What is Axie Infinity (AXS)?

axie

Talking about Axie Infinity might not sound like an appealing investment to you, mainly because it features colourful digital pets attacking each other and running away. It’s a play-to-earn game where all players involved are rewarded with crypto whenever a battle with a lively cartoon monster is won. You might like to keep it to yourself, but AXIE Infinity Crypto is a fun crypto character and it includes both benefits. The crypto has become quite popular over the years with Axie reaching an all-time high of over USD 90 in 2021. With cryptorobo, you can buy and sell cryptocurrencies.

Here’s a lot you need to know about AXIE Infinity:

What is Axie Infinity?

Axie Infinity was introduced to the world as a blockchain, which has become the most fun and educational way. It was started as such, and since then it has amassed a lot of users. Currently, the AXS token is ranked 42nd on CoinMarketCap. Axie is inspired by Pokemon and created by Non-Fungible Tokens (NFT) game Sky Mavis; a game studio based in Vietnam. The game studio was founded by Trung Nguyen, and has seen a valuation of just under $3 billion as it has so far raised $152 million from investors in Series B funding. Also, this is by no means the only way Sky Mavis is attracting investment. American entrepreneur Mark Cuban contributed when its first round of funding reached $7.5m.

Where does AXS come in?

The game uses two different currencies to reward associated players as they battle: Smooth Love Potion (SLP) and Axie Infinity Shards (AXS). In which AXS is considered the main one, let us first try to know about it briefly:

One of the biggest highlights of AXS is that if you don’t like playing the game, you can switch it up at any time. You can easily buy it anytime; its price is seen to be like other cryptocurrencies. As for its price, it is listed on both CoinMarketCap and Coin gecko, so you can easily track its activity then.

How Does Axie Infinity Work?

A crypto dream game in which individuals bring in great cash from playing sounds unrealistic right? Be that as it may, it’s valid and this is the carefully guarded secret: Every individual has a group of three imaginary creatures called Axie Infinity. They seem to be little pokemon and you can utilize them to fight other players’ Axis or irregular ones created by the game. If you are thinking about this, Axie might prove to be a good look.

Each Axie is an NFT, and that implies that it is exceptional and no two are similar. It additionally implies that everyone has various properties that give it esteem and assuming it has esteem, it very well may be sold. The incredible piece of this is that there are more than 18 million dynamic month-to-month players on the platform. Simply require a moment to envision that. 18 million individuals fighting each other day to day and procuring genuine crypto that they can spend.

Can Axie Infinity make money?

We all know that time will be difficult to sit and play fantasy games every day, so today we will know how you can earn money from Axie infinity, it is the easiest way to earn money. You can earn money by buying or holding the AXS when the price is high. If you are a Gamelord or you want to make money through AXS, you can try some of the below:

  • Buy Axie when you start the game and then sell them for a higher price.
  • If you win the battle in the Axie infinity game. If you’re not ready to take the risk when you get to First Axis, some scholarships are sponsoring people who got into the sport.

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.