General Q&A

A non-fungible token (NFT) is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable. NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. Access to any copy of the original file, however, is not restricted to the buyer of the NFT. While copies of these digital items are available for anyone to obtain, NFTs are tracked on blockchains to provide the owner with a proof of ownership that is separate from copyright.

A blockchain is a decentralized, distributed, and oftentimes public, digital ledger consisting of records called blocks that is used to record transactions across many computers so that any involved block cannot be altered retroactively, without the alteration of all subsequent blocks. This allows the participants to verify and audit transactions independently and relatively inexpensively

SLP is an abbreviated name for Smooth Love Potion, a cryptocurrency that can be earned by playing in an NFT game called Axie Infinity. SLP is also needed to breed a new digital pet (Axie). Since the value of SLP fluctuates daily, some traders trade its cryptocurrency daily.

AXS is an abbreviation for Axie Infinity Shards, a cryptocurrency that can be acquired and used in-game with Axie Infinity. Also, as a reward in PvP (Arena), top players can win AXS, so many players are playing to become top players in each season every day. And, AXS is needed for breeders to breed a new digital pet (Axie). As the price of AXS fluctuates daily, many traders trade daily to earn profits.