News Report
August 14, 2022

Players can now mint NFTs in Axie Infinity Phase 3 of Season 0

Players can now mint NFTs in Axie Infinity Phase 3 of Season 0
Image from axie.substack.com

Blockchain-based play-to-earn game Axie Infinity announces Phase 3 of Season 0. The developers introduce new economic updates, tweaks, and features. 

Players will now notice new ERC-1155 tokens – “Ronin” Charms and Runes. Users will be able to mint these NFTs by paying a small fee in $SLP, the “Smooth Love Potion” token. Additionally, there will be a minting fee of $3 per rune or charm. Players can sell, buy, gift, and trade assets. 

Individuals will now be able to earn utilities while playing. However, the updated game will not let players craft the utility itself. 

Additionally, users that reach the “Chick” rank will receive stickers for their in-game collections. Players that finish in the top 20,000 of Season 0 Headboard will also receive gift stickers. 

Axie Infinity is a Pokémon-inspired game that allows users to earn tokens by playing and contributing to the project’s ecosystem. The Vietnam-based company enables third-party developers to use the game’s art and in-game assets to build their tools and experiences for the Axie Universe. 

In March this year, Ronin Network, which powers Axie Infinity, was compromised. The breach happened on March 23. However, the company made an official announcement on March 29. Hackers managed to drain approximately 173.600 ETH and 25.5 million USDC. 

In April, Sky Mavis managed to raise $150 million in a funding round led by Binance. The funds were used to cover the Ronin Bridge hack.

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In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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