Axie Infinity cuts rewards from basic recreation, subtly forcing P2E gamers 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 known as Axie Infinity Origin. 

The Axie Infinity workforce introduced that beginning on Friday, there shall be no extra Clean Love Potions (SLP) to be minted on its basic mode. Based on the workforce, the SLP rewards shall be migrated to their new recreation mode. Nevertheless, minting shall be unavailable for 30 days because the workforce conducts a monitoring part to seek for bugs, abuses and exploits.

Other than this, the workforce highlighted that shifting from basic to the brand new recreation mode will assist “steadiness the SLP economic system.” Along with eradicating basic rewards, the workforce may even allow utilizing SLP to craft varied in-game boosts corresponding to runes and charms within the new mode so as to add utility to SLP.

Again in February, the Axie Infinity workforce already eliminated the SLP rewards for the journey mini-game and each day quests reward in basic mode in an earlier try and steadiness the economic 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) may rebound for 3 key causes

In 2021, the nonfungible token (NFT) recreation has popularized the P2E mannequin and accounted for practically two-thirds of all blockchain recreation NFT transactions. Inside the final 12 months, the venture confirmed $3.5 billion price of NFT exchanges, in keeping with the token data web site NonFungible.

Regardless that the crypto tokens of the Axie Infinity venture haven’t carried out effectively in the course of 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 characteristic.