How to gain money from Axie Infinity?

Could you please elaborate on how exactly can individuals generate income through Axie Infinity? I'm particularly interested in understanding the various strategies or methods that are typically employed for this purpose. Additionally, are there any specific requirements or prerequisites that need to be met before attempting to earn money from this platform? Also, could you discuss any potential risks or challenges that one might encounter while trying to generate income through Axie Infinity? Thank you for your assistance.