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Impact on Ronin Network's daily activity by Q2 2024
5
Axie Infinity•Bounty Board•Classic Daily Active Users•Origins•Play to Rice•Daily Active Addresses•AXS•Sky Mavis•Ronin Network•Axie Classic Grand Tournament
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Blockchain analytics platforms and Ronin Network activity reports
Story
Axie Infinity's Bounty Board Sees Success with Over 50,000 Weekly Participants and 12,500 AXS Prize Pool
May 26, 2024, 02:46 PM
Axie Infinity's Bounty Board has seen significant success since its release, with more than 50,000 participants weekly. The Bounty Board has led to a 221.456% increase in Classic Daily Active Users (DAU) and a 61% rise in Origins DAU. Additionally, the Play to Rice initiative has boosted various metrics, including a 220.41% increase in Daily Active Addresses (DAA), a 160.53% rise in transactions, and a 531.24% surge in weekly new wallets. In response to this success, Axie Infinity is experimenting with increasing the AXS prize pool by 2,500 AXS, bringing the total to 12,500 AXS. This experiment aims to further increase participation and engagement. Sky Mavis, the company behind Axie Infinity, emphasizes the importance of experimenting with new token distribution mechanisms. The Bounty Board has also positively impacted Ronin Network's daily activity. Additionally, Axie Infinity announced the Axie Classic Grand Tournament starting on Tuesday.
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