Axie Infinity Cryptocurrency

What is Axie Infinity?

Axie Infinity is an ethereum-based game where you collect and breed Axies who then go on to fight PvE or PvP.

Why am I playing this game? And WHY would I link it to my blog?

I am in the process of radically reimagining what I want to do with this website. Having a resume landing page is a great start, but this blog will now be used to update my readers and followers on precisely what I’m involved with weekly. I may be selling stock options, investigating speculative NFT’s, or maybe we’ll talk about buying a Tesla. More to come!

Axie Infinity is an ethereum-based game where you collect and breed Axies who then go on to fight PvE or PvP.

Axie Infinity can be considered expensive to start. I don’t think many other games expect you to spend $600 just to play.

The expense is justified because of the underlying technology. You’re not buying some piece of code, you’re buying a unique, non-fungible item.

This item is one-of-a-kind and in the future, you will commonly see these NFT’s being used to secure digital property.

Right now NFT’s are oddities, but they are quickly gaining acceptance. You can see NFT’s being listed for sale online and displayed in VR worlds.

One type of NFT, land, can be thought of as digital real estate. It is similar to real estate in the physical world, but digital real estate can be molded in many ways to whatever the owner desires.

This digital land will be used similar to physical land: business will be conducted on them for real world value, promoters and craftsmen will use them as advertising space and affiliate links.

The term for this digital economy is Metaverse, and it will out scale the physical economy in just a few short years. This is due to the incredible availability and ease with which digital services can scale.

This may seem impossible, but the world is changing quickly. The new generation already lives in the virtual world, through games like Minecraft, Roblox, and Fortnite.

The legacy games are not based on blockchain. There is no NFT for Minecraft. There is no way to guarantee the scarcity and uniqueness of a digital asset in this case.

If you are interested in “the next best thing”, this is it. Axie Infinity is growing, among a plethora of other games and virtual worlds.

If you have questions, please do not hesitate to ask.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.