Axie Infinity’s latest roadmap mentions that the beginning of Origin Season 0 indicates its move into the 3rd phase. The platform has felt the recently prevailed negative environment of the market. Following the issuance of the exclusive news, the protocol – which is centered on the GameFi sector – has instead been vigorously focused on the Twitter conversations. Axie Infinity – a play-to-earn (P2E) game – was manufactured by Sky Mavis.
Recently, they disclosed Season 0, the period of which will nearly be a complete month. With the respective launch, an enhanced experience of the gaming world will be provided in Axie Infinity’s environment. The latest upgrades regarding Axie’s refurbished gaming will be accepted with the launch. The latest launch grasped the attention of several new traders on 24th August as AXS Progressed on the regular chart.
Axie Infinity Releases Origin Season 0
As a consequence, the native token of the Ecosystem of Axie – AXS – witnessed an upsurge on 24th August, denoting that considerable traction has been gained by it among the traders. Notwithstanding AXS’ positive activity, apprehensions related to the gaming world under the DeFi umbrella have been persistent. Following touching the highest point in the mid of the previous year, the sector of GameFi has witnessed a disturbance due to the beginning of the bear market in the crypto industry.
Apart from that, the user statistics that Axie gathered in this respect additionally mirror this. Recent weeks have revealed that the number of regular accounts has declined to less than just 100. The respective situation is considerably far away from the height gained by it in July as well as August of the previous year. As per CoinMarketCap, the price of AXS plummeted by approximately 9.41% reaching at $13.39.
The price of the token advantaged from the release of the new Origin Season 0 and moved upward however that price rally was short-lived. Although a bull run occurred in the ecosystem of Axie Infinity, even now some skepticism has prevailed around the gaming industry of the DeFi sector. Following gaining some popularity during 2021’s mid, extreme losses were gone through by the GameFi since the beginning of the crypto winter.
Axie Infinity’s Skyrockets with New Release
Subsequently, the growth of the user base of Axie Infinity was also hindered to a great extent. Nonetheless, with the release of Season 0, the whole ecosystem is operating with a new zeal to get back to its previous glory. Smooth Love Potion (SLP) rewards were shifted to the exclusive Origin playtime. The SLP tokens’ consumers can additionally create NFT Runes, Charms, and Moon Shards.
Despite the fact that Axie Infinity has not been successful in luring new players, the system is still supported by players who are committed to it. The consumer base of the protocol saw a significant increase, reaching 79.5K participants, immediately following the launch of Season 0 on August 12th, when it was made available to users. In the midst of the current mayhem, the cryptocurrency market is currently working to achieve some level of stability.
