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Axie Infinity, a blockchain-based game, sparked excitement with its play-to-earn (P2E) model, allowing players to earn cryptocurrency. The initial boom attracted many, but as with any speculative market, a bust was inevitable. Factors like high entry costs, changing market dynamics, and regulatory concerns contributed to the downturn. It's a lesson in the volatile nature of P2E and the importance of sustainable models in gaming economies.
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