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Axie Infinity Surpasses $4 Billion in All-Time Sales, Team Removes SLP Rewards From Classic Game Mode – Bitcoin News

After Axie Infinity hit an all-time $4 billion gross, the game’s classic mode no longer allowed users to earn Smooth Love Potions (SLPs), and a new Origin Ranked gameplay mode added SLP rewards announced that The team has also introduced Non-Fungible Token (NFT) Runes and Charms that can be crafted on the Ronin network through the Marketplace.

Axie Infinity’s classic mode no longer collects SLP once Play-to-Earn game sales reach $4 billion

Axie Infinity changes the reward system and removes SLP from traditional gameplay. blog post Axie Infinity is one of the most popular P2E games incorporating NFTs. His NFT collection of games so far has grossed him $4.24 billion, according to. All-time statistics Collected by dappradar.com.

Cryptoslam.io data Also, Axie Infinity has over $4 billion in cumulative sales, which is slightly lower than the dappradar.com stats ($4.08 billion). To date he has generated $4 billion in 17,038,131 transactions and has 2,291,087 of his NFT holders.

Axie Infinity surpasses $4 billion in all-time sales, team removes SLP rewards from classic game modes

Axie Infinity is cryptoslam.io’s top NFT collection, with Bored Ape Yacht Club (BAYC) following Axie Infinity with $2.36 billion in sales, and Cryptopunks with all-time $2.35 billion sales . In their latest blog post, “Origin Season 0: Phase 3 Is Here,” Axie Infinity details that some changes to the game will remove classic mode rewards.

The game’s management plans to reward players using Origin’s ranked gameplay modes. NFT Runes and Charms were also introduced, and the team adjusted the game’s leaderboard rewards.

“As planned, we will migrate SLP from Axie Infinity Classic (V2) to Axie Infinity Origin (V3) as part of Phase 3,” Axie Infinity explained Thursday. “This means that on August 12th at 9:30am (GMT +7) SLP emissions will be completely turned off from V2. One of the main advantages of moving from Classic to Origin is The ability to balance the economy has been expanded, so the design of the SLP reward system with Origin is aligned in a way that aligns with that goal.”

Axie Infinity has two native tokens, Smooth Love Potion (SLP) When Axie Infinity (AXS), essential for P2E games. SLP is used for rewards, while AXS is the governance token of the community. AXS he tapped all-time high (ATH) four days ago Bitcoin A lifetime high was reached when AXS reached $164 per unit on November 6, 2021. AXS is currently down over 88% from ATH and the drop from SLP’s highs is even more severe. On July 13, 2021, the SLP hit a high of $0.399 and today he is down over 98% from that point.

Tags for this story

$4 billion, $4 billion in sales, August 11th, Axie, axie infinity, axe, blockchain, classic, classic mode, Cryptocurrency, cipher, game, Leader board, leader, market, nft, NFTs, Non-fungible token, Irreplaceable Token Collectibles, origin season, P2E, play to earn, reward, reward system, sale, SLP, smooth love potion, v2

What do you think about Axie Infinity changing their SLP reward structure? Let us know what you think about this in the comments section below.

Jamie Redman

Jamie Redman is a news lead for Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written over 5,700 articles for Bitcoin.com News about disruptive protocols currently emerging.




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