In a recent blog post, the developers of Axie Infinity, the most popular NFT game in the crypto ecosystem, were pleased to reveal that Battle Monsters are the most traded NFT collection of all time and have thanked the players for this achievement.
Now, just two weeks after this post, the Axie Infinity team announced update 1.1.0a, with changes in the dynamics of the game… and this part was not too pretty for some.
The controversial update 1.1.0a
There are three main aspects to the game update.
First on the list are traditional tech changes: Basically the Axie Infinity team made a few changes to the Ronin Block Explorer as well as a few bug fixes. It’s important to remember that recently Axie Infinity Chief Growth Officer Jeff Zirlin revealed that the team is working on a DEX to facilitate token trading within the Axie Infinity ecosystem.
Second, the changes to the dynamics of the game: the new update will allow players to invite their friends to fight.
And finally, there have been some changes in the economics of the game: the developers have been very busy trying to fine-tune the tokenomics of the game. Recently, players and traders got the option to bet on AXS, the token of game governance. Cryptopotato has published a detailed guide on how to stake AXS.
Now this update brings even more changes to the economics side of the game: after the update, when someone sells an Axie, the monster’s level will automatically reset to level 1. The developers also announced the decision to ” Prohibit players with less than 800 MMR from receiving rewards for participating in adventure and arena modes or even completing daily quests.
The decision affects new and lower ranked players, as well as those who have decided to focus on the adventure mode, leaving battles aside.
The reactions were mixed, but apparently the public took it with annoyance. While some claim these changes are a blow to SLP bots and farmers, a considerable number of users have complained that the developers are harming the most novice players – something which becomes even more evident given that the developer Axie Infinity principal admitted that today it is very difficult to start playing the game.
AXS and SLP react to the news
AXS seems to have reacted relatively well overall (although there was a price drop right after the announcement). The governance token has remained above the EMA20 since September 28, indicating bullish momentum among the markets.
The last daily candle closed in red with a loss of -7.88% almost completely offsetting the October 14 gains. AXS is currently trading at $ 127 and the forming candle is showing signs of an upward recovery.
SLP, however, is another story. SLP is the token that players receive as a reward for winning battles or completing daily quests.
The price of SLP is in free fall, remaining below the EMA20 since July 28. A rally on October 4 pushed the price above that benchmark, and the token has stayed very close to it over the past week.
SLP is currently trading at $ 0.07, down -7.55% from the last daily candlestick.
While it’s too early to draw any conclusions, it looks like the game’s makers are more excited than the gamers themselves about this new update.
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