When NFTs became mainstream, indie studio Sky Mavis' promising crypto game Axie Infinity took off. When the wider NFT market began to calm after all of the excitement, Axie Infinity grew even larger.
Axie Infinity is a monster-battling game where you pit teams of cute monsters called Axies against each other in battles.
The game is built on the Ethereum blockchain and uses Ronin, a sidechain that helps reduce transaction fees and delays. It focuses on turn-based fights against either computer-controlled Axie teams or live opponents over the Internet.
NFTs, or non-fungible tokens, are used to represent in-game objects. In the case of Axie Infinity, these cryptographically unique tokens can be linked to digital material, such as the Axies and land plots that populate the game. Unlike other in-game commodities, the NFT gives the buyer ownership; Axies can be traded for real money on the game's marketplace.
Axie Infinity adds the sense of ownership to the exciting and appealing premise of Pokémon. These Axies are yours and provide concrete rewards in the form of Smooth Love Potion (SLP) crypto tokens, which can be traded for cash. Many players will be put off by the initial fees, but it is a game that rewards players as they invest more time and effort.