This Trend in Axie Infinity Raises ‘Sustainability Concerns’ Despite Strong Growth
cryptonews.comMany new players of the popular play-to-earn game Axie Infinity (AXS) join not through the standard procedure of buying the Axies they need in order to play, but instead by borrowing them from existing users, helping “the rich get richer” within the game, a new research claims.
Likely due to the currently high prices, “not many players are buying or breeding Axies which raises sustainability concerns,” according to the research from the multi-blockchain API provider Covalent.
Axies are characters that originally had to be purchased as non-fungible tokens (NFTs) in order to start playing Axie Infinity. New players were required to buy at least three Axies, while existing players are rewarded for breeding new Axies.
With increasing prices of the
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