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CryptoUnit - Best Cryptocurrency Websites & Bitcoin Sites List of 2023! > Websites > Axie Infinity 1.0
axieinfinity.com
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Blockchain gaming has become one of the most talked-about innovations in the gaming industry due to the rise of NFT-powered games and the play-to-earn movement. At the forefront of this development is Axie Infinity, an Ethereum-based game that offers various elements designed to help players generate income using digital assets.
With over 100,000 active players monthly, Axie Infinity has gained popularity for its income-focused gaming model. It has also become a favored choice among players in developing countries, with more than 40% of Axie players based in the Philippines.
Axie Infinity, launched by Vietnam-based Sky Mavis in 2018, is a blockchain game centered around a self-sufficient economy. The game utilizes blockchain-powered infrastructure to integrate digital assets as core elements. This allows players to own in-game assets outrightly, opening the door to monetization.
This capability is enabled by non-fungible tokens (NFTs), which bring uniqueness to virtual assets. NFTs resolve issues related to asset piracy by storing asset metadata on blockchains. This immutability ensures the authenticity of digital assets, making ownership secure through private keys.
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