The blockchain gaming zone is rising, ALICE is up over 55% in the past 24 hours. According to the market data of Gate.io, the blockchain gaming zone has seen a general rise, among which: ALICE's 24-hour increase is 56.99%, currently at $2.584. PORTAL 24-hour increase of 25.19%, temporarily reported at $1.183; SLP 24-hour increase of 18.66%, currently trading at $0.00463; PDA 24-hour increase 17.77%, currently at $0.101; BIGTIME 24-hour increase of 11.12%, currently at $0.2463; XAI's 24-hour increase is 10.70%, currently at $0.896.

Odaily Planet Daily News According to the market, GameFi zone tokens are generally rising, including: ALICE 24H increase is 48.25%, currently at 2.418 USDT; SLP 24H increase by 20.72%, currently at 0.004825 USDT; PIXEL 24H increase by 5.6%, currently at 0.532 USDT; DAR 24H increase of 10%, currently at 0.19967 USDT; BIGTIME 24h increase is 4.23%, temporarily reported 0.2339 USDT; GALA 24H increase is 5.97%, currently trading at 0.04736 USDT; YGG 24H increase is 8.26%, currently trading at 1.1118 USDT; TLM 24H increase by 8.5%, currently at 0.02119 USDT.

Axie Infinity: Plans to burn 10 million SLP from the Stability Fund reserve Axie Infinity announced the March SLP Stability Fund fund update, which showed that the supply of SLP increased by 60,291,509 in March, the balance of USDC in the Stability Fund was 55,000, the balance of SLP was 9,773,028, and the net burn was 59,194,118. Axie Infinity also announced its next steps, which include the purchase of 5,000 USDC worth of SLP tokens at the current price, as well as the burning of 10 million SLP from the Stability Fund reserve.

Axie Infinity announced on the X platform that it plans to upgrade the Guild system and bring it to Axie Classic on March 7. If it proceeds as planned, the second phase is expected to be released by the end of this month. Regarding Tokens and Rewards, SLP will be burned Long rather than minted. AXS will be distributed as reward tokens to players who rank high on guilds and individual leaderboards, as well as to esports tournaments and tournaments. AXP and Gold will serve as progression rewards to help advance the game. Officially, the Axie Classic is still in the experimental and iterative phase.

According to official sources, Axie Infinity has announced the launch of Origins Season 7 Final Era, which will last for 7 days. The total prize pool for this season is 22,050 AXS and 16,030,667 SLP, approximately equivalent to 262,000 USD.

Odaily Planet Daily News According to official news, Axie Infinity announced the launch of Origins Season 7 Mystic Era. It is reported that the total prize pool for this season is 18,900 AXS and 1,374,051 SLP, worth about $200,000.

Golden Finance reported that Axie Infinity Games released an announcement to update the Token Policy, as follows: The SLP supply is now capped at 44 billion. For every 10 SLPs burned, 2 SLPs are minted as buyback and stabilization funds. 60,000 USDC has been injected into the Stabilization Fund. Set a deflation target of 2% for SLP.

Participate in Gate.io Feeds #trending topics# to win $5 worth of tokens 🔥 each How to Participate: 1️⃣ Pay attention to the official account Gateio dynamic _Official 2️⃣ Post your opinion in the feed and use the hashtag #trending topics#. 3️⃣ High-quality posts will be selected to win a token reward of $5 each 🔔 In this issue: GameFi Play-to-Earn P2E related concept tokens have achieved a big increase today, such as SLP, AXS, GALA, GMT, BIGTIME, SAND, MANA, etc., what do you think of the GameFi narrative? Will the narrative continue to be positive? Recommend the GameFi currency you are optimistic about. ⏰ Deadline: 10:00, November 2 (UTC+8) Note: Content posted in the comments section is invalid.

Golden Finance reported that Reddit co-founder Alexis Ohanian said that in the next five years, most gamers will not play games unless they are properly valued at that time, as the wider public adapts to cryptocurrency and NFT transactions , these games may face adoption hurdles, but as these technologies scale, earning while playing will become the norm in gaming. Axie Infinity has generated more than $4 billion worth of NFT transaction volume to date, but the game's groundbreaking money-making economy collapsed in early 2022. Axie’s token price has dropped significantly, with the in-game SLP reward token now down 99.5% from its peak price, and the AXS governance token down 96% from its all-time high.