Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode

Play-to-earn (P2E) blockchain sport Axie Infinity (AXS) has fully eliminated the token rewards from its basic sport mode to draw its customers to a brand new sport mode known as Axie Infinity Origin. 

The Axie Infinity group announced that beginning on Friday, there will likely be no extra Easy Love Potions (SLP) to be minted on its basic mode. In keeping with the group, the SLP rewards will likely be migrated to their new sport mode. Nevertheless, minting will likely be unavailable for 30 days because the group conducts a monitoring part to seek for bugs, abuses and exploits.

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Aside from this, the group highlighted that shifting from basic to the brand new sport mode will assist “stability the SLP economic system.” Along with eradicating basic rewards, the group will even allow utilizing SLP to craft numerous in-game boosts equivalent to runes and charms within the new mode so as to add utility to SLP.

Again in February, the Axie Infinity group already removed the SLP rewards for the journey mini-game and every day quests reward in basic mode in an earlier try to stability the economic system for the SLP token. Regardless of the group’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) sport has popularized the P2E mannequin and accounted for almost two-thirds of all blockchain sport NFT transactions. Throughout the final 12 months, the mission confirmed $3.5 billion price of NFT exchanges, in keeping with the token data web site NonFungible.

Despite the fact that the crypto tokens of the Axie Infinity mission haven’t carried out effectively in the course of the crypto winter, the NFT transaction quantity for the mission surged 205% in July. Its co-founder Jeff Zirlin famous that the mission is “therapeutic,” referring to the optimistic reception of the sport’s NFT land staking function.