Axie Infinity is an NFT-based blockchain game filled with creatures, called Axies, that players can collect. The game allows players to battle, breed, collect, raise, and build kingdoms for their Axies.
NFTs are a diverse asset class, and particularly challenging to value. There are many ways to purchase and trade NFTs. Most NFTs are sold on specialized NFT marketplaces.
In their most basic form, NFTs are smart contracts on a public blockchain. But how do they work? And why are some of them worth millions of dollars?
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