AXS is the transaction unit of the Ethereum blockchain. It keeps the platform going, binding other Axie components together. Holders of the AXS tokens earn interest when they buy, trade or keep them. This article describes the tokens, how and where to buy, and how to benefit from the transaction.
A Bit About Axie Infinity
It is the measure of value within the Axie community. Sky Mavis Studios from Vietnam are the concept developers of the AXS. They modelled it around a battling game, which the gamer invests and earns directly through staking. With at least 3 AXS tokens, one can join in the battle and benefit from its dividends. As of September 2021, most Axie Infinity token holders were from South East Asia, especially the Philippines. However, as the concept popularity grows, it spreads out to the world.
A digital nation. Battle, collect and earn with Axie Infinity.CryptoLists.com
They are creatures used to battle, build and hunt for treasures (Axies). Holders of the Axie Infinity tokens play a crucial role in the community’s governance, depending on how many tokens they hold. It gives them a say on how the Axie Treasury runs and how it affects the whole ecosystem. The future is digital and token holders stand a chance to maximise on their token as it appreciates. Customers can purchase the Axie Infinity tokens from the marketplace and participate in the challenge.
Utility of Axie Infinity?
Anyone can trade and try out the game. It breaks the monotony of trading blockchain, giving it a new angle. Anyone can join, fund, stake, battle it out and grow their AXS tokens. Holders with the token can influence the Axie community governance and develop the whole ecosystem.
Axie Infinity Price detailsBEP20 Contract address: 0x715d400f88c167884bbcc41c5fea407ed4d2f8a0
›› Details & Tokenomics
›› AXS tokenomics and social media
Advantages of Axie Infinity+ It has an engaging format where holders earn through a digital game.
+ They are NFT - you can collect, sell and trade the tokens.
+ Axie gives room for future improvement, due to the open-end approach.
+ Runs of the Ethereum blockchain, which is one of the most trusted.
+ You can use both mobile and desktop computer interfaces to stake.
Disadvantages- Your token earnings are limited as you can only gain through gaming.
- Blockchain and NFT's have regulatory issues with most governments.
- High trading cost, especially when converting the FIAT to tokens.
- You must have 3 or more Axies to begin gaming.
- Still rather new in the crypto market.
Costs▪ Rated at 8/10
Converting the tokens from FIAT currency attracts a cost. Since it is not regulated, every payment platform has its price as per its terms of service. However, most charge as a percentage of the amount, ranging between 1-2.5%.
Reputation and Buzz▪ Reputation rated at 9/10
▪ Buzz rated at 10/10
Currently, the token has over 2.8 million active players globally, which makes the crypto among the top traded. The total supply into the market is over 270 million. Thanks to these statistics, the token grows and is estimated to triple the sale price in 2022.
How do I get Axie?
You can get it at the Axie Marketplace.
How different is Axie Infinity from other Blockchain tokens?
Axie Infinity is a game where you gain tokens when you go out to hunt. It is involving, which both satisfy the gamer and earns them AXS tokens.
What are the Benefits of Holding the tokens?
You take part in the running of the community based on your stake.
Screenshots from Axie Infinity
More sites where to buy/sell/trade Axie InfinityBelow you can see some other platforms, exchanges and/or brokers where you can buy, sell or trade this coin/token. Click on the logo to read our review.
Axie Infinity details and tokenomics
ERC20 Contract address: 0xbb0e17ef65f82ab018d8edd776e8dd940327b28b
SOL Contract address: HysWcbHiYY9888pHbaqhwLYZQeZrcQMXKQWRqS7zcPK5