It is involving, which both satisfy the gamer and earns them AXS tokens. How different is Axie Infinity from other Blockchain tokens?Īxie Infinity is a game where you gain tokens when you go out to hunt. Thanks to these statistics, the token grows and is estimated to triple the sale price in 2022. The total supply into the market is over 270 million. Reputation and Buzz ▪ Reputation rated at 9/10Ĭurrently, the token has over 2.8 million active players globally, which makes the crypto among the top traded. However, most charge as a percentage of the amount, ranging between 1-2.5%. Since it is not regulated, every payment platform has its price as per its terms of service. You must have 3 or more Axies to begin gaming.Ĭonverting the tokens from FIAT currency attracts a cost. High trading cost, especially when converting the FIAT to tokens. Blockchain and NFT's have regulatory issues with most governments. + You can use both mobile and desktop computer interfaces to stake.ĭisadvantages - Your token earnings are limited as you can only gain through gaming. + Runs of the Ethereum blockchain, which is one of the most trusted. + Axie gives room for future improvement, due to the open-end approach. + They are NFT - you can collect, sell and trade the tokens. Holders with the token can influence the Axie community governance and develop the whole ecosystem.Īdvantages of Axie Infinity + It has an engaging format where holders earn through a digital game. Anyone can join, fund, stake, battle it out and grow their AXS tokens. It breaks the monotony of trading blockchain, giving it a new angle. Utility of Axie Infinity?Īnyone can trade and try out the game. Customers can purchase the Axie Infinity tokens from the marketplace and participate in the challenge. The future is digital and token holders stand a chance to maximise on their token as it appreciates. It gives them a say on how the Axie Treasury runs and how it affects the whole ecosystem. Holders of the Axie Infinity tokens play a crucial role in the community’s governance, depending on how many tokens they hold. They are creatures used to battle, build and hunt for treasures (Axies). Battle, collect and earn with Axie Infinity. However, as the concept popularity grows, it spreads out to the world. With at least 3 AXS tokens, one can join in the battle and benefit from its dividends.Īs of September 2021, most Axie Infinity token holders were from South East Asia, especially the Philippines. They modelled it around a battling game, which the gamer invests and earns directly through staking. Sky Mavis Studios from Vietnam are the concept developers of the AXS. It is the measure of value within the Axie community.
AXIE INFINITY REVIEW HOW TO
This article describes the tokens, how and where to buy, and how to benefit from the transaction. Holders of the AXS tokens earn interest when they buy, trade or keep them. It keeps the platform going, binding other Axie components together. AXS is the transaction unit of the Ethereum blockchain.
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