Axie infinity NFT Review. Part 02 .

ebrahim2021 (65)in Tron Fan Club • 2 years ago

Assalamualaikum I hope everyone is well. I am also very well by the grace of God. Today I will discuss about Axie infinity NFT. I published Axie infinity NFT part 01 yesterday. Today I will share with you part 02.

Axie infinity is an e-gaming economy NFT. Axie Infinity Origins is a free-to-play game that is crypto-free. Everything runs on microtransactions.

Axie infinity game brought to the marketplace in 2019. At that time, everyone was confined to their homes due to Covid-19. Due to not leaving the house, the economic condition of the world worsened. Especially in low-income countries, the situation worsened. Earnings from games like Axis Infinity have sometimes been considered a viable source of income in low-income countries like the Philippines. Because the Philippines has a lot of history with the game.

The game gained popularity in the Philippines due to Covid-19. The game begins to solve the star's financial problems. The game was the main source of income for many residents of the Philippines. The main motivation behind playing the game was initially to earn roughly the same amount of income in a few hours a day as full-time employment. Their life was going well.

Then the Philippine Department of Finance clarified that Axie Infinity is taxable. So the Philippines adds finance tax. After paying taxes, the people of the Philippines were still doing very well. But what is the irony of fate in 2022 a very big event happened.

The cryptocurrency market struggled in 2022 due to the crypto winter that caused many blockchain-based currencies to decline. In addition, Axi Infinity also had to deal with a hacking scandal that saw over $600 million in SLP tokens stolen, further weakening the game's infrastructure.

As of June 2022, over 1.5 million players have quit the game.

I ended here like today. This NFT has a lot of history. So I will share some more steps with you. Next post will contain :-

★ Axies? What are those?
★Breaking down SLP and AXS tokens.
★Who made Axie Infinity?
★The Axie’s homeland.
★A ‘life-changing’ game.
★What’s next for Axie Infinity?
★The Ronin Network hack.

I am Md. Ebrahim Islam Nahid. Everyone calls me Nahid. I am Bangladeshi. I am an Electrical Engineer. I love reading books, writing and creating new things. I try to express myself and evaluate the opinions of others.