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Examine mechanisms to share primary sales/fees with their community to make playing our game more rewarding and speed up growth of their network.These rewards will come from sponsors, injecting fresh capital into their ecosystem that’s not reliant on fresh users buying assets. Hosting competitive tournaments with token rewards for skilled gameplay.This year they want to take things a step further by:
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The SLP experiment has been a fun, early experiment in play to earn mechanics. As capital accumulates in the Defi space, these applications will increasingly turn towards fun, practical applications such as game as distribution channels.Īxie Infinity – The Future of “Play to Earn” I predict that games and user-facing applications will increasingly become an on-boarding mechanism for Defi.If games can be hooked up into “money legos” like Uniswap, there are a plethora of functionalities that are created that traditional games simply cannot replicate. They are starting to gain more compelling answers around the benefits/rationale for building a decentralized game.Peer to contract systems such as Uniswap, Compound, and MakerDAO have been behind the massive growth of Defi and the benefits of this growth can now have a tangible impact on user-facing Dapps. By giving NFT gamers instant liquidity for tokens earned from their time and effort, the benefits of “peer to contract” liquidity can now be captured by NFT owners.While still early, this development has some important implications for Axie Infinity, NFT games, and Defi. This means that for small amounts of SLP, farmers can instantly swap their SLP for ETH, giving them a stream of income simply from interacting with our game! Their community set up a Uniswap pool for SLP.Players began introducing their real-world friends and family to Axie to help them accumulate love potions.They immediately began to see interesting behaviors develop. There was no pre-mine so the players are fully in control of the SLP economy. The ability to earn Love Potions by simply playing the game.The introduction of Love Potions as a requirement to breed Axies (thereby increasing breeding difficulty - their version of “mining difficulty”).The Axie Community Alpha introduced their next “play to earn” mechanic through two simultaneous changes. Having the Axie floor > breeding fee was an early iteration of play to earn but we wanted something more compelling. They did this by adding additional requirements to breed so that players couldn’t simply spam breed Axies (they saw the negative effects of this as early members of the CryptoKitty community). The Axie ecosystem was able to maintain a price floor for Axies that was always above the cost of breeding. This was already an improvement on traditional gaming ecosystems but still not a clear case of play to earn. This is more of a “buy and wait” model rather than “play to earn.” Players have had some ability to influence the direction of their investments by evangelizing, creating content, and creating positive environments in the community.
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However, until recently, earning mechanisms in Blockchain games have relied too much on collectible models where scarce, limited assets increase in value as a community grows and demand increases. With the evolution and maturation of blockchain games, there’s been a lot of interest around the idea of “play to earn”. Axie Infinity uses cutting-edge technology called Blockchain to reward players for their engagement. Built up a collection and use them across an ever-expanding universe of games. They earn AXS Tokens by playing and use them to decide the future of the game.Īxies are fierce creatures that love battles, build, and hunt for treasure. Axie Infinity is a new type of game, partially owned and operated by its players.