, which currently has a value of $451.020. The season starts today and will end on December 21st at 4PM UTC+7.
During a competitive season players play against each other, and earn SLP for each victory. As they climb the competitive ladders, players will earn SLP for each victory. At the end of the season the rankings will determine who will win a share of the 3000 AXS reward pool.
Players seasoned in the competitive rankings of Axie Infinity will find it important to note dat the bonus damage for critical strikes and the skill stats effect on combo bonus damage have been adjusted. Now characters with low morale will do less crit damage. Against HP and Speed, the skill trait was quite weak. Sky Mavis now boosted the damage output of skill.
For those who are not in the know, Sky Mavis made some changes to balance the game better. The so-called meta of the game has been adjusted, which will result in players rediscovering the strongest possible team.
It’s safe to say that the past week has been very eventful for everybody involved in the Axie Infinity ecosystem. Sky Mavis launched the decentralized exchange Katana, allowing users to swap AXS, ETH, SLP and USDC. Two days later they also introduced RON rewards for liquidity providers. You can’t claim RON yet, but ultimately the token will become the utility and governance token of the Ronin ecosystem. Yesterday the team launched a mobile wallet.
What is Axie Infinity?
Let’s quickly talk a bit about Axie Infinity. The tactical battle game uses its own, native Ronin sidechain. In the game players need to use 3 Axie NFTs to battle opponents and earn Smooth Love Potions (SLP). Players need to use SLP to breed new Axies. In addition parent Axies can only breed children a limited amount of times. SLP has a demand, while the floor price for an Axie NFT is right now more than $200. In short, you need three $200 Axies to play and earn SLP tokens.
Earning SLP tokens has become a source of income for people in developing countries. Among those countries the Philippines is leading the pack. The organization and economics behind this, is also becoming more professional. Third party organizations like Yield Guild Games are building tools and communities to really turn people into gamers earning income by playing Axie Infinity.
Axie Infinity moved to the Ronin sidechain earlier this year, and launched staking of their AXS governance token earlier this month. The game uses play-to-earn mechanics to reward players with Smooth Love Potions, empowering communities around the world. In their latest update, the team reiterated their focus on three main components: rewarding value creation, co-creation and co-ownership.
The community has grown to over 2.5 million players without ever releasing their game on Google Play or the iOS App Store. With Axie Infinity the developers actively want to redefine what it means to work in a world where digital ownership has actual value.