History of Axie Infinity - The Game that revolutionised Play2Earn
Summary
TLDRAxi Infinity, launched in December 2017, is a blockchain-based game that introduces users to the technology in a fun and educational way. It stands out with its 'play-to-earn' model, offering economic rewards that appeal particularly to players in developing countries like the Philippines, Argentina, India, and Venezuela. Since its inception, Axi Infinity has evolved significantly, introducing features like the Ronin network, Mavis Hub, and a staking and DEX platform on the side chain, transforming the gaming experience and expanding its ecosystem.
Takeaways
- 🚀 Axie Infinity was created as an engaging and educational introduction to blockchain technology.
- 🤝 The original team members connected through playing CryptoKitties, marking their first blockchain experience beyond trading.
- 🎮 Axie Infinity stands out from other games by using blockchain to economically incentivize players through a 'play to earn' model.
- 🌍 This model has become particularly popular in developing countries, offering economic opportunities that sometimes surpass real-world options.
- 📅 Development of Axie Infinity began in December 2017, with the team starting to conceptualize gameplay.
- 💰 The Origin Axi pre-sale in February 2018 raised over 900 ETH.
- 🐉 A few months later, the in-house Axie NFT marketplace and breeding system were launched.
- 🛡️ October 2018 saw the release of the first version of the battles, which were idle games with auto-battled Axies.
- 🔄 Since then, Axie Infinity has introduced features like the Ronin network, Mavis Hub, V2 of battles, Ronin migration, and a staking and DEX platform on the side chain.
- 🛤️ The journey of Axie Infinity has been marked by continuous evolution and expansion of its ecosystem.
Q & A
What was the primary purpose of creating Axie Infinity?
-Axie Infinity was built as a fun and educational way to introduce the world to blockchain technology.
How did the original team members of Axie Infinity meet?
-Many of the original team members met while playing CryptoKitties, which was their first experience with blockchain technology beyond trading activities.
What sets Axie Infinity apart from other games?
-Axie Infinity differs from typical games because it leverages blockchain incentives to reward players economically for their contributions to the ecosystem.
What is the 'Play to Earn' mechanism in Axie Infinity?
-The 'Play to Earn' mechanism is a system where players are rewarded with real economic value for their in-game activities, which has become increasingly popular in developing nations.
In which countries has Axie Infinity's economic opportunities been more appealing than real-world options?
-In countries like the Philippines, Argentina, India, and Venezuela, the economic opportunities offered by Axie Infinity sometimes exceed those available in the real world.
When was the development of Axie Infinity initiated?
-The development of Axie Infinity began in December 2017.
When did the Axie Infinity pre-sale start and how much was raised?
-The Axie Infinity pre-sale began in February 2018 and raised more than 900 ETH.
What significant features were released a few months after the pre-sale?
-A few months after the pre-sale, the in-house Axie NFT marketplace and the breeding system were released.
When was the first version of Axie Infinity's battles released?
-The first version of the battles, known as idle games where axes auto-battled, was released in October 2018.
What are some of the other features that have been added to Axie Infinity since its inception?
-Since its inception, Axie Infinity has added features like the Ronin network, Mavis Hub, V2 of battles, Ronin migration, and a staking and DEX platform on the side chain.
How has Axie Infinity evolved over its journey?
-Axie Infinity has evolved significantly since its inception, with numerous updates and feature additions, including the development of its own blockchain network and the expansion of its ecosystem.
Outlines
This section is available to paid users only. Please upgrade to access this part.
Upgrade NowMindmap
This section is available to paid users only. Please upgrade to access this part.
Upgrade NowKeywords
This section is available to paid users only. Please upgrade to access this part.
Upgrade NowHighlights
This section is available to paid users only. Please upgrade to access this part.
Upgrade NowTranscripts
This section is available to paid users only. Please upgrade to access this part.
Upgrade NowBrowse More Related Video
Axie Infinity: Life-Changing or Scam?
Lessons from building a $1 billion market cap blockchain
Play-To-Rice 🍙 AXIE BASIC INCOME?! Play to Earn is back!
Ronin Blasts Through All-Time-High!🚀 INTERVIEW🔥 Sky Mavis
NOVO JOGO BATTLE ROYALE GRÁTIS COM 1 MILHÃO $ DE AIRDROP - TAKEDOWN LEGENDS
TOP 3 Ways How to Earn with Crypto in 2024 | Blum Academy
5.0 / 5 (0 votes)