Dapps: Axie Infinity News

Onetime Darling of 2021 GameFi Market Returns with Overworld in Beta for 30,000 Gamers

SLP Has Lost 98% of its Value as Axie Races to Overhaul Gameplay

Axie Players and Guilds Hope Origin Upgrade Will Revive Beloved Game

The Ronin Bridge that connects Axie Infinity’s Ronin sidechain to Ethereum has been drained of 173,600 ETH ($590M) and 25.5M USDC in what may be DeFi’s biggest exploit yet.

Axie Infinity is raising fees to share the revenue with game players.

The gaming guild YGG is weathering the bear market in GameFi with some novel moves.

This handy primer explores the Axie Infinity game, from its driving concepts to its tokenomics and use of NFTs.

Smooth Love Potion, the token attached to Axie Infinity, is soaring after a major update.

Sky Mavis, the creator of the Axie Infinity blockchain game, released a new token for its sidechain called RON.

Axie Infinity is expanding its gaming modes to add new contests for players.

The rise of play-to-earn gaming was one of the biggest stories of 2021.

DeFi was a steady story in a mad year in the crypto markets.

DeFi Kingdoms NFTs are making a splash in GameFi.

P2E is a new business model that provides financial benefits to all players who add value by contributing to the game world. It’s the latest development in the games industry and brings new game concepts and retention models not yet seen in modern gaming.

Katana is an automated market maker (AMM) decentralized exchange (DEX) built on top of Ronin. Axie Infinity is a digital pet universe where players battle, raise, and trade fantasy creatures called Axies.

Axie Infinity’s new AMM for Ronin exceeded $1B in TVL.

Axie Infinity has launched an automated market maker called Katana for its sidechain Ronin, and it had 25,000 people interact with it less than 10 hours into its existence, according to Jiho Zirlin, co-founder of the team that built the game.

The play-to-earn model isn’t just driving the explosive growth of blockchain games like Axie Infinity: it’s also changing socieconomics.

The lines are getting blurred between NFTs and DeFi. Bored Ape Yacht Club (BAYC), the Ethereum-based NFT collection that exploded over the summer, has announced that it will issue a “legally compliant” token in the first quarter of 2022. The move is intended to “thoughtfully craft dope utility and governance, benefit our club members, and […]

On-Chain Markets Update by Juan Pellicer, IntoTheBlock Since our last in-depth analysis of Axie Infinity almost two months ago the price of their AXS token has increased over 100% within a few weeks. The rally has multiplied the value of AXS by 223 times since January. The catalyst behind this latest bull-run may have been the Series […]

Axie Infinity is a blockchain-based game that’s become a smash hit with crypto users. It allows players to earn real money, and lots of it, surpassing the monthly salary for many in the world’s poorest countries.  It’s a massive game, sporting 1.5M daily users, according to its most recent development update. That’s more than Bitcoin’s […]

Axie Infinity, the gigantically popular play-to-earn game in the style of Pokemon, is helping gamers supplement their incomes and even make a living. Now the maker of the game and regulators are reminding users internet money will not free them from the tax man.   That seems to be the message behind a tweet from Sky […]

On-Chain Markets Update by Juan Pellicer, IntoTheBlock Axie Infinity has recorded unprecedented growth in the crypto space. This week the data confirmed that it surpassed more than $1 billion in sales and the equally spectacular achievement of one million daily users. Where is the limit for Axie Infinity? Will play-to-earn help to expand crypto adoption […]

Facebook may be grabbing headlines with its talk about the metaverse as the basis for the company’s future, but blockchain game Axie Infinity already has a metaverse up and running and it’s grabbing something longer-lasting: revenue. Protocol revenue on Axie Infinity yielded $305 million over the last 30 days, compared with $91.4 million for Ethereum, […]

Yield Guild Games, an investment DAO focused on the use of NFTs in virtual worlds and blockchain games, raised $12.5M in 31 seconds on July 27.  The launch, which happened on Sushiswap’s Miso token launch platform, caused a frenzy as only 32 wallet addresses bought up 25M of the DAO’s YGG tokens in the span […]