HomeCrypto GamingEnd of Axie land staking tarnishes launch of Homeland's open beta

End of Axie land staking tarnishes launch of Homeland’s open beta

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Sky Mavis’ Axie Infinity: Homeland has entered open beta, however the reception has been divided.

No NFTs are actually required, however the PC recreation – which has been reside in closed beta since late 2022 – has been reset. This implies everybody’s accounts have been wiped along side the sport’s artwork model and UX being revamped.

Nevertheless, the massive information for present gamers is the land staking marketing campaign has stopped.

Land staking was initially launched as a means for land NFT holders to passively earn each day AXS tokens. It was all the time going to be a stopgap measure as a result of at that stage you couldn’t functionally do something with land, which launched as early as 2019.

Nevertheless, over time land staking ended up being the anchor for land’s ground costs as a result of every land rarity earned a unique however fastened quantity of each day AXS, therefore it was a reasonably easy calculation to work out the worth of land at the very least when it comes to its discounted money circulate.

So whereas some may not be 100% glad with its new look, the top of land staking is what has stirred up most anger, rage-quitting and dumping of land from NFT holders who’ve had their passive revenue stopped, in addition to seeing the worth of their precept tanking.

Gaming content material creator and Axie fanatic Aftermath TV sums up his ideas in a publish on X, saying “It is also inevitable that some of the Land Working Group members will leave due to emotions and disappointments. People will go if they are not happy but for as long as Axie Infinity continues to deliver then new bloods will step up.”

Including a extra sober perspective to the warmth he additionally says, “I’m really okay that the current Land Dump is happening… The most important thing right now is that people who will buy plots will be here long-term and they will really play the game.”

In response, Sky Mavis CEO Trung Nguyen feedback, “Product releases and even products can be right or wrong, but that doesn’t change our commitment to Land.”



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