In the crypto industry, investors believe that play-to-earn gaming will be one of the hottest areas in 2021. The game business may fare well in 2022, based on market reaction to Axie Infinity.
At the time of writing, the price of Axie Infinity was $71.44, up 20%, with a daily trading volume of $2 billion and a market value of $4.3 billion. The entire quantity of AXS coins is 270 million, with 60.9 million coins in circulation.
Axie Infinity, a blockchain-based trade and battle game, is owned and operated by players. The game is similar to Pokémon and Tamagotchi in which players nurture, breed, battle, and trade token-based animals called Axies.
Axie Infinity will continue to lead the way in catching attention and showing the possibilities of P2E in 2022, as the protocol prepares for its next major launch. As a result, a significant development has been undertaken to strengthen AXS’s future prospects: Axie Infinity: Origin, which is set to premiere in a few weeks.
According to a recent Delphi Digital release, the game is a totally reinvented version of the well-known Axie Battles game. A variety of new game elements will be added to Origin to improve the player experience, such as free beginning Axies to encourage new players, a reinvented backstory that adds complexity to the game, and active cards for the head and ears.
Players will also be forced to burn a native SLP token in order to gain new in-game goods, such as runes and charms, which serve as Axie power-ups.