NFTs and virtual digital assets
A vision of the metaverse
3 Axie Infinity incorporates the playable characters themselves as digital assets to be purchased as NFTs. These characters can be purchased and traded on Axie’s owned and controlled marketplace with cryptocurrency earned as progression-based rewards. Cryptocurrencies can in turn be used for multiplying or ‘breed- ing’ these playable characters into new character NFTs or traded on crypto exchanges in return for real-world fiat currencies.
52 • IMGL Magazine • April 2022
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