Axie Introduces Play-to-Rice Concept with Daily Bounty Board

Axie Infinity, the popular play-to-earn game developed by Sky Mavis, has recently introduced “Play-to-Rice” concept through its new feature, the Axie Bounty Board.

The Bounty Board operates as a questing system, allowing players to complete daily bounties and accumulate points and earn rewards in the form of $AXS — the ecosystem’s native cryptocurrency.

The Axie Bounty Board aims to incentivize active participation within the Axie community, and with 10,000 $AXS up for grabs every week, users are encouraged to engage in various activities to earn points and contribute to the growth of its ecosystem.

Source: Axie Infinity

What is Play-to-Rice concept?

The Bounty Board debuts with a curated set of daily bounties — from simple tasks like signing in and praying to Atia, to more strategic endeavors such as achieving victory in PvP battles in both the Origins and Classic arenas — enabling users to earn a total of 115 points per day.

The calculation of $AXS rewards follows a transparent formula, where a user’s earned points are measured against the total ecosystem’s points, then multiplied by the weekly reward pool.

For instance, if a user accrues 70 points in a week, and the collective points earned by all users amount to 700,000, the user’s contribution would be 0.01% of the total points. If there are 10,000 $AXS rewards available, the user would be eligible to claim 1 $AXS reward for that week.

At the time of writing, 1 $AXS is equivalent to $6.89, which is approximately the cost of 1 kilogram of rice in the global market.

How to get involved?

Users are required to have at least 3 Axies in their wallets to receive points — no Axies mean no points.

To participate in the Axie Bounty Board, users simply need to navigate to the Axie application, select the “Bounty Board” option, and complete the designated daily bounties.

Once completed, users can verify their actions on the Bounty Board and claim their $AXS rewards during the weekly claim period every Wednesday at 03:00 UTC.

Axie Infinity remains open to refining and expanding the feature based on user feedback, and future iterations may include more diverse bounty types tailored to different player archetypes.

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The post Axie Introduces Play-to-Rice Concept with Daily Bounty Board appeared first on NFT Plazas.


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