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Million dollar pyramid game online12/27/2022 Since NFTs are very expensive and inaccessible, a common behavior seen within the game is for a user holding several Axies to lend them to different people to perform activities to improve their monster, which is then resold for a higher price and the participants who did all the work earn a small share of the profits. Do you have PowerPoint slides to share If so, share your PPT presentation slides online with. While many are enthusiastic about the innovative system that allows players to actually generate income while playing, others believe that Axie Infinity allows for the creation of a kind of pyramid system. The PowerPoint PPT presentation: '25,000 Pyramid Game' is the property of its rightful owner. Game is accused of allowing pyramid scheme The most expensive little monster was called “Sir Gregory,” which sold for $814,000 in July. ![]() However, the prices of the cheapest Axies are quite salty, at no less than $60 and generally in excess of hundreds of dollars. Players need to buy or borrow at least three Axies, which are monsters that can be used to fight other players or teams, perform tasks and more. The game’s popularity soared, especially in the Philippines and Vietnam, but it’s not that simple to start playing. Axies are expensive and can be worth thousands of dollarsĪxies Marketplace (Image: Reproduction/ Axie Infinity) Even though it has existed for three years, its biggest period of growth was in the last 30 days, which have already accumulated 1.4 million transactions and US$ 780 million traded. The game also has around 1 million active users daily worldwide.ĭeveloped by Sky Mavis, a Vietnamese game studio, Axie Infinity is not a new game. There are also nearly 1 million native Axie Infinity NFT owners now, as these little monsters can be traded on and off the platform, gifted and borrowed. In total, 2.6 million transactions were carried out by 340,000 in-game buyers. Thus, Axie Infinity stands out as the largest NFT project in this market, having so far moved US $1.126 billion with its virtual products, as shown by data from the monitoring site CryptoSlam. With that, in a matter of months, this market grew to the point of registering an impressive US$ 2.5 billion in transactions in the first half of 2021. Axie Infinity is the most valuable NFT project on the market ![]() However, the blockchain business model has expanded to several markets, appealing mainly to collectability, exclusivity and authenticity guaranteed by cryptography. These are creatures that players can also acquire, train, use to complete challenges and battle online, similar to Pokémon and Neopets.Īs the popularity of NFTs soared in 2021, we saw non-fungible tokens being auctioned for tens of millions of dollars, as was the case for a digital work by artist Beeple, which sold for $69 million in March. Like all in-game coins, they can be used to buy land, farm or raise Axies. Axie Infinity, promotional banner (Image: Disclosure)Īxie is a game similar to Pokémon, but it has its own virtual economy that works through tokens like Smooth Love Potion (SLP) and Axie Infinity Shard (AXS).
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