What is Axie Infinity?
Axie Infinity is one of the leading initiatives, along with Cryptokitties, that actively promotes blockchain-based games in the real world. Platform gained attention as it began breeding virtual pets to generate passive income using in-game tokens. Project is nothing more than an NFT game created on the Ethereum blockchain and motivated by the Pokemon and Tamagotchi concepts.
Since its founding by Vietnam-based startup Sky Mavis in 2018, Axie Infinity has attracted a sizable following. As one of the most popular decentralised Ethereum games, this one is consistently witnessing user growth. As of this writing, Axe Infinity is the fourth-largest gaming platform built on a decentralised network. In all supported operating systems, Axie recently reached a milestone of 100,000 users.
Since Axis Infinity stated, “we generate economic independence for gamers,” this is true as games provide users with several opportunities to make money. The creatures in the games will be referred to as Axies, and they will come in a variety of cute varieties with a variety of abilities. The player can own and construct a land-based kingdom for pets as well as gather, raise, combat, and breed Axies. Therefore, each player will have their own area in the kingdom that is based on the Pokemon video game, where art resources and axie genetic data are available to the community, luring tool developers to create their own software.
Axie Infinity Price Prediction
|Month & Year||AXS Price Prediction|
Axie Infinity Overview
|Project name||Axie Infinity|
|Based on||Blockchain Game|
|Exchange Platform||Uniswap, Binance, Huobi Global, CoinDCX, FTX, SushiSwap, Lbank, MXC, Gate|
AXS ICO Overview
|Platform used||Binance Launchpad|
|Raised by||$2970000 USD|
|Date of ICO||4th November 2020|
|ICO Price||$0.1 USD|
|Partners||Chainlink, MakerDAO, Klaytn, Samsung, Aave, Digix, The Sandbox,|
AXS Price Analysis
The ERC-20 standard token known as AXS, or Axie Infinity Shards, is built on the Ethereum Blockchain. As a BNB holder receives a ticket to buy AXS at the price of $0.1 USD token sale price, AXS token is given to user on Binance Launchpad. Given the current pricing, AXS early investors have already earned returns that are over 100 times the token sale price. As the AXS Token has many uses, including game play and involvement in governance, it can be staked to earn rewards. Through user-generated initiatives, player earnings will be paid out in AXS token for participating in games.
AXS’s story began with its Binance listing, which came after much struggle on the part of other projects owing to poor volume. Being the 17th launchpad project on Binance, AXS can reach one million traders.
Axie Infinity was created by a team of game developers from Sky Mavis Technology after they took inspiration from several different existing games. NFT, or Non-Fungible Token, is the original digital collectible, and in 2021, NFT-based games will enjoy tremendous popularity thanks to the expanding Defi market. Axie Infinity is a well-known game where thousands of players actively develop their own kingdoms and take care of adorable creatures. As Axie reminds us of Pokemon and different pets have unique talents and abilities, we are aware that many 90’s kids have always wanted to acquire a Pokemon. Battles, breeding, and other in-game activities become a huge source of interest for players outside the blockchain community.