March Axie Infinity Ecosystem Update
GamerSpeak’s Monthly Newsletter Covering Key Details and Observations about the Axie Infinity Economy and Community
This newsletter will be a form for our team to talk to our community while sharing key details in the Axie ecosystem that are important for our future as a guild. This is our way of giving back and helping everyone in our ecosystem stay up to date.
Axie Infinity: Origin Is Live In Early Access!
Origin Launches!
The long-awaited Axie Infinity Origin game has finally launched. Players from all over the world can now play the new version of the game on their Desktops.
New features introduced in this Early Access include free starter Axies, upgraded Axies, sequential turns, energy/cards reset, card changes, Eye & Ear cards, Runes/Charms, and Critical Hits being replaced by a Rage mechanic.
The game will launch in Season 0 and will be played for 59 days before launching the game on IOS and Android, as well as introducing rewards into the gameplay.
Axie Infinity Origin: Unveiling All In-game Cards
Axie Infinity has officially launched all Axie cards for 6 body parts. These body parts include the eyes, back, horns, tails, mouth, and ears. Eye and ear parts are new body parts we have not seen before.
Axie Infinity states, “Please note that cards are dynamic and will change over time based on feedback from the community and data we collect around relative power. Do not make market decisions based on these teasers, they are meant to serve as a taste of what’s to come in Origin and allow you all to start theory-crafting.”
The Axie Infinity marketplace has officially added Origin cards and skill points to the underlying UI/UX of the Marketplace. This sets the release of Origin closer in motion as all the cards have been released.
The Axie Community Treasury & Decentralization
Crawling Before Walking, Building Community-Owned Axie Infinity
Axie Infinity set out to build a new type of game — a game dedicated to the idea that players deserve ownership of their in-game assets as well as the universes they spend their precious time in. This idea was supported through their creation of $AXS.
Holders of $AXS own the Axie Community Treasury. This is a pool of assets that has grown considerably to over 1.5B USD in value. The Axie Infinity team is currently figuring out how to properly hand the $AXS owners the rights to this treasure that they were promised.
Activities that will be funded through this treasury include: supplementing token staking rewards, reducing the total long-term supply of AXS (ie, burning AXS), replenishing resources for current initiatives, such as gaming issuance or the ecosystem fund once they are depleted, investing in new activities/initiatives that improve the overall community experience, and resource councils or working groups to carry out strategically important projects.
The team puts forth some potential ideas to create a fair and inclusive system where all $AXS owners can make a powerful impact on the ecosystem. These include implementing an “Axie Score” as a modifier to weight voting, the creation of player-driven councils, and quadratic voting.
Finally, the team puts together a governance timeline and phase descriptions that showcase their path from crawling to walking. They make it clear that Axie Infinity must reach product-market fit before any decision to pass on governance to the community can be made. These benchmarks and goals will be used to create the timeline of governance for the future.
Sky Mavis Raises $150M Led By Binance, Funds to be Restored on the Ronin Bridge
Sky Mavis Raise Money To Fund Reimbursement from Hack
Last week, the Axie Infinity bridge was compromised. Consequently, $600 million was stolen from the Ronin Bridge. You can learn more about it here.
Sky Mavis has announced a $150 million funding round led by Binance with participation from Animoca Brands, a16z, Dialectic, and Paradigm. This raise will be combined with funds from the Sky Mavis balance sheet to ensure that all users affected will be reimbursed. The Ronin Network bridge will open once it has undergone a security upgrade and several audits, which can take several weeks.
Additionally, Sky Mavis is in the process of implementing rigorous internal security measures to prevent future attacks. These measures include adding and diversifying their validator nodes outside of their group to a selected group of investors.
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About GamerSpeak
GamerSpeak empowers people from developing countries to join a new metaverse economy and earn an income, all while learning new skills and interacting with the global blockchain gaming community. With over seven years of consulting with video game publishers, building player-focused communities, and publishing user-generated content, we seek to bring our strengths to the world of Crypto-gaming and the Metaverse.
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