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Evolution of Axie Infinity: From Rise to Rebirth

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by Giorgi Kostiuk

3 days ago


Axie Infinity has become an iconic figure in the world of blockchain games, firmly establishing its impact since its launch. In 2025, the game continues to evolve, offering new opportunities and facing new challenges.

The Origins of Axie Infinity

Axie Infinity was launched by Sky Mavis studio in 2018 as an attempt to create a game inspired by Pokémon and CryptoKitties. The breakthrough came with the development of Ronin, Sky Mavis's own blockchain, significantly reducing transaction fees and speeding up processes. In 2021, Axie Infinity hit its peak popularity, attracting millions of players and achieving impressive trading volumes.

We had about a thousand dedicated players who were willing to stomach those costs.

How Axie Infinity Works

Axie Infinity entices users with the opportunity to collect, breed, and battle creatures called Axies. The focus is on two tokens: Smooth Love Potion (SLP), used for breeding, and Axie Infinity Shards (AXS), serving as governance tokens and player incentives. The game's economy is supported by improvements and incidents, such as the Ronin network hack in 2022, which nonetheless relaunched the platform.

Challenges and Criticism

Axie Infinity faces challenges with economic sustainability and cost distribution criticism. Some believe the play-to-earn model is questionable, requiring a constant influx of new players to maintain token value. The company is working on improving security after the 2022 Ronin network hack and continues striving for a balance between economic and gaming aspects.

Amid the fluctuating cryptocurrency market, Axie Infinity remains a significant part of the blockchain industry. It will be interesting to see how Sky Mavis navigates towards sustainable growth, utilizing experiences from previous years and learning from its own and others' successes and failures.

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