Amid P2E downturn, Sky Mavis turns to user-generated content for Axie Infinity

On Tuesday, Sky Mavis, maker of the popular fantasy monster-battle nonfungible token (NFT) game Axie Infinity, announced that it had accepted the first custom-made projects in its Axie Infinity Builders Program. Of 2,000 applications submitted, only 12 were selected for the Builders Program.

Among the many benefits, select teams will receive a grant of at least $ 10,000 – referred to in the Axie Infinity Board of Directors, Axie Infinity Shards (AXS) – to fund project development. They will also be allowed to monetize their game with the Axie Infinity brand using a revenue sharing model. Notable projects include Across Lunacia, a platform adventure for Axie NFTs, and Mech Infinity, a Battle Royale game involving Axies and their unique capabilities. Philip La, game product lead at Axie Infinity, commented:

“Community co-creation […] will be a fundamental driver of scale generation over time. The Builders Program is the first step in a new world where the community can make direct and meaningful contributions to games and projects they love and is one of many initiatives that allow players to enjoy the Axies more. t they have.

Axie Infinity Builders Program. Source: Sky Mavis

Related: How will GameFi and P2E blockchain gaming evolve in 2022? Report

Axie Infinity is known for its play-to-earn game mechanic, where players can earn digital tokens, such as Smooth Love Potion (SLP), by completing in-game tasks with their Axie NFTs. However, the combination of an inflated token offering, the persistent crypto-bear market and an envious player base has led to SLP falling 96% in value over the past year. As a result, players began to slowly leave the game as their earnings took a shower.

According to ActivePlayer.io, the daily active players of Axie Infinity reached 2.37 million in January before witnessing four consecutive months of waste. The number now stands at 1.86 million.


Notice: ob_end_flush(): failed to send buffer of zlib output compression (0) in /home/rvpgmedi/public_html/wp-includes/functions.php on line 5275