Axie's token trouble
The rewards for playing a high-flying crypto video game are in decline. Should blockchain bulls be worried?
Today I present another installment in our occasional series, Bad News for Crypto.
In October I wrote here about Axie Infinity, a kind of Pokémon-on-the-blockchain video game from developer Sky Mavis. As with Pokémon, the basic idea in Axie is to collect virtual monsters and then battle them against one another. The twist is that in Axie e…