Axie Infinity Surpasses $4 Billion In All-Time Sales, Team Removes SLP Rewards From Classic Game Mode


After recording over $4 billion in all-time sales, Axie Infinity has announced that the game’s classic mode will no longer allow users to obtain a Sweet Love Potion (SLP), as SLP rewards have been added to the new ranked game mode by Origin. The team has also introduced non-fungible token (NFT) runes and charms that can be minted on the Ronin Network through the marketplace.

As Play-to-Earn Game Hits $4 Billion in Sales, Axie Infinity’s Classic Mode Will No Longer Collect SLP

Axie Infinity changes the rewards system and removes the SLP from classic gameplay, according to a blog post published on August 11. Axie Infinity is one of the most popular play-to-earn (P2E) games that incorporates NFTs. The game’s NFT collection has so far recorded $4.24 billion in all-time sales, according to all-time statistics collected by dappradar.com.

Data from Cryptoslam.io also shows that Axie Infinity has made over $4 billion in all-time sales, but the metric is slightly lower ($4.08 billion) compared to dappradar.com’s stats. The $4 billion in sales have taken place across 17,038,131 transactions to date and there are 2,291,087 NFT owners.

Axie Infinity Surpasses $4 Billion in All-Time Sales, Team Removes SLP Rewards from Classic Game Mode

Axie Infinity is the top NFT collection on cryptoslam.io as Bored Ape Yacht Club (BAYC) trails Axie Infinity in sales with $2.36 billion, and Cryptopunks has $2.35 billion in all-time sales. In the latest blog post titled “Origin Season 0: Phase 3 Is Here”, Axie Infinity details that some changes to the game will remove Classic mode rewards.

Game management plans to reward players using Origin’s ranked play mode. NFT runes and charms have also been introduced, and the team has adjusted the game’s ranking rewards.

“As planned, we will be moving SLP from Axie Infinity Classic (V2) to Axie Infinity Origin (V3) as part of Phase 3,” Axie Infinity explained on Thursday. “This means that SLP issuance will be completely disabled from V2 on August 12 at 9:30 GMT+7. One of the key benefits of transitioning to Origin from Classic is the expanded ability to balance the SLP economy So, the design of the SLP rewards system with Origin is being adjusted to align with this goal.

Axie Infinity has two native tokens, smooth love potion (SLP) and axie infinity (AXS), which are an integral part of the P2E game. While SLP is used for rewards, AXS is the community governance token. AXS hit an all-time high (ATH), four days before BTC hit its lifetime price, when AXS hit $164 per unit on November 6, 2021. AXS is currently down over 88% from its ATH and SLP’s fall from its high price is even worse. On July 13, 2021, SLP reached a high price of $0.399, and today it is down over 98% from that point.

Keywords in this story

$4 Billion, $4 Billion Sales, August 11th, axie, axie infinity, axs, Blockchain, Classic, Classic Mode, Cryptocurrency, cryptos, Games, Leader Board, Leaders, Markets, nft, NFT, Token non-fungible, Non-fungible Token Collectibles, Origin Season, P2E, play to win, Rewards, rewards system, sales, SLP, Smooth Love Potion, v2

What do you think about Axie Infinity changing the structure of SLP rewards? Let us know what you think about this topic in the comments section below.

Jamie Redman

Jamie Redman is the News Manager at Bitcoin.com News and a fintech reporter living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written over 5,700 articles for Bitcoin.com News about disruptive protocols emerging today.




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