Axie Infinity is a symbiosis of a cross-platform game and an NFT social earning platform. On the surface, the game is analogous to a farm in which the user has to move to a fantasy world populated by creatures resembling cute monsters.
But it is only at first glance. It is a unique digital ecosystem on its platform using the Ethereum blockchain. You can create content, interact and trade with other players, etc. Got interested? Then stay tuned! Now we are going to break down what Axie Infinity is all about.
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And now we’ll get to the breakdown of Axie Infinity. Axie Infinity is the project that conquered cryptocurrency lovers. Axie Infinity is a decentralized game created by Sky Mavis, a Vietnamese studio. In it, users breed and collect unique “Axie” creatures, each undergoing evolution from an egg to a full-fledged adult. The gameplay consists of three main elements:
- Breeding creatures – raising eggs and crossing adult specimens to produce new ones.
- Combat with other players – each Axie has its characteristics and abilities that can be used in battle. Battles here are in turn-based mode and resemble titles in the genre of card-battlers.
- Trading with other players – users can exchange their creatures on the trading floor. Both adult creatures and eggs can be sold. Players can also give each other gifts and buy in-game land to breed and keep Axies.
These are the main types of activities in Axie Infinity.
How do I start playing Axie Infinity?
To start playing, you need to connect your Ronin Wallet cryptocurrency wallet. Other wallets are not supported. The game will require an initial investment: you need to buy at least three Axies in the in-game store. To do this, transfer ETH to the Ronin Wallet, then go to the store and select the pets.
But is it worth it in 2023?
So far, we’ve talked about the pros and cons of Axie Infinity, but now it’s time to answer the most important question: is it worth your time? It’s hardly worth it. The project has been feeling poorly lately, and here are just some of the causes why:
- Increased fraud – Attackers have started distributing tokens in the market on behalf of the company.
- Unsuccessful upgrades – in March 2022, the project’s creators were criticized for an upgrade favoring rich players.
- High-profile hacks – in March 2022, over $600 million in cryptocurrency was stolen from the game after a failed update. The developers allocated 2 years to return the money to the affected users. Later, in May, there was information about hacking the project’s Discord bot.
- Fraud by the project developers – at the end of July 2022, the head of Axie Infinity developer company was suspected of insider trading. However, these allegations have not yet been confirmed.
- The attention of players to other projects – in late 2022, there were STEPN and other game platforms with play-to-earn mechanics, which offered new and interesting content.
So, amid hacks, the fall of the native token, and a general decline in online project activity, publications began to appear about how Axie Infinity had left many players without a cent in their pockets. The stories of some of the platform’s users turned out to be even sadder.
Some players, in an attempt to make money on their investments in the game, got into debt. They did not manage to earn on the project. Decide what to play, taking into account all the minuses and nuances.We hope that this article was useful.
