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Inaugural Esports Olympic Games to be held in Saudi Arabia

GamesIndustry.biz

The International Olympic Committee has announced that the first Olympic Esports Games will be held in Saudi Arabia in 2025. The IOC announced plans for an Olympic Esports Games last October. Esports featured in the 2022 Commonwealth Games, but will not appear in the 2026 event. A city and venue have yet to be selected.

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Guild Esports pens investment deal to earn up to £1m

GamesIndustry.biz

Sign up for the GI Daily here to get the biggest news straight to your inbox Guild Esports has announced that it has signed a subscription agreement to raise up to £1 million. The investment was from an international esports, content creation, and media brand. Read more

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Axie Infinity (Part 2): Redemption or Ruin?

Deconstructor of Fun

Given that AXS first launched in November of 2020, we should expect the supply to cap out around April of 2026: Source: Sky Mavis. There is plenty of precedent for this in traditional eSports, where only an elite cadre of players (professionals) are able to earn money, so it’s an approach that does at least work in principle.

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Axie Infinity: Infinite Opportunity or Infinite Peril?

Deconstructor of Fun

It creates an esports-fertile product, since the core battle experience allows two players to have a fair battle that is highly dependent on skill versus stats. The rest of the tokens will gradually unlock by 2026. Until October 2021, there were 60-62M AXS tokens in circulating supply, which represents 22-23% of the total supply.