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Fears of scam have surged as Axie Infinity craze has exploded in Philippines. Detractors warn the game is a "house of cards", some likening it to a fraud scheme driven by hype and speculation. The NFT-based online video game developed by Vietnamese studio Sky Mavis is known for its in-game economy which uses Ethereum-based cryptocurrencies. Under the financial model of P2E (play to earn), Axie Infinity became the biggest winner in the field of blockchain games in the last few months. 

Republic ofMark cubanJonathan teplitskyAxie infinitySky mavisHorizen labsSky mavisMark cubanTechnology newsIonews com