Axie Infinity announces the first 12 “franchise” game projects

Out of 2,000 applications to the Axie Infinity Builders Program, only 12 projects were selected.

The first series of indie game projects using the image of Axie Infinity has been announced.

Amid the P2E downturn, Sky Mavis turns to user-generated content for Axie Infinity. Out of 2,000 applications to the Axie Infinity Builders Program, only 12 projects were selected.

Launched in January 2022, the Builders Program is a program that invites indie game makers and the Axie Infinity community to participate in expanding the game’s ecosystem by building new games using images/brands Axie’s/NFT.

Selected projects will be funded by Axie Infinity at least 10,000 USD in the form of AXS tokens to develop ideas in exchange for building a revenue-sharing model with Axie after the game goes live.

In essence, it can be understood that Axie Infinity will accept their game franchise for players and developers to unleash their creativity.

This model is not new. Instead, it has been widely used in the traditional gaming industry and has become known as modification, typically including mods of Half-Life games. Or World of Warcraft has reached great success and become indie games that dominate its niches like Counter-Strike, DotA, and Dota Auto Chess.

Most of the above projects have only reached the level of finalizing the initial concept, sketching the gameplay, and providing the first images, so we are calling interested people to join them to help them perfect the product mine.

The AXS token price in the past 24 hours has recorded growth from 20 USD to 28 USD, thanks to the recovery of the market and the positive news of the first series of projects of the Builders Program. Even so, the AXS price quickly corrected back to $23.

The project implementation of a new project has not stopped the downward momentum of AXS because the game is incomplete and has not been put into ranked mode. The removal of the SLP bonus in February also caused Axie to lose many players.

The combination of a high token supply, an ongoing crypto bear market, and a crowded player base has caused SLP to drop 96% in value over the past year. As a result, players began to leave the game as their earnings plummeted slowly.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Foxy

Coincu News

Victor

Recent Posts

Inflation Warning By Vanguard Amid Tariffs And Labor Issues

Inflation Warning by Vanguard highlights risks during Trump’s term, citing tariffs and tighter labor markets…

8 minutes ago

Clanker Token Trading Volume Hits $59.8 Million High

Clanker token trading volume hit $59.8M on Nov 21, accounting for 14.75% of PumpFun. Fee…

36 minutes ago

Bitcoin Spot ETF Inflows Hit $1 Billion Led By BlackRock

Bitcoin Spot ETF inflows hit $1.005B on Nov 21, led by BlackRock’s $608M and Fidelity’s…

59 minutes ago

New York Techie Bagged $72M from $15K Investment in Ethereum — Here’s How BlockDAG Can Offer Similar Jackpot

Discover the success story of a New York tech entrepreneur who made $72M from a…

1 hour ago

Best Altcoins to Buy Today: Qubetics Rides 1000x Potential to Hit $2.6M, Ethereum Stays Rangebound, Tron USDT Transactions Hit $52B

Discover the best cryptos to buy and hold today: Qubetics leads with 1000x potential, Ethereum…

3 hours ago

Trump Media Company Is Pushing New Venture For Crypto Service

With the platform facing a cracked whip, Trump Media company is expanding into new business…

4 hours ago

This website uses cookies.