At the core of the Play to Earn structure is the significant re-investment of the game’s revenue into user activities. For Axie this reinvestment is about 95%. Alongside this reinvestment strategy the majority of key products required for gameplay are obtainable as in-game rewards or rewards for other participation, rather than the traditional model of selling game items.
Core game items earned by players are exchanged directly via a peer-to-peer (C2C) market or indirectly for game tokens. These game tokens can be exchanged for other cryptocurrencies on Decentralized Exchanges (DEX) or Centralized Exchanges (CEX). Under this new item acquisition method platform and game developers generate revenue via transaction fees incurred during each sale.