What is the Land system in Axie Infinity and how does it work?
The Land system in Axie Infinity is a blockchain-based virtual world where players can own, explore, and build on virtual land.
Players can purchase land parcels using the in-game currency, AXS (Axie Infinity Shards). Each parcel of land is represented by a non-fungible token (NFT) on the Ethereum blockchain. Players can use their land to build their own virtual worlds and experiences.
They can also earn rewards from their land by playing games, hosting tournaments, or running other activities. The rewards are paid out in AXS and other tokens. The Land system also allows players to trade their land parcels with each other.
This creates an open market for buying and selling virtual real estate. Players can also rent out their land to other players for a fee. The Land system is an important part of the Axie Infinity ecosystem as it provides a way for players to monetize their gameplay and create unique experiences for others to enjoy.
It also helps drive adoption of the game as more people are attracted to the potential of owning and trading virtual real estate.