Axie Infinity announces a new controversial update. AXS and SLP decline -7%
Axie Infinity announces a new controversial update. AXS and SLP decline -7%
In a current blog post, the developers of Axie Infinity, the most popular NFT game in the crypto ecosystem, were happy to reveal that the fighting monsters are the most traded NFT collection ever and thanked the players for this performance.
Comparison between Axie Infinity and the rest of the most popular NFT collections. Image: Axie Infinity
Now, just two weeks later this post , the axie infinity-Team The 1.1.0a update announced , with changes to the game dynamics ... and this part was not particularly nice for some.
The controversial 1.1.0a update
The game update consists of three main aspects.
The traditional technological changes come first: In principle, the Axie Infinity team made some changes to the Ronin Block Explorer and some error deposits. It is important to remember that Jeff Zirlin. href = "https://www.theblockcrypto.com/linked/119283/axieinfinity-is-is-is-decentralized-Excchange" Data-Wpel-Link = "External"> unveiled that the team was working on a dex-tol, the exchange of token within the axie infinity-Ökosystems relieved. Secondly, there are changes to the game dynamics: The new update will enable players to invite their friends to fight. And last but not least there were some changes in the game's economy: the developers were quite busy optimizing the tokenomics of the game. Recently, players and dealers were given the opportunity to use AXS, the governance token of the game. Cryptopotato published and
Now this update brings even more changes on the economic side of the game: After the update, the level of the monster is automatically reset to level 1 if someone sells an axie from MMR from receiving rewards for participation in the adventure and arena modes or even completing the daily quest. The decision affects new and low -range players as well as those who have decided to concentrate on the adventure mode and to leave the fights aside. The reactions were mixed, but apparently the public has taken this up. While some claim that these changes are a deep blow to bots and SLP farmers, many users complained that developers injured most of the beginners-something that becomes even clearer when you consider that the main developer of Axie Infinity gave it very difficult to play today. AXS seems to have reacted relatively well overall (although it occurred immediately after the announcement). The governance token has been above the EMA20 since September 28th, which indicates an interest bully dynamic in the markets. The last day candle closed in red with a loss of -7.88%, which almost completely destroyed the profits of October 14th. AXS is currently being traded at $ 127 and the candle in formation shows signs of recovery upwards. SLP is a different story. SLP is the token that players receive as a reward for winning battles or closing daily quests. The price of SLP is in free fall and has been under the EMA20 since July 28th. A recovery on October 4th raised the price over this benchmark, and the token has remained very close to it last week. SLP is currently being traded at $ 0.07, which corresponds to a decline of -7.55% compared to the last daily candlestick.
Although it is still too early to draw conclusions, the decision -makers in the game seem more than the players themselves about this new update. . AXS and SLP react to the news
Price of AX. Image: trading view
Price of SLP. Image: trading view