Reading Time: 4minutes Play to earn games are driving the NFT and crypto movement, offering increased utility for tokens and NFTs. In a world where decentralized finance ‘DeFi’ are gaming, there is a next generation of innovation springing up from the gaming communities around the world. Now, as a gamer you are rewarded […]
Axie Infinity, the Ethereum-based video game, continues to amaze its fandom over the last year. Despite some hiccups, the play-to-earn game is relentless. In fact, it just made quite a bit of a noise this week after the Sky Mavis project snagged nearly $4 billion in all-time NFT revenues. The in-game currency of the P2E…
Developers behind the wildly popular blockchain-based Axie Infinity game tweaked the tokenomics of their play-to-earn (P2E) ecosystem, sending related tokens on wild rallies. Smooth Love Potion (SLP), one of Axie Infinity’s in-game tokens, was down almost 94% from its all-time high in the summer as it continued to suffer from out of control inflation. SLP […]