After announcing that the classic mode of the game will no longer allow users the ability to get smooth love potion, (SLP), Axie Infinity said that the new Origin ranked gameplay mode has been added. They also introduced charms and non-fungible token runes (NFT), which can be minted through the Ronin network.

As Play-to-Earn Games Hits $4 Billillion in Sales, Axie Infinity’s classic mode will no longer collect SLP

Axie Infinity is changing the rewards system and removing SLP from the classic gameplay, according to a blog post published on August 11. Axie Infinity, a popular play-to earn (P2E), game that includes NFTs, is a hit. NFTs have been collected in the game for $4. 24 billion in all-time sales, according to all-time statistics collected by dappradar.com.

Cryptoslam.io data also shows that Axie Infinity has over $4 billion in all-time sales, but the metric is a touch less ($4. 08B) compared to dappradar.com’s stats. The $4 billion in sales took place across 17,038,131 transactions to date and there’s 2,291,087 NFT owners.

Axie Infinity is top NFT collection on Cryptoslam.io. Bored Ape Yacht Club, (BAYC), follows Axie Infinity with sales of $2. 36 billion, and Cryptopunks has $2. 35 billion in all-time sales. AxieInfinity has posted a blog entitled “Origin Season 0 Phase 3 Is Here” in which they explain that there will be some changes to the game that will eliminate the classic mode rewards.

The game’s management plans reward Origin’s ranked gaming mode players. The game’s leaderboard rewards have been adjusted to include charms and NFT runes.

” As per Phase 3, we will move SLP from Axie Infinity Classic to Axie Infinity Original (V3). Axie Infinity explained this on Thursday. “This means that SLP emission will be completely turned off from V2 on August 12th at 9: 30 AM GMT +7. The ability to balance the SLP economy is one of the major benefits of moving to Origin from Classic. The design of the SLP reward system with Origin has been tuned to meet that goal .”

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Axie Infinity has two native tokens, smooth love potion (SLP) and axie infinity (AXS), that are integral to the P2E game. AXS, which is used to reward the community, is a governance token. AXS tapped an all-time high (ATH), four days before BTC reached its lifetime price high, when AXS hit $164 per unit on November 6, 2021. AXS is currently down more than 88% from its ATH, and SLP’s fall from its price high is even worse. On July 13, 2021, SLP reached a $0. 399 price high, and today it’s down more than 98% from that point.

What do you think about Axie Infinity changing the SLP rewards structure? Please comment below to let us know your thoughts on this topic.

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