Axie Infinity is a battle game made by Sky Mavis. Players need to own at least three little creatures, called Axies, to be able to battle in the game. This strategy game has a strong tactical layer, because each Axie has its own unique powers. By combining the strengths of their Axies, players can develop a tactic which they can use to outsmart their opponents.
Players store each Axie creature in their own wallet as a non-fungible token (NFT). Sky Mavis has created their own sidechain for the Ethereum network, allowing players to exchange NFTs without having to worry about gas fees.
Axie Infinity doesn’t only offer battle gameplay. Players also own land parcels in the world of Lunacia. Land gameplay will allow players to explore the world and battle chimaera. Ultimately the community will govern the world of Lunacia through a decentralized autonomous organization (DAO).
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 […]
The government of the Philippines is looking at play-to-earn games and Axie Infinity in particular, because they feel that both Sky Mavis and players should pay taxes over their earnings. In a local report covered by Coindesk Undersecretary of Finance, Antonette C. Tionko said that they will investigate whether Axie tokens are assets or securities. […]
Within a couple of days we will learn whether the Axie named Almace will have a $1,9 million valuation. Yield Guild Games chief Gabby Dizon and NFT legend slash game producer Sillytuna have teamed up in an effort to reacquire Almace, a so-called Agamogenesis Axie of which there are only three on the market. Dizon […]
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 […]
Axie Infinity has partnered with fiat-to-crypto conversion company Ramp Network to allow players to buy Ether (ETH) using a credit card, which will then directly be moved to the Ronin sidechain as Wrapped ETH or WETH. Users can acquire ETH using Visa, Mastercard, Apple Pay and bank transfers. According to Sky Mavis this is just […]