WELCOME TO THE VERY 1ST AXIE INFINITY NEWS REPORT ON THE BUZZ!
Plenty of events happened in Lunacia recently but it seems that a lot of people are unaware of these Axie Infinity developments. This may be due to the multiple sources of information which confused many of our readers. But fear not! We have decided to collect all the juiciest, meatiest, and most controversial news from announcements as well as tweets from Axie team members. Aside from this, we will not forget to mention updates on all our favorite Axie Players and Axie Buzz Members!
Why are we doing this?
Simple! We want to make you informed and prepared for all the future effects these announcements can make to Axie Infinity without the need to parse through multiple sources of information. At the same time, we want our readers to enjoy getting informed instead of it being a hassle. Presenting some of the noteworthy events that recently happened in Lunacia in a coherent news report, seems like a good idea.
Our Buzzing self wishes that you feel groovy about it.
Season 18 Arena and Economic Balance/Nerf
sourceIt has been a few weeks since the start of the 18th season of the Arena. Along with the update came the reduction of $SLP earnings for Adventure as well as a reduction of the required $AXS for Axie breeding. At the same time, $SLP earnings in PvP have been adjusted and increased to balance out the PvE reduction. This is just one of the measures to combat SLP farming Bots which are causing a massive influx of minted SLP. Additionally, this change accentuated the importance of competitive gameplay as players can now earn a lot more than ever before for battling their Axies against other players in the Arena.
We think this was a much-needed change that will bring Axie Infinity to the next level and we welcome it open-handedly.
What are the effects of this update?
- Adventure difficulty has been increased (based on experience)
- Number of bots and their effectiveness is reduced
- Less rewards for players in lower ranks, especially for players running floor Axie teams
- More breeding which translated into more affordable Axie teams
- Greatly reduced price of floor Axies, and a less expensive entry barrier for new players
- Lots of FUD and hate from players that play floor Axies whose earning potential was greatly reduced by the adventure SLP reduction
So what can we do? Learn, adapt, and grow, of course!
- Research properly before buying an Axie Team! Follow top players to see what teams their playing and if getting something similar might be a viable option for you. At the same time, asking for advice from veteran players can help when choosing the right Axie for you and your price range.
- Buy Axie teams that have skill synergy. It is not necessary to break the bank to purchase expensive Axies. You just have to find the right ones that do well together. This requires a great deal of pre-planning and getting informed so make sure you do the research before aping in. Buying and later breeding bad Axies, will be a very costly mistake so make sure to avoid it at all costs.
- Invest time to learn more about how to improve skills in PVP. This can be done by watching videos from seasoned Axie players. We suggest checking out Elijah, Brycent, DAVE vs AXIE,
Sam Withers, as well as Indes. This will help you learn the game, rank higher, and earn more $SLP - Join Axie Buzz in Hive to earn more!
- Another stupid advice is to buy meta Axies like Terminators or even better, counter them with Axies that have a Gravel Ant tail that disables all cards Terminators use. Money is POWER!
Axie Infinity Esports Now Open!
sourceEsports has finally entered Lunacia! For $AXS and glory, player initiative events are now online! Up to 37 Esport Events have been lined up this 3rd quarter or the year 2021. From this, we could already see that in the future there will be more to come and we're extremely excited about that!
To see pro players in action, check out the recording of the last Axie Esports tournament and subscribe to E1337 MetaWear so that you don't miss out on future events.
But what does this mean to you? Nothing? Of course not! Esport events usually affect the META of the game! Players who watch could gain new ideas of team compositions from the best players in the world! At the same time, breeders gain new opportunities to earn from the upcoming META Axies.
For now we could only watch the events from afar but who knows, maybe one day @AxieBuzz might apply to start our own Esports Event.
Jihoz Drops Hints of DEX
In the recent tweets of Jihoz, has been teasing players and investors little by little with their upcoming Ronin Dex. This has been ongoing for the past few days which started from:
To the most recent one explaining more about Ronin Dex:
Project X = Ronin DEX
— The Jiho???? (@Jihoz_Axie) September 1, 2021
A Dex is a decentralized exchange for token to token swaps. They allow you to exchange 1 token for another.
You can also deposit equal values of two tokens and become a market maker.
This Decentralized Exchange has been in the air for several months already. This is very important specially now that ETH gas fees has been rising from 30$ to 100$ per transaction! Furthermore, Ronin Dex will allow players to easily purchase their very own Axie without the need for the complicated process of using other trading platforms.
Axie Buzz Member Reached 2000 MMR
One of our very own members here in the Buzz community, Matty has finally done it! He has reached the elusive 2000+ MMR bracket in the Arena using a Reptile-Bird-Plant Axie team. Though Matty may be relatively new to the game, he has shown great potential by reaching the said milestone. After a few modifications to his team, he was able to shoot for the stars and reach a very respectable MMR. Surely we can see a ranker in our community soon. Once again a big congratulations to Matty!
Bruhhh Finally?? huhu Thanks for the trust bro @AxieBuzz biggest achievement as a gamer for me????????? pic.twitter.com/Hi5ocRgf2y
— Matty || ?????? (@ItDoesntMatty) August 29, 2021
BIR to Tax Filipino Axie Players
With the hype that came with the game, several Filipinos have been attracted to invest in the game to earn money especially during the pandemic. While this has been under the radar of the Philippine Government, now it has come to light due to the influx of “Influencers” and players who show their earnings in their social media accounts. The Bureau of Internal Revenue(BIR) of the Philippines has advised players to file their income tax. It is said that those earning less than 250k Pesos has no need to fear being taxed.
While it may be hard for the government to track the transactions of players in the blockchain, it is still possible to do this after “cashing out” the crypto currency to Peso. At the same time, the agency has accepted the fact that it is very hard for them to detect small time earners like scholars but it is easy to detect larger amounts of earnings.
In response to this, Sky Mavis encouraged all players to abide by the law of their country according to their tweet.
Play-to-earn is an important shift in the nature of work; we look forward to working with physical nations (governments) on a path forward that encourages innovation and empowers gamers.
— Axie Infinity???? (@AxieInfinity) August 26, 2021
?? pic.twitter.com/AWe8fVcXiw
Transfering SLP and AXS directly to Binance
Binance has recently integrated Ronin to Binance. Now players can directly send their SLP and AXS to and from Binance. No more expensive gas fees! Less process to transfer assets! PLUS, IT IS FREE! Well not exactly free, since sending SLP from Binance to Ronin will cost 1 SLP. But transferring SLP from Ronin to Binance is free. Instead of having to pay two Ethereum transactions which sometimes amounts to more than $100 per cash out, players can now get their earnings to Binance for free!
Is this the Ronin Dex everyone is waiting for? NO! Ronin Dex will make trading tokens easier on the Ronin platform. But this integration makes it easier for players to convert their earnings into stable coins or start investing in other cryptocurrency. But be advised, trading is not for everyone.
Ronin integration with Binance is a crucial step towards to the release of the Ronin DEX. When is it going to be released though? That's anyones guess as the exact release date hasn't been announced yet. If we had to guess, we'd say that chances are high we see it live by the end of the year.
Read the full article here: Binance Completes Axie Infinity (AXS) & Smooth Love Potion (SLP) Ronin Network Integration
That about wraps it up for our first Axie News Report. There was so much more we could include but we wanted to keep it short and reader-friendly. We'll explore other formats in the future and chose the one that works and feels the best.
We hope that now you feel more informed about the recent events that have happened in Lunacia! Feel that our report was too long or too short? Inform us in the comments! We will continue to publish news about Axie Infinity as long as we have something to write about (or if the writer is not lazy)! If you know about any noteworthy Axie events that recently happened, leave us a comment here or DM us on Discord and we will look into including it in our next report.
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