Does Axie Infinity pay?

Does Axie Infinity really pay? I've heard rumors about people earning significant sums through this crypto game, but is it all hype or is there genuine earning potential? How does the earning system work within the game? Do players actually get rewarded for their efforts, or is it more of a gamble with high risks and uncertain rewards? Is there a proven track record of players successfully cashing out their earnings? And if so, how easy is it to withdraw those funds into real-world currency? I'm curious to know if Axie Infinity offers a viable way to earn money, or if it's just another flash in the pan in the ever-evolving world of cryptocurrency.