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

Play-to-earn (P2E) blockchain recreation Axie Infinity (AXS) has utterly eliminated the token rewards from its traditional recreation mode to draw its customers to a brand new recreation mode referred to as Axie Infinity Origin. 

The Axie Infinity staff announced that beginning on Friday, there can be no extra Clean Love Potions (SLP) to be minted on its traditional mode. In accordance with the staff, the SLP rewards can be migrated to their new recreation mode. Nevertheless, minting can be unavailable for 30 days because the staff conducts a monitoring section to seek for bugs, abuses and exploits.

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

Again in February, the Axie Infinity staff already removed the SLP rewards for the journey mini-game and each day quests reward in traditional mode in an earlier try and stability the economic system for the SLP token. Regardless of the staff’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. Throughout the final yr, the undertaking confirmed $3.5 billion price of NFT exchanges, in response to the token data web site NonFungible.

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