Get to know Axie Infinity, uses and prediction for 2024
AXS the governance token of the Axie Infinity blockchain game. Players can earn AXS through various methods, such as playing battles, completing missions, and participating in special events. AXS can be used to vote on in-game decisions, purchase virtual lands in the Axie Infinity universe, and breed Axies, which are collectible digital creatures used in the game.Uses of AXS:Governance: AXS holders can vote on game decisions such as new features, updates, and rule changes.
BRC-20 tokens are a new way to create tokens on the Bitcoin network. They are similar to Ethereum's ERC-20 tokens, but have some important differences. Firstly, BRC-20 tokens are created using the Ordinals protocol, which allows arbitrary data to be written to the Bitcoin blockchain. This means that BRC-20 tokens can represent any type of value, such as money, goods, services, or even data. Secondly, BRC-20 tokens are fungible, meaning they are interchangeable with each other. This makes them ideal for use in applications such as decentralized finance (DeFi), where users need to exchange tokens frequently.
What is the Bitcoin Halving and when will the next one be?
The Bitcoin halving is a scheduled event that occurs approximately every four years. During the halving, the reward that Bitcoin miners receive for validating and adding new blocks to the blockchain is reduced by half. This has the effect of limiting the supply of new bitcoins entering circulation.The last Bitcoin halving occurred in May 2020, when the block reward was reduced from 12.5 to 6.25 bitcoins. The next halving is scheduled for April 2024, at which time the reward will be reduced to 3,125 bitcoins per block.
The trend that I liked the most is the market recovery and the possibility of a bull market over the next year.
In addition, the massive influx of capital thanks to the approval of ETFs and the greater adoption in many technology sectors such as blockchain.
Everyone to their positions!!
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