What Happened: Blockchain-based trading and battle game Axie Infinity (CRYPTO: AXS) has grown exponentially in a year.
Over the past month alone, Axie Infinity’s protocol revenue exceeded $330 million, doubling Ethereum’s (CRYPTO: ETH) revenue which stood at $152 million, according to data from Token Terminal.
The game works on a play-to-earn model, where players breed Pokemon-inspired tokenized creatures called Axies. Each Axie is an NFT and has a different set of attributes and strengths.
The Axie Infinity ecosystem also has its own governance token,....More>>>