Axie Infinity (AXS) Introduced Eras, Here's How It Affects Game Economics

u.today 11 February 2023 13:53, UTC

GameFi

The team of VicTree, a platform designed to streamline and optimize income strategies in Web3 games, shared its estimations of major trends the Axie Infinity ($AXS) economy sees in Season 2, which started last January.

Axie Infinity ($AXS) Season 2: Dawns up, plants down

Representatives of VicTree shared a thread to cover the processes in Axie Infinity ($AXS) gaming world in Season 2, an in-game epoch that started in mid-January 2023.

Season 2 of @AxieInfinity introduced a new concept called "Eras".

Now that we've entered the "Final Era" let's see how the marketplace reacted to these balance changes.

Spoiler Alert: There are more balanced sales at 🟰 prices! 🚀😍
— VicTree (@Smartalecc5) February 10, 2023

In Season 2, the concept of Eras was introduced. Now the opportunities to breed pets and participate in battles depend on the status of the ongoing era — Rare, Epic, Mythic or Final.

According to statistics shared with VicTree's audience, four classes of in-game creatures dropped in price: Beasts, Bugs, Mechs and Plants. For instance, Plants lost almost 50% of its price.

By contrast, Birds, Dawns, Dusks and Reptiles become more expensive. Dusks' price jumped from $8 to $13, gaining almost 65% compared to Season 1.

Season 2 of Axie Origins started with a massive promo campaign on Jan. 11, 2023. So far, four epochs ("Eras") are completed successfully.

$AXS price up 38% as Season 2 gains traction

The only class of in-game creatures that is not affected by the Season 2 release is Aquas. VicTree is going to analyze Mythic and Final eras' tokenomics in coming weeks.

After having a terrible year of 2022, Axie Infinity ($AXS) is among the best performers in the mid-caps segment in 2023. In 23 days (Jan. 1-Jan. 23), the price spiked from $5.99 to over $13.68, gaining more than 100%.

That said, on Jan. 23, 2023, the $AXS token price printed a five-month high.

Together with The Sandbox (SAND), Axie Infinity ($AXS) was the most hyped Play-to-Earn platform of the 2020-2021 bullish rally. However, as the interest in crypto vanished, its tokenomics also collapsed.