Axie Infinity (AXS)

  • Official Website: axieinfinity.com
  • Definition: Axie Infinity is a blockchain-based game where players collect, breed, and battle fantasy creatures called Axies.
  • Category: NFT, Gaming, Token.
  • What It Is: A play-to-earn game with a strong focus on NFTs and decentralized ownership.
  • Function: Enables players to earn rewards through gameplay and trading Axies.
  • Analogy: Think of Axie Infinity as a digital pet game. You can collect, breed, and battle creatures while earning rewards.
  • Pros: Play-to-earn model, strong community, growing ecosystem.
  • Cons: High entry cost, speculative nature.
  • Controversies: Criticism of play-to-earn economics, environmental concerns.

This page was last updated on January 28, 2025.