Axie Infinity, a play-to-earn blockchain game, has captured the attention of gamers and crypto enthusiasts alike. Centered around the collection and trading of unique, digital creatures called Axies, this innovative platform offers players the opportunity to earn cryptocurrency through gameplay. As the gaming and blockchain industries continue to intersect and evolve, keeping abreast of the latest developments and news is crucial. Follow Blockworks to stay up-to-date with in-depth coverage, expert analysis and timely news.
Axie Infinity developer, Sky Mavis, also announced an NFT marketplace
From Axie to Wintermute, 2022 was the biggest year yet for crypto hacks
Major stock indices fell Monday, while crypto remained fairly muted, as a relief rally from the Fed’s proposed interest rate hikes in December fizzled
GameFi is the integration of gaming and finance and is often framed as an essential stepping stone to the metaverse. We sat down with Blockworks reporter Ornella Hernandez to ask if current market conditions have changed this thesis.
Alliance DAO’s Will Robinson breaks down what he expects to see next in blockchain gaming and where today’s excitement lies.
The game’s struggles call the sustainability of play-to-earn gaming into question
The Axie Infinity developer had shut down the bridge after North Korea-linked hackers stole $625 million from the network in March
The game’s creator, Sky Mavis, has raised $150 million to reimburse users affected by the theft
Services have been halted on the Ronin Bridge and Katana DEX
The popular play-to-earn game intends to launch its battle experience, Origins, and a land-based gaming experience, Project K, as well as update graphics, animations and gameplay
The total OpenSea Polygon traders have increased from just 15 users in late June 2021, to over 846,433 users as of Jan. 6, according to data by user niftytable on Dune Analytics
Industry experts weigh in on blockchain gaming predictions for 2022 which include a potential market correction, an uncertain regulatory environment and onboarding millions of more users
Bored Ape Yacht Club becomes the most expensive NFT community to join after flipping CryptoPunks in floor price
DeFi Technologies subsidiary Valour becomes latest issuer moving toward the growing crypto segment
BTC retraces after 6.8% year-over-year inflation print, Axie Infinity leaks game developments set to roll out in 2022
One buyer, who purchased a plot of virtual land for $1.5 million, described their investment as “the Hamptons of digital real estate.”
For those wondering how NFTs will actually be used in the real world, the answer may be gaming.
MANA, SAND, and AXS rally on Facebook’s rebranding endorsing the metaverse, the market is torn on how to value the Ethereum network.
Hong Kong-based Animoca Brands, was an early investor in blue chip NFT projects such as Dapper Labs, OpenSea and Axie Infinity developer Sky Mavis.
Bitcoin dominance rises as price surges to $51,500, Gary Gensler echoes Jerome Powell’s comments confirming the US has no plans to ban crypto
The Arca Endeavor Fund is an early-stage, closed-end venture fund focused on investing in innovative companies and people across the digital asset world.
DappRadar’s Modesta Jurgelevičienè: “The play-to-earn movement became a key driver in the space, NFTs turned towards greater utility and secured record volumes.”
Bitcoin is trading near $49,200 despite equities selling off, Layer-1 battles continue to heat up, $AXS and $LUNA both enter price discovery.
Bitcoin is up nearly 12%, $AXS up 54%, Global energy shortages spread to the UK and the White House discusses stablecoin regulation
Axie Infinity’s Andrew Campbell thinks NFT-based games are “the first novel application of what we can do with NFTs.”
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