P2E Games: What is it?

Remember the good old days of World of Warcraft and GS-GO.? Those lofty skins that cost tons of money? So what change did Play-to-Earn games brought to the table?

It all boils down to digital ownership, blockchain technology, decentralisation. In blockchain technology, all the data are secured, which means no data can be altered. The game based on blockchain technology supports many crypto markets, and one such is the NFT.

What is an NFT?

NFT is a Non-Fungible Token that gives a unique digital code to your art, and selling the same in the NFT marketplace gives you a good profit from your art. In the past and also in the present, the digital assets were not secured in the open platform as anyone can access them or can forge them. But, NFT made this activity impossible and thus supported the gaming talent across the world. And one of the most popular NFT game is called Axie infinity.

So, What is Axie infinity?

Axie Infinity is an NFT game inspired by Nintendo’s classic franchise, Pokemon, where players can compete with each other by letting their virtual pets battle, raise their own characters and assets, and perform daily quests and other in-game activities.

Axie rewards players with Smooth Love Potion (SLP) tokens, the platform’s currency, which they collect and use to enhance their pets’ attributes, purchase new ones, or convert to fiat currencies.

Axie Infinity is now one of the top most popular NFT games today, with a total NFT trading volume of $3.6 billion since launch.