How does Axie Infinity make money?

Axie Infinity makes money from in-game purchases and breeding fees. Here is a closer at how Axie Infinity makes money:

• In-game purchases. Axie Infinity generates revenue from in-game purchases. Purchases from the game include items like land and NFT monsters. Axie Infinity takes 4.25% of each purchase.

  Sometimes this can bring in significant profit. For example, in February 2021, nine pieces of land in the game sold for around $1.5 million.

• Breeding fees. Breeding fees are related to the video game and occur when an Axie Infinity user wants to create or breed a new NFT monster. These fees are paid with Smooth Love Potion (SLP) or AXS, the game governance digital token. Breeding fees are shared with the developers and the owners of AXS.