What is Axie Infinity?
Axie Infinity is a blockchain-based gaming metaverse centered on Axies, digital collectible pets and battle elements. It's a play-to-earn crypto built on the Ethereum network, allowing players to earn the Axie Infinity Shard token (AXS) and the other in-game token, Smooth Love Potion (SLP) in several ways. Axie Infinity is a popular Web 3 cryptocurrency game developed by Vietnamese studio Sky Mavis, described as a more complex version of Pokémon built on the blockchain.
Axie Infinity goals
Axie Infinity's mission is to bring blockchain technology to the masses in a fun way. The project aims to provide a gaming experience where players can collect, breed, and battle unique digital pets, known as Axies. The potential use cases and applications of the technology include creating a new type of gaming experience that combines blockchain technology with traditional gaming elements.
Axie Infinity fondamentals
Axie Infinity has a total supply of tokens. The market cap of Axie Infinity is $1413310692. The token distribution plan includes staking, which allows token owners to tie up their coins for a set amount of time and earn interest. There are two main tokens in the game: Axie Infinity Shards (AXS) and Smooth Love Potions (SLP).
Marketcap
$1.413B
Total number of Axie Infinity
270000000 AXS
Axie Infinity technology
Axie Infinity's technology is built on the Ethereum network, using smart contracts to facilitate gameplay and token transactions. The project also uses a sidechain, Ronin Network, to increase scalability and reduce transaction costs.
Axie Infinity competitors
Axie Infinity differentiates itself from competitors by providing a unique gaming experience that combines blockchain technology with traditional gaming elements. The project's competitive advantages include its play-to-earn model, which allows players to earn tokens by playing the game. Axie Infinity compares to competitors in the market by providing a more complex and engaging gaming experience.
Axie Infinity price history
Frequently asked questions
Axie Infinity is a blockchain-based gaming metaverse centered on Axies, digital collectible pets and battle elements.
Axie Infinity is a play-to-earn crypto built on the Ethereum network, allowing players to earn the Axie Infinity Shard token (AXS) and the other in-game token, Smooth Love Potion (SLP) in several ways.
Axie Infinity's mission is to bring blockchain technology to the masses in a fun way.
Axies are digital collectible pets and battle elements in the Axie Infinity game.
Players can earn tokens by playing the game, breeding, and battling Axies.
The Ronin Network is a sidechain used by Axie Infinity to increase scalability and reduce transaction costs.
Yes, Axie Infinity is a blockchain-based gaming metaverse.
The AXS token is the governance token of Axie Infinity, allowing holders to vote on various aspects within the Axie Infinity universe.
The SLP token is the in-game token of Axie Infinity, used for breeding and battling Axies.
Yes, AXS token holders can stake their tokens to earn interest and participate in governance decisions.
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