Is Axie Infinity a scam?
It's a sham game. It's also known as a Ponzi Scheme or an investment fraud. Get new players invested first to make money. This strategy will fail if fresh players do not arrive. At all costs, avoid it.
The pay-to-win and earn-to-play blockchain game requires money to obtain an advantage. Current players receive SLP and AXS crypto tokens for their platform contributions. These incentives came from fresh player investment.
My Axie Infinity Review
Participants in the play-to-earn feature just participate for fun. Remove those two items and this Ponzi scheme will survive. The aesthetics are as bad as the gameplay.
SEC reports that Sky Mavis and Axie Infinity are not registered corporations in the Philippines.
This is a get-rich-quick scheme.