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What is the Axie Infinity (AXS) cryptocurrency and how does it make money for its investors?

Cryptocurrency AXS / Axie Infinity Project and information about it

Axie Infinity Coin (AXS) – is a player-owned and part-operated blockchain-based trading and digital currency, inspired by popular games like Pokémon and Tamagotchi, that allows players to collect, breed, breed, battle and trade currency-based creatures known as Axies.

How do I get the AXIE infinity?
What is AXS AXIE infinity?

Each Axie is a non-fungible token (NFT) with different attributes and strengths, with the winning team gaining more experience points (exp) which are used to upgrade Axie's stats.

The Axie Infinity ecosystem also contains a unique currency known as AXS. They are used to participate in key governance votes and will give owners a say in how the money in the Axie community's treasury is spent.

Recently, Axie Infinity made massive gains while most cryptocurrencies were struggling to resume their bullish trends.

Each Axie is a non-fungible (NFT) token.

It has different attributes and strengths and can be entered into 3v3 battles,

The winning team gains more experience points (exp) which are used to upgrade Axie's stats or improve her body parts. These hubs can be bred together to produce new and unique offspring,

Which can be used or sold in Axie Market.

The Axie Infinity ecosystem also has its own unique governance token, known as Axie Infinity Shards (AXS).

These are used to participate in key governance votes and will give owners a say in how the money in the Axie community treasury is spent.

Axie Infinity (AXS) Coin Founders

Axie Infinity was created in 2018 by Sky Mavis - a tech-focused game developer with a team based primarily in Vietnam. It was co-founded by Trung Nguyen and Alexander Larsen.

Trung Nguyen is the current CEO of the platform. Nguyen graduated with a BA in Computer Software Engineering and worked as a software engineer at Anduin Transactions prior to founding Axie Infinity.

What is AXS AXIE infinity?
What is the Axie Infinity (AXS) cryptocurrency and how does it make money for its investors?

Former competitive player Alexander Larsen is also credited as co-founder and COO of the platform. Larsen has been in the blockchain gaming business since 2017.

He previously worked as the Executive Security Officer at the Norwegian State Security Organization and continues to serve as Board Secretary at the Blockchain Game Alliance.

In total, the Axie Infinity team consists of 25 full-time employees - many of whom have game development experience.

What makes Axie Infinity (AXS) special?

Unlike some blockchain-based fighting and breeding games, each Axie can only be bred seven times to help control the population of Axies (in-game).

Axie Infinity has its own breeding center to help players find a suitable match to breed their Axie for the best chance of producing a rare or powerful offspring that costs 0.005 ETH.

AXS token holders will soon be able to share their coins to receive regular rewards. But unlike some other pinable coins, AXS holders will also need to vote and play to claim their rewards.

Axie Infinity (AXS) is one of the few cryptocurrencies that have seen significant price growth in recent months. Its popularity and high returns made investors wonder if they should buy. Here are some things to know if you are thinking of buying Axie Infinity.

Players in these games earn in-game cryptocurrency tokens, which they can trade on decentralized exchanges, you can't buy Axie from major US exchanges.

According to the Cryptoday newsletter on Substack, the average player can earn around 4,500 SLP per month. At today's prices, that's about $1,500.

There are more than 250,000 active players daily. The game is a waste of time and strategy. Not only do players need to carefully raise their interlocutor to develop certain skills, they also need to complete missions to earn what allows them to engage more.

As a result, some workers in countries like Vietnam and the Philippines are giving up their day jobs to devote themselves to Axie. I have helped a lot of people through the economic crisis associated with the Corona epidemic, although most of them see it as a side job rather than a day job.

Who are the founders of Axie Infinity?

Axie Infinity was created in 2018 by Sky Mavis - a technology-focused game developer with a team based primarily in Vietnam. It was co-founded by Trung Nguyen and Alexander Larsen.

Trung Nguyen is the current CEO of the platform. Nguyen graduated with a BA in Computer Software Engineering, and worked as a software engineer at Anduin Transactions prior to founding Axie Infinity.

Former competitive player Alexander Larsen is also credited as co-founder and COO of the platform. Larsen has been in the blockchain gaming business since 2017.

Where can you buy Axie Infinity (AXS)?

As of mid-November 2020, Axie Infinity (AXS) is only available for trading on one trading platform Binance and is listed with four trading pairs: AXS/USDT, AXS/BTC, AXS/BUSD, and AXS/BNB.

It is noteworthy that the total number of AXS coin is 270 million, all of which are available for circulation.

What makes Axie Infinity so unique?

Each Axie has six out of hundreds of different potential body parts - each with their own battle move.

This therefore results in essentially infinite variety among Axies, with most Axies having relatively poor stats,

Whereas those with the strongest set of body parts can have incredible stats.

Unlike some blockchain-based fighting and breeding games, each Axie can only be bred seven times to help control the population of Axies.

Axie Infinity has its own breeding center to help players find a suitable match to breed their Axie for the best chance of producing rare or powerful offspring.

It costs 0.005 ETH plus Small Potion of Love (SLP) tokens for breeding the axe.

Thus, AXS token holders will soon be able to share their coins to receive regular rewards.

But unlike some other pinable assets, AXS holders will also need to vote and play to claim their rewards.

The price of the AXS coin is now against the dollar

$108.08

axie-infinity

Axie Infinity (AXS)