- New Token Launch: Axie Infinity is introducing Bonded AXS (bAXS), a 1:1 backed recreation token used for breeding, evolving Axies, and market transactions.
- Airdrop Rewards: 100,000 bAXS will likely be distributed to gamers who held not less than 10 staked AXS throughout a February 5 snapshot.
- Financial Integration: The token is designed to drive the in-game economic system, particularly for upgrades and upcoming titles like Atia’s Legacy and Terrariums.
In style NFT recreation Axie Infinity is creating a brand new recreation token referred to as Bonded AXS, or bAXS, and giving it away to gamers.
The group took a snapshot of the community on February 5 and can airdrop 100,000 bAXS to wallets that had staked not less than 10 AXS at the moment. At right now’s costs, ten AXS is roughly US$16.90 (AU$26).
How a lot every pockets receives will rely on two issues: the participant’s Axie Rating and the way a lot AXS they’ve staked.
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Axie Infinity’s New Sport Token
The game runs on Ronin, an Ethereum sidechain constructed by developer Sky Mavis, which is now attempting to rebuild the franchise with new titles like Atia’s Legacy and the Terrariums land recreation.
bAXS is backed 1:1 by the conventional AXS token and works the identical method inside the sport. Gamers will be capable of use it to evolve and breed Axies and spend it within the Axie market.
The concept is to push extra of the token’s use instantly into the sport economic system, particularly for upgrading Axies. The group expects demand for upgrades to develop as new recreation modes like Atia’s Legacy and Terrariums roll out, which might enhance the necessity to spend bAXS.
Terrariums is a brand new land-based recreation the place Axies dwell on plots, play mini-games, go on expeditions, and be a part of guilds. Gamers will be capable of earn bAXS there as properly, and each AXS and bAXS are anticipated for use for issues like consumable power-ups and different in-game objects. Terrariums is deliberate to launch within the second quarter of the yr, after bAXS and a second, still-undetailed, bAXS airdrop.
The brand new token comes after a unstable stretch for AXS. The token has climbed 57% over the previous 30 days and now trades round US$1.55 (AU$2), however that’s nonetheless down about 35% from a late-January spike to US$2.92 (AU$4).
It additionally stays about 99% beneath its 2021 all-time excessive of US$164.90 (AU$252), when Axie Infinity’s play-to-earn mannequin briefly attracted greater than 1,000,000 every day lively gamers.
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