Why is Axie Infinity up 24% these days?

Why is Axie Infinity up 24% these days? - 6dc6a848b6ceef19510df64a97c7a159Axie Infinity Shards (quotation AXS), the token behind the play-to-earn blockchain game Axie Infinity, has surged more than 24% in the past 24 hours thanks to the announcement of developing and introducing 12 new projects within its ecosystem. The program offers developers benefits in exchange for creating valuable functionality within Axie Infinity. 

Rewards for participating in the program include a minimum grant of $ 10.000 in AXS tokens to fund projects, exclusive access to technology integrations such as Ronin Single-Sign-On and Ronin wallet transactions, and guidance from engineering teams , game design and product by Axie Infinity. Additionally, players will be able to monetize their creations. Builders will be able to keep a significant portion of their earnings, while the rest will be returned directly to the players or to the community treasury.

What is Axie Infinity?

Axie Infinity is a blockchain-based game in which users purchase non-fungible tokens (NFTs) of Pokémon-like monsters and engage in battles. Additionally, by playing the game players can earn a second token, called the Smooth Love Potion (SLP), which they can exchange for money in a purse.

Other game components that will be built through the Builder's Program include Inter the Dungeon, a push dungeon crawl where users can show how to swap resources between matches, Defenders of Lunacian Land (DOLL), a survival action game featuring simple gameplay and challenging roguelike elements, Across Lunacia, a platform adventure for the Axie NFT, and Mech Infinity, a battle royale game involving the Axies and their unique abilities.

The Axie Infinity Builder Program

Axie Infinity developer Sky Mavis said community co-creation is key to its growth strategy and will be a key driver for scaling value generation over time. In addition to supporting the development of program recipients, Axie Infinity goes a step further by allowing community developers not accepted into the official Builders Program to build and monetize Axie Infinity experiences, as long as they adhere to the guidelines outlined.

“The Builders Program is the first step towards a new world where the community can make meaningful and meaningful contributions directly to the games and projects they love, and is one of many initiatives that will allow players to enjoy more of the Axies they own. We can't wait to see these projects come to life and can't wait to see what the community will create, ”said Philip La, Axie Infinity game product lead, in a statement.

Conclusions

Axie Infinity has proven to be successful in building games that users love to play. By investing in the Builder's Program, Sky Mavis shows that it is committed to evolving and enhancing the experience that so many have come to love. If Axie Infinity continues to invest in its fans through initiatives like the Builder's Program, its fanbase is likely to deepen its loyalty and grow in adoption.