Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

This comprehensive guide delves deep into the heart of Axie Infinity Origins Season 7 and the innovative introduction of AXP in Homeland, crafted with both newcomers and veteran players in mind. We embark on an exciting journey through the competitive climax of Season 7's Final Era, highlighting key strategies, leaderboard rewards, and the thrill of battle that awaits in the world of Lunacia. Alongside the competitive insights, the guide introduces AXP in Homeland, a game-changing feature that opens new avenues for Axie evolution and strategic gameplay. Through personal anecdotes, strategic tips, and a detailed glossary, this article is your all-encompassing companion to navigating the challenges and opportunities of Season 7. Whether you're aiming to climb the leaderboard, maximize your AXP earnings, or simply immerse yourself in the vibrant community of Axie Infinity, this guide is designed to enhance your gaming experience and inspire your journey through Lunacia.

In the realm of digital innovation and blockchain technology, a new horizon has emerged, blending the excitement of gaming with the transformative potential of cryptocurrencies. Enter Axie Infinity, a beacon of innovation in the rapidly evolving landscape of blockchain gaming. This platform isn't just a game; it's a revolution in how we perceive digital ownership, value creation, and community participation. Launched in 2018, Axie Infinity introduced the world to a unique concept: play-to-earn. At its core, Axie Infinity is more than a game; it's a vibrant ecosystem where players can breed, raise, battle, and trade fantasy creatures known as Axies. These digital pets are not mere pixels on a screen but valuable assets in the form of Non-Fungible Tokens (NFTs), each with its unique characteristics and rarity. What sets Axie Infinity apart is its dedication to fostering a community-driven environment. Players are not just participants but integral components of the ecosystem, with the ability to earn cryptocurrency tokens, AXS and SLP, through gameplay. These tokens are not just in-game currencies but assets with real-world value, traded on various cryptocurrency exchanges.

Axie Infinity Deploys Desperate Changes to its Resuscitate its Limping Economy.Axie Infinity, the torchbearer of P2E, decides to implement a few changes to its economic model after plunging stats of its token price, NFT valuation, and trading volume. After its astronomical popularity last year, this is the first time the game suffers a decline in popularity.Axie Infinity changes its economic systemThe Ethereum based game enjoyed massive success last year and racked up almost $4 billion in NFT trading volume.However, things went south lately for Axie Infinity as its token and NFT values took a downfall. The plunging values of the game have put the entire play-to-earn model into question. Assessing the failing economy of the game, the creators of Axie Infinity have decided to introduce changes designed to bring the game economy back to life.The prime change is related to SLPs where the game will reward fewer SLP tokens. Moreover, the game will focus more on online arena battles and their rewards. The changes will go live with the game’s 20th season on both mobile and PC.As of now, Axie Infinity requires a player to buy its NFT assets which are known as Axies. To begin playing the game, a player needs to buy at least three of these NFTs. The player then earns by breeding and battling monsters which yield token rewards.The P2E model of Axie Infinity also resulted in community-based scholarship programs. These scholarship programs worked in third-world countries where NFT asset holders rent Axies to players in return for a cut in token rewards. This scholarship program also played a massive role in Axie Infinity’s success last year.Axie Infinity changes its economic systemHowever, the momentum quickly took a plunge, and the game’s token SLP decreased below $0.10. The falling value of the token put a massive strain on the scholarship guilds.Moreover, AXS also plunged nearly 70% when compared to its peak value. Its NFT trading volume decreased from $754 million in November to $301 million in December.And to top it all off, Sky Mavis’ data shows a drop in concurrent players from a peak of 2.7 million in November to 2.2 million at the end of January.Every day the latest video game news about the gaming industry. Video games news on NFTs (non-fungible tokens, NFT, NFT’s) , Play to Earn (P2E/Play-to-Earn), crypto games and crypto currencies, gaming guilds, Metaverse, VR, AR, AI, Virtual Worlds, Avatars, Digital Assets, In-game digital currencies, Web3 development, Blockchain based video games and its transactions and payments in the games.Entertainment and all the big tech companies and technology behind it. Hyper Casual Games and the game studio’s that lead the way. Mobile games, PC games and Console Games and their vision on cloud gaming, streaming, esports and gamer communities. Online digital entertainment like movies, music, concerts, art and top brands such as fashion and much more that connect with video games in the metaverse.If you want to stay up-to-date of my daily game news, then follow me on Google News.