AXIE INFINITY LOGO ANDROID
Once you have them you can download the application for Windows, iOS, or Android and start playing. Newcomers must buy at least three Axies via the Ronin wallet to join the game. Then it is necessary to download the Ronin wallet and deposit ETH using the Ronin bridge. To play the game and store tokens, you must have a digital wallet like MetaMask with some ETH on it. It differs from traditional games by its blockchain economic design used to reward players for their skills and contribution to the ecosystem.
The treasury accumulates revenues generated by Axie Infinity and portions of staking rewards.Īxie Infinity has implemented a new game model called "play to earn". They and those participating in in-game quests are rewarded with governance rights and can decide which teams will be funded from the ecosystem fund, and how the Community treasury funds are spent. Additionally, they can be exchanged for fiat cash with the corresponding ETH value.ĪXS holders can stake their tokens to receive newly created AXS through the staking dashboard. However, in these quests, the winner does not receive everything, each player is rewarded depending on their efforts and skills.ĪXS tokens can be bought on a variety of cryptocurrency exchanges including Binance, Upbit, DigiFinex, Huobi Global, ZT, Pionex, and Bilaxy. Starting from 2021 users can earn AXS by playing, competing in PVP battles, breeding Axies and selling them on the marketplace, collecting and speculating on rare Axies, and farming for the love potions that are needed to breed Axies. The rest of the coins will be unlocked in accordance with a 65-month schedule. The initial circulating supply of AXS is 22.22% of the total amount. The coins are allocated in the following way: 29% is spent on staking rewards, 21% goes to the Sky Mavis team, 20% is assigned for rewards in the play-to-earn model, 11% was distributed through the public sale, 8% is left in the ecosystem fund, 7% is paid to advisors, and 4% was sold via private sale. The maximum supply of AXS is capped at 270 million tokens. AXS is an acronym for ‘Axie Infinity Shards’. AXS is an ERC-20 governance token launched through a sale on Binance in November 2020. In 2020 land and items and later Axies migrated to Ronin, a wallet and an Ethereum sidechain built by Sky Mavis specifically for blockchain games.ĪXS is the native token of the Axie Infinity ecosystem. In March 2018, the in-house Axie-NFT marketplace was released. The origin Axie presale was held in February 2018 raising 900 ETH. They are also non-fungible tokens (NFTs) with different attributes meaning that each of the over 1 million Axie NFTs is unique. To provide security the company’s AXS and SLP ERC-20 contract has been audited by Quantstamp.Īxies are animated fantasy creatures each having a unique form, set of skills and powers, which players can buy and treat as pets. The final purpose of the Axie team is to create an application connecting players with the entire Axie Infinity universe.Īll of Axie's artistic assets and genetic data can be accessed by external third parties, allowing community developers to create their own tools, artworks, characters, and experiences in the Axie Infinity universe. This is planned to be achieved by distributing AXS (the game token) among players and stakers decreasing the Sky Mavis ownership concentration over time. The game is intended to become a fully decentralized platform governed by the community. Its goal is to introduce blockchain technology to the world in a fun way. The game is available for all devices on Windows, Mac, iOS, and Android platforms and allows participants to earn tokens through skillful gameplay and contributions to the ecosystem.Īxie Infinity is a new type of game where users and the team are coworking to develop the network. It is being developed by Sky Mavis, a technology-focused game studio founded in early 2018 and headquartered in Ho Chi Minh City, Vietnam. Axie Infinity is a Pokémon-style blockchain game with more than 250,000 daily active players.