Axie Infinity (AXS) is a blockchain-based gaming platform that allows players to collect, breed, and battle digital creatures called Axies.
Founded in 2018 by Sky Mavis, a Vietnam-based game development company, Axie Infinity combines elements of games like Pokémon and Tamagotchi with non-fungible token (NFT) technology.
Main features:
Decentralization: Operates on a global network of computers (blockchain) that records and validates transactions transparently and securely, without a central authority.
Digital ownership: Each Axie is a unique NFT, ensuring exclusive ownership and the ability to trade freely in the market.
Play-to-Earn: Players can earn AXS and Smooth Love Potion (SLP) tokens by participating in battles and other activities within the game.
Utilities:
Payment method: AXS is used to buy, sell, and trade Axies and other assets within the game's ecosystem.
Governance participation: AXS holders can participate in key decisions about the development and future direction of the platform.
Staking: Users can stake their AXS tokens to earn additional rewards and contribute to the security of the network.
Whitepaper:
The original whitepaper of Axie Infinity is available on its official website.
Annual price evolution of Axie Infinity (AXS):
This is a list with the approximate price of AXS at the end of each year since its launch:
2020: $0.54
2021: $93.30
2022: $6.00
2023: $5.59
2024: $5.59 (as of November 23)
* I do not recommend making hasty decisions and valuing the crypto with its ecosystem, as being the token of a game, it is necessary to research the project, the game, and its acceptance and growth before investing *
