Value of Axies can go down
Axie Infinity put NFT gaming on the map. This monster-breeding RPG showed NFT games can work, be rewarding, and above all, fun. The idea is simple: raise a pet Axie and breed it to create generations of creatures, each one inheriting traits from its relatives. You can collect and trade Axies on NFT marketplaces or in-game, with rare breeds earning you large sums of money.
The game features standard modes such as Quest, player-versus-player (PVP) battles, and Adventure – each earns Smooth Love Potion (SLP), the game’s utility token, which is used to pay for breeding Axies. In many ways Axie Infinity is a ‘normal’ game similar to Pokémon or Digimon.
But, as your Axies are registered on a blockchain their rarity and value can earn you real money. This play-to-earn model is what NFT games are known for, and it can be great when values go up but not so good when they decline. To offset the market forces imposed on the game Axie Infinity now has a free-to-play model similar to games such as Elder Scrolls Online, so players can join without needing to pay, but their Axies have limited development.
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