![]() ![]() The Axie platform is entirely player-owned, and users are rewarded for the time they spend on the platform growing the Axie economy. To breed Axies, users need Smooth Love Potion (SLP), which we will cover in more detail below. The platform has several rules around this, including a limit on the number of times a creature can be bred to avoid hyperinflation. In addition to battling the Axie Infinity creatures, users can also breed them. And through tournaments, users can earn cryptocurrencies from other players and tournament sponsors. More than 1.5 million people use this feature each day. BattlingĪxie Infinity's battle gameplay resembles battling with Pokemon cards - in fact, that was one of the creator’s influences. How Axie Infinity WorksĪxie Infinity's developers focus on four primary focus areas within the gaming platform: battling, breeding, economy and long-term sustainability, and land. It's now valued at $3 billion after only four years in business. It now has a full-time team of employees headquartered in Ho Chi Minh City, Vietnam. In 2018, the technology-based game developer Sky Mavis created Axie Infinity. The Axie Infinity platform uses non-fungible tokens (NFTs) built on the Ethereum blockchain to represent the game's resources, including creatures, plots of land, abilities, and more.Ĭommunity members can build their own tools and experiences within the universe and enjoy creating a community with other users. The Axie Infinity platform is player-owned, meaning each user has ownership of their resources in the game. However, it’s a speculative investment, so it may not be suitable for all investors.Īxie Infinity is a blockchain-based gaming platform that allows players to collect, battle, and breed whimsical pets and build kingdoms.
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