Welcome to PIF Picks, where we bring you the top news and stories in the world of GameFi! From January 9-13, 2023, the GameFi space has undergone game-changing developments. Here are some of the top GameFi updates that have caught our attention this week.
Despite the Token Price Drop After the Deletion of the Partnership Announcement With ‘the Rock’, Gala Games Still Leads the Rally in Gaming Tokens
Gala Games announced a partnership with Hollywood actor Dwayne “The Rock ” Johnson, through a tweet on January 11th. The announcement caused a spike in the company’s native token, GALA, with the price rising by more than 40%.
However, it was later discovered that either party had not confirmed the partnership, and Gala Games deleted the tweet. Following the deletion, the price of GALA dropped by more than 30%.
The company issued a statement, acknowledging the misinformation in the deleted tweet. According to a representative from Gala Games, the announcement was meant to be a closed post for the Discord community and wasn’t supposed to be shared in public. Despite the pullback, GALA is still up over 130% for the month, leading the rally among gaming tokens.
Axie Infinity Launches Origins Season 2 with 112,000 AXS Rewards and New Leaderboard System
Axie Infinity has unveiled Origins Season 2. This exciting new expansion promises to take the gaming experience to new heights. The 42-day second season of Origins will be divided into four rounds. It features a new leaderboard system called Eras, giving players the chance to win prizes and advance on the leaderboard.
The four eras in the new season are “Rare”, “Epic”, “Mystic”, and “Final.” Players who participate in at least one game during each era will be rewarded with a Sealed Rune or Charm Choice Box. These rewards can be redeemed at any time during the season.
Origins Season 2 boasts an impressive 100 levels, which is double the number of levels in Season 1. It also has a daily login bonus system to reward players for their engagement. The team behind Axie Infinity has also taken community feedback into consideration and shortened the season in comparison to Season 1.
Illuvium: Zero’s Alpha Version Contributes to Surge in Token Trading Session
Illuvium has just launched its latest game, Illuvium: Zero. This alpha-testing multiplayer RPG lets players collect and trade unique in-game items using Illuvium’s native token, ILV.
The launch of Illuvium: Zero has caused a frenzy in the trading world, with ILV token prices skyrocketing by a whopping 10% in the early hours of trading. It’s no surprise, as the game boasts some seriously cool features, like the ability to farm ILV tokens through in-game activities and using NFTs to represent in-game items.
This isn’t the first time Illuvium has wowed the world with its AAA games. Illuvium: Origins and Illuvium: Odyssey has already made a splash. The alpha version of Illuvium: Zero is only available to a select few players for now. The launch of Illuvium: Zero and the surge in ILV trading is just the latest example of the growing interest in blockchain-based gaming.