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Play-to-Earn gaming guilds

November 26, 2021, 9:58AM EST • 17 min read Quick Take The play-to-earn (P2E) model reshapes the gaming industry by transforming the conventional one-way interaction between players and the game into a two-way relationship. The proliferation of P2E guilds is paving the way for the eSports industry’s future landscape. Also known as GameFi DAO, they increasingly serve as entry points for players to the metaverse, including the DeFi industry. As P2E games and guilds grow, we will see a greater …

Axie Infinity virtual land plot sells for a record $2.4 million

advertisement A virtual land plot in the Axie Infinity NFT game sold for a record price of 550 ether (about $2.4 million) on Wednesday. The plot is part of the “Genesis” land type, which Axie Infinity describes as “extremely rare.” Genesis land is located in the center of the Axie Infinity map and is capped at 220 plots. The seller of the plot goes by “ArcaChemist,” and the buyer goes by “Lunacian #789512.” There are different types of land in …