The Best Crypto Exchanges to buy and hold Axie Infinity (AXS)

The Best Exchanges to buy and hold Axie Infinity (AXS)?

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Blockchain-based games can disrupt the gaming industry by targeting ambiguity and centralization issues. This technology allows game developers to link in-game items to the blockchain, giving gamers unique ownership and preventing account hijacking. As the online community becomes more and more interested in blockchain gaming, developers are offering opportunities for more than just a fun experience. We also want to give players the potential to earn income.

The most successful blockchain-based game to date is Axie Infinity, which allows users to earn cryptocurrency income while holding in-game items as NFTs.

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What is Axie Infinity?

Axie Infinity, developed in 2018 by Sky Mavis, is an NFT-based gaming platform inspired by Pokemon, where users can earn tokens through gameplay and contributions to the ecosystem. Game mechanics revolve around raising, betting, and collecting digital pets called Axies. Since these Axies are designed as non-fungible tokens, each Axies has its own unique value in the game and cannot be directly exchanged for another Axie. To join the game, new players must purchase or borrow at least three Axies. Individual Axie prices currently range from $70 to over $100,000, with some of the rarest axie prices listed at 5,000 ETH.

Axie Infinity is currently ranked as the #1 game on the Ethereum blockchain based on the number of active users. The game has generated more than 90,000 Ethereum (ETH) to date and has a monthly trading volume of 170 million USD. In addition, as users can be rewarded with cryptocurrency, Exi Infinity has taken into account the characteristics of social networks and work platforms.

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Axie – Small and cute NFT

Axie is a pet-like creature that gamers can collect, nurture, and battle within the Axie universe. Each Axie has different characteristics that define its role in the game. It has four key characteristics: health, motivation, skill, and speed. These characteristics are important during combat as they determine the level of damage each Axie can withstand.

Axies are categorized by rank. There are 6 normal grades (aquatic, beast, bird, insect, plant or reptile) and 3 secret grades (Dawn, Twilight, Mecca). Like Pokémon, certain ranks are more effective in combat against other ranks. Axie’s rank also affects four traits.

Besides, each Axie is made up of six body parts: back, ears, mouth, horns, eyes and tail. In addition to affecting the visuals, many of these parts also affect gameplay as many of them have combat abilities associated with them.

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What can you do with the Axie Infinity?

Axie provides an immersive gaming experience while allowing players to monetize a variety of in-game activities. Current players can interact with the game in the following ways:

Combat:

The Combat System is the first protocol released by the Axie team. System mechanics are inspired by games like “dle Heroes” and “Final Fantasy Tactics”. A turn-based card game system in which players strategically evaluate which Axies and must move to reach the top. Experienced players should keep their Axies ranks and traits in mind when calculating the actions to take during a turn. Winning battles with other players will earn you rewards such as Smooth Love Potions (SLP), ERC-20 tokens used to breed new Axies.

Breeding:

Exi Infinity allows gamers to breed in- game pets to create new offspring. In this way, the Axie population will continue to evolve like animals in nature. Players can breed their two Axies together, or they can pay to date another player’s Axies. Breeding requires players to spend some SLP as well as Exi Infinity’s native token called AXS. Whenever you breed an Axie, the cost of breeding the same Axie doubles. Besides, one Axie can breed 7 times.

Land Plot:

The game takes place in a fantasy place called Lunasia. The in-game world is divided into tokenized lands that can be upgraded using the various resources available in the game. Currently, Lunasia consists of 90,601 lands, each representing a non-fungible token that players can trade with each other. The platform is also developing the Lunacia SDK, a map editor to help users create new in-game experiences.

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How can I make money with Axie Infinite?

AXS, the governance token that fuels the Axie universe.

Acquire AXS

AXS, short for Axie Infinity Shards, is an ERC-20 token created exclusively to match incentives between Axie Infinity developers and players. Users can earn AXS by playing various games within the Axi Infinity ecosystem and submitting user-generated content to sponsored initiatives. AXS can be used to participate in key governance votes.

AXS bet

Token holders can also place AXS bets to receive both staking and financial returns. The token was developed in collaboration with Delphi Digital, and here is a quick guide explaining the rewards stakers can expect. Due to the recent surge in popularity of Axie Infinity, the value of the AXS token has risen nearly tenfold compared to three months ago. Axie Infinity is now the world’s largest gaming-related cryptocurrency.

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What is the future of Axie Infinity?

Due to the recent surge in popularity of Axie Infinity, the value of the AXS token has increased nearly tenfold compared to three months ago. Xinfinity is currently the largest gaming-related cryptocurrency in the world.

Axie Infinity paved the way for blockchain adoption in the gaming industry. This improves transparency, decentralization and player ownership. After the platform introduced real-time revenue to the game, some players made the game full-time. In the Philippines, where the game is so popular, some players have claimed that the proceeds from Exi Infinite can be used to buy real land and houses. However, the game is still in its infancy, and most of the AXS tokens remain in the hands of the developer team. As Exi Infinity gradually evolves into a more decentralized, community-based platform through the distribution of AXS, its global popularity may increase.

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