Axie Infinity gained fame with its 'play-to-earn' model, yet its story is one of high peaks and deep troughs. Let's delve into the past, present, and possible future of this platform.
Axie Infinity Origin Story
Axie Infinity was launched by Sky Mavis in 2018. Initially, the game struggled with Ethereum's high gas fees. This changed with the introduction of Ronin in 2021, enhancing game accessibility, particularly in Southeast Asia.
How Axie Infinity Works
Axie Infinity offers multiple game modes: PvE, PvP, and Origins. Players collect, breed, and battle Axies, using SLP and AXS tokens within the game economy.
Challenges and Criticism
Despite its success, Axie Infinity faces criticism over economic sustainability, accessibility barriers, and security issues after the Ronin network hack in 2022.
Axie Infinity's history illustrates the hurdles that blockchain games face in terms of economic and gameplay sustainability. The platform's future depends on its ability to overcome these challenges.
