Axie as a product isn't even remotely decentralized, as far as I can understand (though I haven't tried to really pull it apart or anything, though I did spend way too long researching it a couple months ago): the majority of its product is a centralized gaming server that uses classic cheat-protection and rate limiting strategies, along with a game client that they require you to be using--they even ban bots! think: how can a decentralized game ban bots?!--which is important as it is effectively centrally minting its SLP token (by way of how that token comes from points you earn in the game from game play; this "should"--if it were actually decentralized--result in everyone using bots to play each other constantly for maximum SLP earning, instead of hiring people in the Philippines to play your characters for you). One would do better to ask "in what ways is Axie Infinity even a blockchain project?", as I feel like the answers are mostly going to suck.
