Stay informed about the dynamic world of play-to-earn games, where players can earn rewards, cryptocurrencies, and even non-fungible tokens (NFTs) while enjoying their favorite games. Our team diligently curates the most exciting and up-to-date stories about play-to-earn games, ensuring you never miss out on the latest trends and opportunities. Discover the revolutionary potential of NFTs, digital assets that are revolutionizing ownership and value in the gaming industry. Our news section provides fascinating updates on the latest NFT developments, including game releases, collaborations, marketplace trends, and the intersection of art and gaming. Explore the ever-evolving landscape of cryptocurrencies, which have become an integral part of the gaming ecosystem. Stay updated with our carefully selected news stories that highlight the impact of cryptocurrencies on gaming, from in-game economies to blockchain integration, enabling secure transactions, and fostering decentralized gaming communities. Immerse yourself in the boundless possibilities of the metaverse, a virtual universe where gaming, social interaction, and digital experiences converge. Our news pages cover the latest developments, events, and technological advancements within the metaverse, ensuring you're always at the forefront of this evolving digital frontier. To keep you well-informed about the gaming industry, our dedicated team works tirelessly to deliver daily updates. With our comprehensive news coverage, you can stay ahead of the curve, gain valuable insights, and be part of the ever-evolving gaming landscape. Experience the power of knowledge and be part of the gaming revolution. Join us on our news pages and embark on a journey of discovery, where the latest crypto news, gaming insights, and industry trends await you.","Tag":"Tag"},"common":{"see_all":"See All","Previous":"Previous","prev":"Previous","next":"Next","whatsapp":"WhatsApp","Reddit":"Reddit","Facebook":"Facebook","Twitter":"Twitter","linkedin":"LinkedIn","copy":"Copy","discord":"Discord","ourRating":"Our rating","thums_up":"Thumbs Up","thumbs-down":"Thumbs Down","rating":"Rating","like":"Like","disLike":"Dislike","website":"Website","backToHome":"Back to Home","searchInPage":"Search in this page","p2eGames":"P2E Games","search":"Search","faq":{"faqTitle":"Frequently Asked Questions","faqDescription":"Common questions about Play-to-Earn games. You ask, we answer! P2E games, blockchain games, crypto games. Just ask!"},"readMore":"Read more","selectLanguage":"Select language","copy_to_clipboard":"The link has been copied to the clipboard.","english":"English","german":"German","french":"French","spanish":"Spanish","portuguese":"Portuguese","hindi":"Hindi","dutch":"Dutch","turkish":"Turkish","Languages":"Languages","calender_section":{"heading":"Play To Earn Games: Best Blockchain Game List For NFTs and Crypto","paragraph":"
Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming
Read Daily: The Latest Crypto, NFTs, Web3, Blockchain, and Play-to-Earn News
Stay in the loop with our daily gaming news! Discover the latest in blockchain tech, play-to-earn games, NFTs, Web3, and metaverse gaming, keeping you on top of crypto gaming trends.
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.