December 12th, 2022: Market Updates
This week, we look into Axie Infinity’s new Core update, Animoca Brands’ acquisition of Pixelynx, and round up all the key market updates from last week.
This week, we look into Axie Infinity’s new Core update, Animoca Brands’ acquisition of Pixelynx, and round up all the key market updates from last week.
In this week’s edition, we revisit our previous game deconstruction on Axie Infinity and some of our previous assumptions. What came true and what didn’t? And given the recent criticisms, game development updates, and conversations around sustainable economies, we explore what play-to-earn means in context of Sky Mavis’ plans.
Introduction Axie Infinity, the former poster child of blockchain gaming and the game that coined the term “Play to Earn,” has fallen on hard times as this “digital nation” reels from a recession prompted by declining player growth and plummeting token values. After the initial troubles began, North Korean hackers stole over half a billion…
In this week’s Crypto Corner episode, Philip La, Game Product Lead at Sky Mavis, the makers of Axie Infinity joins your host Nico Vereecke today to discuss all things Blockchain Gaming. The duo dives into what has made Axie Infinity so special, and where the title is headed with Axie Origin and Axie Land Gameplay. The team also chats about the future of play-to-earn and discusses Philip’s view on the long-term sustainability of the industry.
Where does Axie Infinity go in the wake of its $600M hack? How does Sky Mavis replace the funds lost? In this week’s issue, Naavik contributor CA dives into the implications and impact of Ronin’s recent exploit
In this Crypto Corner episode, Lars Doucet, Anil Das-Gupta and Chong Ahn join your host Nico Vereecke to talk about the Recent Ronin exploit and what it means for the future of Axie Infinity. The team covers what exactly goes into blockchain bridges, how the hack occurred, and what happens next. The group also dives into the new Axie game and what Sky Mavis can do in the wake of one of crypto’s largest-ever hacks.
We recap Naavik’s progress in 2021, and preview what lies ahead in 2022.
Plus we cover the rise of token dedicated funds, as part of Naavik’s first-ever premium report on blockchain games.
Executive Summary Introduction By now, most everyone has heard of Axie Infinity, the current flag-bearer of the emerging play-to-earn (P2E) business model. From the whitepaper: “Axie Infinity is a Pokémon-inspired universe where anyone can earn tokens through skilled gameplay and contributions to the ecosystem. Players can battle, collect, raise, and build a land-based kingdom for their pets.”…
Plus we dive into what Twitch’s data leak means for Amazon and cover some of the most important headlines from the industry this week.
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