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Axie Infinity is a turn-based play-and-earn card game that involves non-fungible tokens
(NFTs) and virtual currencies.
It’s most generally portrayed as a Pokemon-style game in which you engage with virtual
pets named Axies rather than Pokemon. NFTs are Axies and in-game objects, whereas
cryptocurrency tokens like SLP and AXS are in-game money.
Individuals may freely trade their Axies and exchange the digital tokens they’ve acquired
in exchange for their fiat money.
Thus, this enables gamers to recover the monetary worth they’ve generated by enjoying the
game.
Types of NFTs
Axie Infinity is the single largest NFT project of all time in terms of trading volume, but it
has fallen on hard times in recent months between a failing play-to-earn economy and a
$622 million hack to its Ronin network bridge.
An NFT is a blockchain token that serves as a proof of ownership for an item.
In the case of Axie Infinity, NFTs represent things like unique Axie monsters that users
bring into battle, as well as virtual land plots that players can customize and monetize in
the future.
Platform of NFTs
Total Funding Amount $9M
Number of Investors 14
To put it simply, the easiest way to earn is to play and progress in the game to receive their in-game
token which is known as Smooth Love Potion (SLP) which you can then trade for real money.
To earn SLP players can fight battles and complete daily quests which can include rewards up to 25
SLP
The block chain-based game Axie Infinity brought in only $988,400 in revenue last week — the
first week the play-to-earn (P2E) game has clocked less than $1 million since February of 2021.
Average Monthly Players 701,447 Last 30 Days
Active Players Daily 584,539 Last 30 Days
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Axie
THANK YOU Infinity