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Axie Infinity Declares Its Exclusive Builders Program’s Earliest Winners

Umair Younas by Umair Younas
June 1, 2022 - 11:39 am
in altcoins news, nft news
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Axie Infinity Intends to go to the moon just like the previous year, and its latest Builders Program is persuading the community to get that target. In 2021 – which was known as the year of crypto games and NFTs (non-fungible tokens) – several games obtained a huge acceptance, incorporating numerous million dollars into the market of cryptocurrency. Nonetheless, the respective fame did not remain intact, and the present year has proved to be the worst in the case of many crypto-based games, taking into account Axie Infinity (the largest of all).

On 31st May, the firm at the back of Axie Infinity – Sky Mavis – incorporated twelve projects into the Builders Program thereof, which were focused on developing unique gaming experiences to assist escalate the number of consumers. However, a considerable decline has been witnessed in the program similar to the local tokens of the platform.

According to the press release published by Sky Mavis, the 12 projects were opted by the venture out of up to 2,000 filed applications. Nearly $10,000 worth in the local currency of Axie Infinity, AXS, will be given to the winners to contribute to the development of the projects. Apart from this, they will be permitted to monetize them in terms of shares with the utilization of the branding of the game.

Axie Infinity Pursues Solidification of Its Ecosystem

The Builders Program is classified among several initiatives that are being deployed by Sky Mavis to offer an improved and more attractive consumer experience.  The respective program will enable the group at the back of Axie Infinity to leverage the expertise as well as the knowledge of the venue’s community along with introducing unique game modes to assist in fortifying the Axie ecosystem.

Moreover, Sky Mavis informed that it is collaborating with well-known game studios to offer exclusive experiences to benefit both Ronin (the autonomous blockchain network of the platform) as well as it’s game Axie Infinity. Simultaneously, Axie Infinity’s head of gaming product, Philip La, stated that the co-creation of projects in parallel to the community of Axie Infinity will prove to be a main driving force leading toward generating value at a rapid pace.

A prominent part of Web 3.0 philosophy is concentrated on the advancement of decentralization, and the main objective of Axie Infinity to be a long-standing program in the sector of Blockchain 3.0 is to have a community keenly engaged in an adequate ecosystem establishment. As per Philip, the Builders Program plays the role of the initial move in an exclusive world where some meaningful and considerable participation can be made by the community in terms of games as well as the other projects of their interest.

AXS Still Fighting to Pull through

The position of AXS has been among the tokens that underwent extreme circumstances following 2022’s bear market, plummeting to approximately 85% after touching $160 (it’s all-time high). Nonetheless, at the moment, the token has been successful in maintaining its place above $18. Despite the decline witnessed in the internal economics of Axie Infinity, the community at the back of the game is enormous so much so that it could genuinely assist the game in gaining its place back.

Tags: AxieInfinityAXSCryptoCryptocurrencyEcosystemNFT
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Umair Younas

Umair Younas

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

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