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		<title>What Is Axie Infinity (AXS) ?</title>
		<link>https://coinengineer.net/blog/what-is-axie-infinity-axs/</link>
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		<dc:creator><![CDATA[Yunus Taşlı]]></dc:creator>
		<pubDate>Fri, 11 Aug 2023 13:00:13 +0000</pubDate>
				<category><![CDATA[Altcoin Projects]]></category>
		<category><![CDATA[Project review]]></category>
		<category><![CDATA[axie infinity]]></category>
		<category><![CDATA[axie infinity marketplace]]></category>
		<category><![CDATA[axie infinity news]]></category>
		<category><![CDATA[axie infinity price]]></category>
		<category><![CDATA[axies]]></category>
		<category><![CDATA[cryptocurrency]]></category>
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		<category><![CDATA[gameFi]]></category>
		<category><![CDATA[how to play axie infinity]]></category>
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		<category><![CDATA[What is axie infinity]]></category>
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					<description><![CDATA[<p>Axie Infinity is an online video game that was created by Sky Mavis and built on NFT (non-fungible token) technology. It draws inspiration from the Pokémon game series. The popular Pokémon video game series served as inspiration for the blockchain game Axie Infinity. During the game, players can acquire tokens through various means. Since 2017,</p>
<p>The post <a href="https://coinengineer.net/blog/what-is-axie-infinity-axs/">What Is Axie Infinity (AXS) ?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Axie Infinity</strong> is an online video game that was created by <strong>Sky Mavis</strong> and built on NFT (non-fungible token) technology. It draws inspiration from the Pokémon game series.</p>
<p><span data-c>The popular Pokémon video game series served as inspiration for the blockchain game Axie Infinity. During the game, players can acquire tokens through various means.</span> <span data-c>Since 2017, online games based on NFTs have gained increasing popularity. Axie Infinity enables players to acquire, breed, combat, and trade digital creatures called <strong>Axies</strong> in a manner reminiscent of games like <strong>CryptoKitties</strong>.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<blockquote><p>You might like it:<strong> <a href="https://coinengineer.net/blog/what-are-cryptocurrency-etfs/" target="_blank" rel="noopener">What Are Cryptocurrency ETFs?</a></strong></p></blockquote>
<p><span data-c><strong>Axie Infinity</strong> features unique Axies, which are NFTs that players can breed to produce offspring or trade on the in-game Axie marketplace. In addition to breeding and trading Axies in Axie Infinity, players can also earn income in the form of two <strong>ERC-20 tokens</strong>: Axie Infinity Shards (AXS) and <strong>Smooth Love Potions</strong> (SLP).</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p><span data-c>AXS serves as the primary governance mechanism of Axie Infinity, allowing players to have an impact on the platform&#8217;s development.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p><img fetchpriority="high" decoding="async" class="wp-image-1847 aligncenter" src="https://coinengineer.net/blog/wp-content/uploads/2023/07/What-is-Axie-Infinity-300x169.jpg" alt="What is axie infinity" width="707" height="398" srcset="https://coinengineer.net/blog/wp-content/uploads/2023/07/What-is-Axie-Infinity-300x169.jpg 300w, https://coinengineer.net/blog/wp-content/uploads/2023/07/What-is-Axie-Infinity-1024x576.jpg 1024w, https://coinengineer.net/blog/wp-content/uploads/2023/07/What-is-Axie-Infinity-768x432.jpg 768w, https://coinengineer.net/blog/wp-content/uploads/2023/07/What-is-Axie-Infinity-1536x864.jpg 1536w, https://coinengineer.net/blog/wp-content/uploads/2023/07/What-is-Axie-Infinity.jpg 1920w" sizes="(max-width: 707px) 100vw, 707px" /></p>
<p><span data-c>On the other hand, <strong>SLP</strong> is earned by playing Axie Infinity and can be used to breed new Axies, which can then be traded in-game for AXS. In this manner, investors who do not wish to play Axie Infinity also can buy and sell both tokens on decentralized cryptocurrency exchanges (DEX).</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p><span data-c>In addition to these core functionalities, the developers of Axie Infinity have created new game areas by opening up certain aspects of the Axie universe to community developers.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p>With this intention in mind, they aim to foster communities of players who actively contribute to the game universe. This also includes not only earning tokens but also actively participating in shaping the future development of Axie Infinity.</p>
<h2>What Makes the Axie Infinity Unique?</h2>
<p>Axie Infinity places a significant emphasis on fostering a player community, so this commitment is a key feature of the game. Players actively contribute to shaping the player-driven universe by engaging in the game&#8217;s governance and generating their own content.</p>
<p>Through the &#8220;<strong>play-to-earn</strong>&#8221; functionality, which is based on the AXS token, so this involvement is becoming more and more included in the game.</p>
<p><span data-c>Within this decentralized framework, also a Community Treasury accumulates revenue from Axie Infinity and <strong>staking</strong> rewards players earn.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p>Once game governance fully decentralizes, players will actively influence the utilization of Community Treasury funds.</p>
<h3><span style="font-size: 120%;"><strong>Axie Infinity Team</strong></span></h3>
<p>⋅ <span class="TextRun SCXW178396813 BCX0" lang="TR-TR" xml:lang="TR-TR" data-c><span class="NormalTextRun SpellingErrorV2Themed SCXW178396813 BCX0">Trung</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW178396813 BCX0">Thanh</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW178396813 BCX0">Nguyen</span><span class="NormalTextRun SCXW178396813 BCX0"> – CEO</span></span><span class="EOP SCXW178396813 BCX0" data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p>⋅ <span class="TextRun SCXW17716952 BCX0" lang="TR-TR" xml:lang="TR-TR" data-c><span class="NormalTextRun SCXW17716952 BCX0">Aleksander Leonard </span><span class="NormalTextRun SCXW17716952 BCX0">Larsen –</span> <span class="NormalTextRun SCXW17716952 BCX0">COO</span></span><span class="EOP SCXW17716952 BCX0" data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p>⋅ <span class="TextRun SCXW72660026 BCX0" lang="TR-TR" xml:lang="TR-TR" data-c><span class="NormalTextRun SCXW72660026 BCX0">Tu </span><span class="NormalTextRun SpellingErrorV2Themed SCXW72660026 BCX0">Doan</span><span class="NormalTextRun SCXW72660026 BCX0"> – Art </span><span class="NormalTextRun SpellingErrorV2Themed SCXW72660026 BCX0">Director</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW72660026 BCX0">and</span><span class="NormalTextRun SCXW72660026 BCX0"> Game Designer </span></span></p>
<p>⋅ <span class="TextRun SCXW161604657 BCX0" lang="TR-TR" xml:lang="TR-TR" data-c><span class="NormalTextRun SCXW161604657 BCX0">Andy </span><span class="NormalTextRun SpellingErrorV2Themed SCXW161604657 BCX0">Ho</span><span class="NormalTextRun SCXW161604657 BCX0"> – CTO</span></span><span class="EOP SCXW161604657 BCX0" data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<p>⋅ <span class="TextRun SCXW85342958 BCX0" lang="TR-TR" xml:lang="TR-TR" data-c><span class="NormalTextRun SCXW85342958 BCX0">Jeffrey </span><span class="NormalTextRun SpellingErrorV2Themed SCXW85342958 BCX0">Zirlin</span><span class="NormalTextRun SCXW85342958 BCX0"> – </span><span class="NormalTextRun SpellingErrorV2Themed SCXW85342958 BCX0">Growth</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW85342958 BCX0">Lead</span> </span><span class="EOP SCXW85342958 BCX0" data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
<h4><span style="font-size: 120%;"><strong><span class="TextRun SCXW90146250 BCX0" lang="TR-TR" xml:lang="TR-TR" data-c><span class="NormalTextRun SpellingErrorV2Themed SCXW90146250 BCX0">Roadmap</span><span class="NormalTextRun SCXW90146250 BCX0"> of </span><span class="NormalTextRun SpellingErrorV2Themed SCXW90146250 BCX0">Axie</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW90146250 BCX0">Infinity</span><span class="NormalTextRun SCXW90146250 BCX0"> (AXS)</span></span><span class="EOP SCXW90146250 BCX0" data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></strong></span></h4>
<ul>
<li>The first quarter of 2020: Land and Items migrated to Ronin <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2714.png" alt="✔" class="wp-smiley"  /></li>
<li>Q1 2020: Land and Items migrated to Ronin <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2714.png" alt="✔" class="wp-smiley"  /></li>
<li>Q2 2021: Axies migrated to Ronin <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2714.png" alt="✔" class="wp-smiley"  /></li>
<li>Q2 2021: Axie: Origin Alpha <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2714.png" alt="✔" class="wp-smiley"  /></li>
<li>Q3 2021: $AXS staking <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2714.png" alt="✔" class="wp-smiley"  /></li>
<li> 2022: Land Gameplay Community Alpha<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2714.png" alt="✔" class="wp-smiley"  /></li>
<li> 2022: Land gameplay<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2714.png" alt="✔" class="wp-smiley"  /></li>
<li> 2022: Lunacia SDK Alpha (N/A, converted to builder&#8217;s program cookbook for now)<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2714.png" alt="✔" class="wp-smiley"  /></li>
<li> 2023: Axie Part Upgrades</li>
</ul>
<p><span style="font-size: 120%;"><strong><span class="TextRun SCXW12037208 BCX0" lang="TR-TR" xml:lang="TR-TR" data-c><span class="NormalTextRun SCXW12037208 BCX0">Market Data of </span><span class="NormalTextRun SpellingErrorV2Themed SCXW12037208 BCX0">Axie</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW12037208 BCX0">Infinity</span><span class="NormalTextRun SCXW12037208 BCX0"> (AXS)</span></span><span class="EOP SCXW12037208 BCX0" data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></strong></span></p>
<p><span class="TextRun SCXW112980987 BCX0" lang="TR-TR" xml:lang="TR-TR" data-c><span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">The</span><span class="NormalTextRun SCXW112980987 BCX0"> total </span><span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">supply</span><span class="NormalTextRun SCXW112980987 BCX0"> of </span><span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">Axie</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">Infinity</span><span class="NormalTextRun SCXW112980987 BCX0"> is 270,000,000, </span><span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">and</span> also <span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">the</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">current</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">circulating</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">supply</span><span class="NormalTextRun SCXW112980987 BCX0"> is 119,284,894, </span><span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">which</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">accounts</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">for</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">approximately</span><span class="NormalTextRun SCXW112980987 BCX0"> 44% of </span><span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">the</span><span class="NormalTextRun SCXW112980987 BCX0"> total </span><span class="NormalTextRun SpellingErrorV2Themed SCXW112980987 BCX0">supply</span><span class="NormalTextRun SCXW112980987 BCX0">. </span></span></p>
<h5><span style="font-size: 160%;"><strong><span class="TextRun SCXW142226504 BCX0" lang="TR-TR" xml:lang="TR-TR" data-c><span class="NormalTextRun SpellingErrorV2Themed SCXW142226504 BCX0">Where</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW142226504 BCX0">and</span><span class="NormalTextRun SCXW142226504 BCX0"> How Can </span><span class="NormalTextRun SpellingErrorV2Themed SCXW142226504 BCX0">You</span><span class="NormalTextRun SCXW142226504 BCX0"> Buy </span><span class="NormalTextRun SpellingErrorV2Themed SCXW142226504 BCX0">Axie</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW142226504 BCX0">Infinity</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW142226504 BCX0">Coin</span><span class="NormalTextRun SCXW142226504 BCX0">?</span></span><span class="EOP SCXW142226504 BCX0" data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></strong></span></h5>
<p><span class="TextRun SCXW208521788 BCX0" lang="TR-TR" xml:lang="TR-TR" data-c><span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">Moreover, the</span><span class="NormalTextRun SCXW208521788 BCX0"> AXS </span><span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">coin</span><span class="NormalTextRun SCXW208521788 BCX0"> is </span><span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">currently</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">listed</span><span class="NormalTextRun SCXW208521788 BCX0"> on </span><span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">several</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">major</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">cryptocurrency</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">exchanges</span><span class="NormalTextRun SCXW208521788 BCX0">, </span><span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">including</span><strong> <a href="https://accounts.binance.com/en/register?ref=B4DLQJE0" target="_blank" rel="noopener"><span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">Binance</span></a></strong><span class="NormalTextRun SCXW208521788 BCX0">, </span><strong><a href="https://www.kucoin.com/ucenter/signup?rcode=rJUEYGG" target="_blank" rel="noopener"><span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">KuCoin</span></a></strong><span class="NormalTextRun SCXW208521788 BCX0">, </span><strong><span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">Coinbase</span></strong><span class="NormalTextRun SCXW208521788 BCX0">, </span><span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">and</span> <strong><span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">Bitfinex</span></strong><span class="NormalTextRun SCXW208521788 BCX0">. Also t</span><span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">he</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">easiest</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">way</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">to</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">purchase</span><span class="NormalTextRun SCXW208521788 BCX0"> AXS </span><span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">coins</span><span class="NormalTextRun SCXW208521788 BCX0"> is </span><span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">through</span> <span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">the</span><strong> <span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">Binance</span> E<span class="NormalTextRun SpellingErrorV2Themed SCXW208521788 BCX0">xchange</span></strong><span class="NormalTextRun SCXW208521788 BCX0">.</span></span><span class="EOP SCXW208521788 BCX0" data-ccp-props="{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p>
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<p>The post <a href="https://coinengineer.net/blog/what-is-axie-infinity-axs/">What Is Axie Infinity (AXS) ?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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