A writer’s thoughts on Axie Infinity’s latest breeding event.
Summer Ready Bodies
Axie Infinity, a pet collection and battle PlayAndEarn blockchain game on the Ronin network, is currently in the middle of their summer breeding event, causing Lunacians to put back their breeder hats.
The event launched on July 14 and gave Lunacians the chance to breed Axies with summer-themed cosmetic parts. Though it launched during the bear market, there are some reasons why the event could be a good move.
Since most members of the community came in 2021, this is their first cosmetic breeding event they can participate in. A sort of reward for staying inside the community despite the bear market.
Axie is also currently in a transitional period after closing out Season 21 of their Classic Gameplay. Lunacian Summer keeps the community excited during this uncertain phase leading up to the full launch of Axie Infinity: Origin.
The unexpected growth last year gave players unrealistic expectations of the game, and caused the economy to be unstable despite a high earning potential.
3/5
— Psycheout - Aleksander | Axie Infinity (@Psycheout86) September 12, 2021
In fact, we are just getting started.
Axies will over time be able to earn more tokens when more features are released.
But back to $SLP for a second.
Assuming we reduced $AXS per breed to close to zero the price of $SLP would rise fast.
But would it be sustainable?
We will need a lot of slp to handle the growth spikes of the future.
— The Jiho.eth 🦇🔊 (@Jihoz_Axie) September 12, 2021
We’re not ready to go back to 40% weekly growth at the moment which could happen if we balance SLP.
But always know that we care about you and your families 🤝 https://t.co/q0fXNDizTq
The breeding event simulates a demand growth for Axies that gives the team valuable data on the status of the economy and an understanding if it can withstand shocks that come with sudden demand growth. Though the amount of $SLP being burnt because of the event is not enough to bring its prices back up to what it was a year ago, trainers are now breeding once again and $SLP is being used while keeping the community engaged. It makes a lot of sense for the Axie community.
What is Axie Infinity:
Axie Infinity is a PlayAndEarn blockchain game where players breed, collect, and play with digital pets called Axies and earn from the interactions. It’s built on Ronin, an Ethereum-based side-chain developed by Vietnamese-based gaming studio Sky Mavis. The protocol put eyes on the PlayAndEarn gaming industry back in 2021. In addition, the team is building a digital nation where each community member comes together to play, earn, and live in Lunacia.
Where to find Axie Infinity:
Website | Twitter | Medium | Whitepaper
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This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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