The Block
News+

Play-to-earn game Axie Infinity: Where does the money come from?

January 15, 2022, 10:06AM EST  ·  7 min read

Quick Take

  • Axie Infinity is a play-to-earn game that hands out SLP tokens to its players.
  • The game currently gives out 187 million SLP tokens per day, worth $3.3 million.
  • But where does this value come from? And is it sustainable?
Axie Infinity gives you tokens for playing. But this isn’t an infinite money glitch, the value has to come from somewhere.

Subscribe to The Block News+ to
Unlock this Feature

Annual

$
per year
Join Now
Want to Pay in Crypto?

Questions?

If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Already a Subscriber? Sign In
DeFiEthereumGaming

Trending Stories

5 Steps to a Successful Crypto AML Program
As cryptocurrencies become increasingly mainstream, regulators, the media and policymakers are paying more attention to the financial crime risks associated with them. But what are the biggest compliance challenges crypto firms face, and what does a best practice AML program look like? 
Read Full Story
Sponsored Post

Layer-2 Scaling Solutions: A Framework for Comparison - Commissioned by Polygon
Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value transfer. Non-fungible tokens (NFTs) emerged as another “killer application” that have put its technology on the global stage and caught the attention of the masses.
Read Full Story
May 5, 2022, 3:17PM UTC

The TRON Ecosystem Thrives Amidst Market Chaos
TRON DAO has announced the launch of a $10 million incentive fund in light of recent events to support Terra developers migrating to the TRON ecosystem, including TRON’s EVM compatible cross-chain solution BitTorrent Chain (BTTC), which helps facilitate the seamless transfer of assets across mainstream public chains, including TRON, Ethereum, and BNB Chain. 
Read Full Story
Sponsored Post
More
Bitstamp - Buy BTC, ETH, SAND and more
Invest securely with the longest running crypto exchange. Reach a human in 22 seconds with our 24/7 support.