Ivan on Tech Academy provides latest insights and reports about the blockchain industry.
Axie Infinity is a “Pokémon-inspired” digital universe and blockchain gaming platform for creating digital environments and raising pets known as “Axies”. Skilled gamers can earn Axie Infinity Shards (AXS) by contributing to the platform and participating in battles and tournaments with their pets. Axie Infinity allows users to trade NFTs and exchange in-game items, with more than 25,000 ETH traded within the Axie Infinity Marketplace. Also, Axie Infinity is ranked as the #1 Ethereum game with over 19,000 monthly active users, and more than 6,400 ETH generated in revenue! Furthermore, Axie Infinity, along with the Axie Infinity token (AXS) allows players to monetize digital property ownership and brings a great deal of utility to the platform.
Moreover, the social networking aspects of Axie Infinity have developed a dedicated community of passionate gamers and crypto enthusiasts. Crypto games such as Axie Infinity are among the most obvious gateways...
Gaming could be one of the biggest industries cryptocurrencies and blockchain technology looks to disrupt. The blockchain gaming industry has been quietly simmering for the past couple of years, following a huge influx of users that congested the Ethereum network in 2017. However, with recent developments, projects, and partnerships, blockchain in gaming is beginning to show signs of making a comeback, appealing to a bigger audience than ever before.
Digital assets, collectibles, and non-fungible tokens have come a long way in recent years, with more complex use cases and higher utility on exciting new platforms.
In this article, we’ll take a look at some of the tools used to create these digital worlds and explore some of the ways that blockchain is revolutionizing the online experience by bringing decentralization to the gaming industry with the power of blockchain technology and cryptocurrency.
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