Since the number of active players in the play-to-earn game has climbed by 59%, Axie Infinity started the year 2023 with a bright perspective on the game's future and the blockchain gaming community as a whole.
The information gathered also indicates a 214% rise in the game's sales volume in the month of January. After a precipitous drop in popularity, this is a promising indicator that play-to-earn games could experience a comeback in the year 2023.
What is the User Base of Axie Infinity?
DappRadar's latest data shows that the number of users that have a wallet set up to play Axie Infinity has climbed by 59% since the beginning of the year. On top of that, the value of its native tokens AXS (Axie Infinity Shards) and SLP (Smooth Love Potion) appreciated in value up until January 14th.
All things considered, the latest reports show a remarkable achievement.
The introduction of a new update at the beginning of January might be responsible for the dramatic increase in users. Due to this patch, users may now alter their Axies' appearances, trade items with one another, and contribute to the game's economy.
Will P2E Games be the Popular Choice in the Year 2023?
Play-to-Earn NFT-powered games had a less successful year in 2020 than in 2021. However, this may soon change as the popularity of games like Axie Infinity grows.
Even more encouraging is the fact that investors are backing innovative play-to-earn games. One recent example is Neopets, a virtual pet website that will soon enter the Web3 era.
This resulted in the game developers amassing $4 million from high-profile backers to expand their operation. Polygon, Blizzard Avalanche Fund, and Hashkey Capital are among the investors, so the outcome has the potential to be spectacular.
Final Thoughts
Axie Infinity is a leading authority in the blockchain gaming community, and skyrocketing figures for the play-to-earn game are good for the community moving forward. With innovative updates and growing support from investors, the future of play-to-earn games like Axie Infinity looks bright. It will be exciting to see how the gaming industry evolves in the coming months and how Axie Infinity continues to shape the play-to-earn landscape.
Question for Readers
Axie Infinity took the gaming community by storm after the onset of the pandemic. What other play-to-earn game do you think will be the next sensation?
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