Axie Infinity (axieinfinity.com) is the flagship P2E game developed by Sky Mavis, which uses the Ronin sidechain to allow players to collect and breed Axies NFTs, earning through battles with AXS and SLP tokens.
Pioneers of P2E games on the Ronin sidechain
Axie Infinity is developed by the Vietnamese team Sky Mavis, where players collect and breed Axies NFTs through the exclusive Ronin Network sidechain, engaging in battles and trading. This combines the fun of traditional gaming with blockchain ownership, and the peak user numbers in 2021 demonstrated the explosive power of the P2E model, turning global players into economic participants.
Axies NFT and dual-token economic closed loop
The game requires at least 3 Axies to enter, and winning battles or market trades generates SLP reward tokens for breeding new creatures. AXS serves as a governance asset, supporting staking votes to earn dividends. This dual-track design allows players not only to have fun but also to capture real profits through skills and the market, laying the foundation for the GameFi ecosystem.
Market challenges after the 2021 peak
The value of SLP tokens has significantly dropped, and the decline in player activity has put pressure on the ecosystem. The price of AXS is far below its historical highs, shaking market confidence. The economic model needs to continuously optimize token distribution and incentives to avoid inflationary pressures. This stage tests the team’s resilience but also filters out loyal communities, paving the way for long-term revival.
The revival opportunity brought by the new MMO update
The team announces a large-scale MMO project, expanding open-world gameplay to attract returning and new users. Analysts view the current price as a buying zone, with potential upside coming from game upgrades and the expansion of the Ronin ecosystem. New players can start with small Axies to experience the P2E transformation.
The balance of risks and opportunities for beginners.
Before participating, you need to understand the Axies attribute combinations and the SLP cashing mechanism to avoid chasing high points. The opportunity lies in governance participation and future airdrops, but the volatility is high. It is recommended to diversify your allocation and track updates and announcements. This is a practical classroom for GameFi from frenzy to maturity.
Summary
Axie Infinity reshapes the P2E landscape with the Ronin chain, supported by Axies NFT and AXS SLP dual-token to sustain economic vitality. Despite experiencing a low point, the new MMO plan ignites hopes for revival. Newcomers should carefully assess risks and seize early benefits in the GameFi wave.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
