Axie Infinity is a blockchain game based on NFTs that allows players to collect, nurture, and battle using characters called Axie. Each Axie is unique, has different values, and can be traded in the marketplace. This game runs on the Ronin network, a custom sidechain created by Sky Mavis designed for low transaction costs & fast gameplay.
How Does It Work?
Players form a team of 3 Axie and then battle in Adventure or Arena mode. Each victory rewards players with tokens like SLP. Axie Infinity also has a main token called AXS that is used for governance, staking, and several features within the ecosystem.
Why is Axie Infinity Popular?
Axie is gaining popularity due to its play-to-earn model, where players can earn tokens from gameplay. Its ecosystem continues to grow through Ronin, Axie Homeland, Axie Classic, and new Web3 features that strengthen its community.
