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Axie Infinity (AXS): The fallen king of play to earn doesn’t admit defeat

June 7, 2022
in Gaming, News
Axie Infinity (AXS): The fallen king of play to earn doesn’t admit defeat

Like the king of cryptocurrencies Bitcoin, altcoins are following the downward trend. Play-to-earn games are not spared from this fall, which for some cryptocurrencies can be likened to a tumble. Axie Infinity, an NFT game on the Ethereum blockchain, has tried to renew itself in the face of these tricky markets. The three main crypto-currencies of the ecosystem (AXS, SLP and RON) having lost a lot of value in recent months. Players were jumping ship, so the play-to-earn giant had to innovate. The Axie Infinity Builders program, a contest to develop new games was then proposed to the community. The results are in and the winners are …

12 new knights for Axie Infinity

Sky Mavis, Axie Infinity’s parent company, opened a contest in January 2022: the Axie Infinity Builders Program. The prize is money that will allow the project to develop in ideal conditions within the Ronin ecosystem, the game’s blockchain.

The benefits for the lucky ones are numerous:

  • Maximum grant of $10,000 (in AXS, the game’s governance token);
  • Permission to monetize the game (although a revenue-sharing model is required);
  • agreements to use the Axie Infinity brand.

A total of 2,000 applications were reviewed by the Sky Mavis team for the competition. Of these 2,000 applications, only 12 were selected.

The next twelve games that will be, perhaps, developed by Axie Infinity will therefore be called:

  • Inter the Dungeon;
  • DOLL;
  • Axie To The Moon;
  • Hungry Axie ;
  • Axieology;
  • Lunacia Cup ;
  • Run Axie Run ;
  • AxiePop ;
  • Axie Infinity War ;
  • Axie Brawl ;
  • Mech Infinity;
  • Across Lunacia.

A community to develop a blockchain

It is then a matter for those in charge of this program to propose a collective project to positively evolve the Axie Infinity game. In doing so, by accumulating qualitative projects, the game has not yet said its last word on the play-to-earn market:

“Every Lunacan must be patient and support our builders who have taken up the challenge and put their blood and sweat into experiences that our community can enjoy. We believe this is just the first step in a new world where the community can directly contribute in meaningful and useful ways to the games and projects they love.”

The Lunacian

On the players’ side, the interest is there too. It is indeed to be able to propose to the holders of NFT Axie Infinity to extend the fields of use of their non-fungible tokens. The games created by the community will be exploited by Axie Infinity. In its announcement, the company also promises future partnerships:

“While we plan to leverage community-created games to strengthen the Axie ecosystem, Sky Mavis will also form partnerships with major game studios to develop experiences for Axie Infinity and Ronin.”

However, the ecosystem’s cryptocurrencies still remain at half-mast and buyers seem skittish. AXS did end last week on a positive note, with a nice result against the dollar. However, the $28 reached (+54%) did not last long under selling pressure. The cryptocurrency has already corrected to around $21. Still weakened by the historic hack it suffered in March, the Ronin ecosystem nevertheless seems to want to continue to impose itself in the long term.

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