Axie Infinity, one of the blockchain-based play-to-earn games, is making less and less revenue.
Axie Infinity has gained great popularity in the summer and autumn of last year. More than $215 million in just one week in August 2021 had income.
Sky Mavis, the developer of the game, received $152 million in funding from a group of investors, including Andreessen Horowitz, in October last year. $3 billion valuation reached.
This growth that Axie Infinity experienced last year, since November 2021 is reversed.
Axie Infinity’s total weekly revenue last week, according to data from The Block 988 thousand 400 dollars remained at the level. Axie Infinity, on a weekly revenue basis Has never been under $1 million since February 2021.
In the downtrend of Axie Infinity, Smooth Love Potion is effective is being considered.
There has been a great increase in the supply of this token, which can be used in the game and is known as SLP for short, and the new tokens put into circulation have been increased over time. How can it be eliminated A roadmap has not been determined for (can be burned).