Axie Infinity is a popular NFT-based online video game created by Sky Mavis and developed on the Ethereum blockchain. The game is said to be inspired by Pokemon and makes players purchase, raise, battle, and trade NFTs based on digital pets known as Axies. The leading play-to-earn offering enjoys phenomenal success worldwide, especially in emerging markets, giving its players a passive income generation opportunity.
Axie Infinity employs two tokens - Axie Infinity Shard (AXS) and Smooth Love Potion (SLP) within its gaming ecosystem. AXS serves as a governance token while players earn SLP as they play and can spend them to generate new in-game Axie NFTs.