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Axie Infinity
Rank #89

AXS

Axie Infinity

AXS Price$4.70-0.94%
Market Cap$703.0M
24H Volume$16.8M
Circ Supply149.6M
OverviewAboutTechnicalNews
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AXS Market States

  • Price$4.70
  • 24H Change-0.94%
  • 7 Day Change8.30%
  • 30 Day Change1.09%
  • 1 Year Change-1.01%
  • All-Time High$164.90
  • % From ATH-97.15%
  • ATH Date2021-11-06T19:29:29.482Z
  • Launch DateJan 01, 1970

AXS EXPLORER

Axie Infinity Info

What is Axie Infinity?

Axie Infinity is a blockchain-based online game that allows players to collect, breed, and battle fantasy creatures called Axies. These Axies are non-fungible tokens (NFTs) that can be bought, sold, and traded by players on the marketplace. Each Axie has unique attributes, such as body parts, skills, and appearance, making them one-of-a-kind digital assets in the game.

Players can acquire Axies through various means, such as purchasing them from the marketplace, breeding existing Axies to create new ones, or earning them as rewards for participating in battles and completing quests within the game. As players build their Axie collection, they can form teams to compete against other players in battles that require strategic thinking and skill to emerge victorious. The ultimate goal for many players is to climb the ranks, earn rewards, and potentially generate income through their gameplay in Axie Infinity.

How does Axie Infinity work?

Axie Infinity operates as a blockchain-based online game where players can collect, breed, and trade digital pets known as Axies. These Axies are unique and tradable non-fungible tokens (NFTs) that players can purchase and own on the Axie Infinity marketplace. Each Axie comes with its own set of characteristics, such as appearance, abilities, and genetic traits, making them one-of-a-kind assets within the game.

Players can engage in battles with their Axies against other players or in various in-game challenges to earn rewards and experience points. By strategically forming teams of Axies with complementary skills and attributes, players can increase their chances of winning battles and earning valuable in-game assets. Additionally, players can also participate in activities like breeding Axies to create new and potentially more powerful offspring, adding a layer of complexity and strategy to the gameplay in Axie Infinity.

What is the history of Axie Infinity?

Axie Infinity was founded in 2018 by a Vietnamese development studio known as Sky Mavis. The game was created as a play-to-earn blockchain-based game that allows players to collect, breed, and battle fantasy creatures called Axies. Sky Mavis sought to create a game that not only provided entertainment but also real-world value to its players through the use of blockchain technology and non-fungible tokens (NFTs).

Since its inception, Axie Infinity has seen a surge in popularity, attracting players from around the globe. The game's unique economic model incentivizes players to participate in various activities within the game to earn rewards in the form of cryptocurrency. With a focus on community-driven gameplay and a strong player-centric economy, Axie Infinity has carved a niche for itself in the world of blockchain gaming, paving the way for a new era of play-to-earn games.

What makes Axie Infinity unique?

Axie Infinity stands out in the realm of blockchain games due to its innovative play-to-earn model. Unlike traditional video games where players invest time and money without real-world returns, Axie Infinity allows users to truly own their in-game assets and earn cryptocurrency through gameplay. This unique feature has captured the attention of players worldwide, opening up new opportunities for gamers to monetize their skills and time spent in the virtual world.

Moreover, Axie Infinity's focus on creating a player-driven economy sets it apart from other games in the industry. By allowing users to buy, sell, and trade digital assets within the Axie ecosystem, the game fosters a dynamic marketplace where value is determined by supply and demand. This decentralized approach empowers players to take control of their gaming experience and financial outcomes, creating a sense of ownership and autonomy that is rare in the gaming world.

How can players earn money through Axie Infinity?

Players can earn money through Axie Infinity by participating in various in-game activities such as battles and adventure quests. By winning battles and completing quests, players can earn Smooth Love Potion (SLP) and other valuable tokens that can be exchanged for real money on cryptocurrency exchanges.

Another way for players to earn money in Axie Infinity is by breeding and selling Axies, which are the digital creatures within the game. By carefully breeding and nurturing Axies with desirable traits, players can create unique and highly sought-after Axies that can be sold to other players for a profit. The Axie marketplace provides a platform for players to buy, sell, and trade their Axies, allowing them to generate income through strategic breeding and trading.

Axie Infinity TECHNICAL INFO

  • Block Time0 minutes
  • Hash Algorithm
  • InflationMax Supply (149.6M AXS)
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