After months of waiting Axie Infinity has launched its staking mechanism for their AXS governance token on the Ronin sidechain. Users who move their AXS token to Ronin, and then lock away and stake their AXS tokens, will earn an interest paid in AXS. We can’t say that the feature of AXS staking comes as […]
Sky Mavis is again making changes to their economics, as players will need less AXS and more SLP for breeding new Axie Infinity characters. Starting from today players will need 1 AXS token and at least 600 SLP. It’s the second change in a short time, after Sky Mavis already halved the AXS requirements in […]
Sky Mavis banned around 30,000 Axies from Axie Infinity over the accusation of energy abuse. The Vietnamese game studio noted that Axies sold off prior to the ban taking effect, will soon be unbanned. Future bans will happen instantly to avoid cheaters selling off their NFTs. Axie Infinity is one of the leading games in […]
Traders who are active on the Binance crypto exchange can move their AXS and SLP tokens directly to a wallet on the Ronin sidechain starting from September 4th. This means that Axie Infinity players and investors no longer need to use bridge technology or spend money on gas fees. The popular crypto exchange announced the […]
Sky Mavis has made a statement in regards to reports of the government of the Philippines investigating play-to-earn gaming and Axie Infinity in particular. The Vietnamese gaming company asks its players to abide to local laws, while they work with governments to encourage innovation. The company behind Axie Infinity posted the statement on Thursday on […]
Axie Infinity has changed their reward system, providing more SLP rewards for players climbing the leaderboards. On the other hand, the rewards for singleplayer adventure mode and the daily quests have been halved. Sky Mavis wants to reward players who put in effort. The amount of SLP gamers can earn from the Adventure Mode has […]
Sky Mavis is still working on and investigating the opportunity to introduce a crafting system into Axie Infinity. Sky Mavis co-founder Jihoz posted on Twitter that the team ‘knows that it’s important’. Crafting would allow players to combine assets into something new, and often better. The team talked about crafting extensively in a 3-year old […]
The next version of Axie Infinity will give players the ability to improve their powers using card upgrades, as this would improve the Axie effectiveness on the battlefield. In the July development update Sky Mavis made clear that these upgrades will happen through in-game drops. The developers refer to the update as Battles V2, or […]
The creature battle game Axie Infinity is currently the alpha and omega when it comes to play-to-earn gaming and mainstream adoption. In the past week the game generated more revenue that five premier DeFi platforms combined, while top tier NFTs sold for hundreds of thousands of dollars. Sky Mavis growth hacker Jihoz tweeted that Axie […]
Axie Infinity has seen their NFT transaction volumes increase 310% since the Axie migration late April, and now its entire economy exists on the Ronin sidechain. In the past 30 days players have been trading Axies, land parcels and land items with a total value of more than $36 million as reported by DappRadar. At […]
