Land prices are changing so quickly that making the best decision has become a matter of precise timing
On May 3rd, Sky Mavis announced the staking process for land in its flagship and hugely successful game Axie Infinity. In the 12 hours since then, land prices have been on a volatile ride as people look for the best investment opportunities.
- Land staking update followed Sky Mavis’s recent announcement about land gameplay in Axie Infinity.
- Axie Infinity will reward land stakers from a monthly pool of 337,500 AXS. The more expensive pieces of land yield more AXS for stakers.
- Since Sky Mavis told users about its new staking mechanism, prices for the premier plots have risen sharply.
- The Vietnamese company has endured a tough 2022 so far, with the Ronin bridge exploit and in-game economic problems negatively affecting the game’s previously strong position.
DappRadar reported back in April that land gameplay was coming to Axie Infinity. Now that Sky Mavis revealed…