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Crypto Gaming Landlords Mad Players They Exploited Now Quitting

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Whimsical creatures battle to prove their intrinsic worth.

Image: Sky Mavis

Axie Infinity is the crypto-backed Pokémon clone in which cute little creatures that double as NFTs battle for fun and profit. It’s also a pyramid scheme that relies on cheap labor from countries like the Philippines to fuel its growth. Now, fictional inflation, combined with a historic crypto heist allegedly committed by North Korea, have plunged the Axie economy into chaos, and its high rollers are freaking out as the ones below them bail on the scam.

Like all things crypto, the story of Axie Infinity is at once very complicated and incredibly simple. Developed by Sky Mavis, the game revolves around collecting, breeding, and battling cartoon characters called Axies, which are NFTs that exist on the Ethereum blockchain. Players can use their Axies to farm a currency called Smooth Love Potion (SLP) which is used to breed and create more Axies. Both the Axies and SLP can be sold on the open market for real money.

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