It is a video game based on blockchain technology that, so far, is considered the most successful on the market. He aims to collect digital pets called Axies.
Axies are non-fungible tokens (NFT) and have a value that varies according to their classNameification. Owning the rarest ones can make you a lot of money.
For example, until January 2022 the most expensive Axie on record was sold for 70 weth (token), which translates to about 280 thousand dollars, amazing right?
This is one of the reasons why Axie Infinity is all the rage among the gaming and cryptocurrency community. Not surprisingly, its rise has been such that its creators register transactions that exceed 80 million dollars per month.
The gameplay of Axie Infinity is simple. Do you remember the Pokemons? Axies are very similar to these characters, as we already mentioned, they have abilities and you can improve them.
The goal is to have as many creatures as possible to create battle teams, then you take your little digital kids to face off against other players. There is also the option to complete missions by fighting bots.
For every mission and battle done, the Axies gain experience that makes them stronger for future encounters. You also receive rewards with which you can upgrade characters or buy new ones.
The stronger your Axie is, the more expensive it will be and the more chances you have to spawn extraordinary creatures.
You will wonder how, take note that this is very important:
Every Axie is engineered with digital genetics. So, if you mate two battle-winning creatures that you've put a lot of dedication into developing, you'll get a new Axie with the qualities of its parents.
This is the reason why each creature is unique and, depending on its genetics, has an important economic value.
Many users are dedicated to raising and parenting Axies. Each birth is a new NFT that can be sold.
Other players find gains in being victorious in battles, making their creatures stronger and more desired by other teams. To acquire the most outstanding they will have to pay a price.
In other words, every action you take with the Axies is focused on generating money.
In conclusion, there are three ways to earn money with Axie Infinity:
1) Competing in battles to improve the Axies.
2) Breeding Axies to spawn new creatures with unique abilities.
3) Bought very rare Axies and then sold them for a higher price.