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AXS
The live Axie Infinity (AXS) price is currently —, — — in the last 24-hours. Axie Infinity is currently — by market capitalization, which is calculated by multiplying the current price (—) with the circulating supply (—), and has a total supply of —. Buy Axie Infinity at MoonPay's current rate:
Axie Infinity is a blockchain-based online multiplayer game developed by Sky Mavis. It combines elements of gaming, decentralized finance (DeFi), and non-fungible tokens (NFTs) on the Ethereum blockchain.
AXS (Axie Infinity Shards) is the utility and governance token of the Axie Infinity game. Holders of AXS have certain privileges, such as voting on governance proposals and participating in key decisions related to the development of the game. Additionally, players can stake AXS in the game to earn additional staking rewards.
Axie Infinity gained significant popularity due to its play-to-earn model, which allows players to generate income by breeding Axies and actively playing the game. Axie Infinity even holds the world record for the most NFT volume of all time.
Many players, particularly in countries with lower average incomes, have been able to earn a living or supplement their income by playing Axie Infinity and trading Axies and in-game currency for items.
The battling game has gained a dedicated community, complete with a secondary Axie marketplace and a competitive Esports scene. Its success has sparked interest in the broader concept of play-to-earn gaming and has brought attention to the potential of blockchain technology in the gaming industry.
AXS was first launched in November 2020 at a price of $0.11. The Axie Infinity price remained relatively stable for the first few months, but it began to increase in value in April 2021. This was due to a number of factors, including the growing popularity of Axie Infinity, the release of new features in the game, and the increasing demand for NFTs in general.
Further, since the Axie marketplace was already up and running in 2018, the game had a head start to amass confidence from the community.
The price of the AXS coin continued to rise in 2021, reaching an all-time high of $165.37 on November 6, almost one year to the day from its initial release. This was a massive increase from its price from November 2020, and it made Axie Infinity one of the most valuable cryptocurrencies on the market.
The AXS price declined in 2022. This was due to a number of factors, including the overall decline in the greater cryptocurrency market cap, as well as other global economic factors.
After climbing from $6 to $12.47 in January, the AXS price declined steadily over the next few months. The Axie Infinity price reached a low of $4.77 before hovering back around $5 for most of the year.
In Axie Infinity, players collect, breed, raise, battle, and trade virtual creatures called Axies. Each Axie is an NFT, representing a unique and tradable digital asset with its own characteristics, skills, and appearance.
Players can earn in-game rewards and cryptocurrency by participating in battles, completing quests, and winning tournaments. These rewards include a cryptocurrency called Smooth Love Potion (SLP), which can be used to breed new pets called Axies, as well as the game's native cryptocurrency, Axie Infinity Shards (AXS).
Here are some of the key features of Axie Infinity:
Staking: AXS holders can stake AXS tokens to earn rewards.
The core team of Axie Infinity consists of:
Trung Nguyen is a Vietnamese-American entrepreneur who founded Sky Mavis, the company that developed Axie Infinity. He is a graduate of the University of California, Berkeley, and he has worked in the technology industry for over 10 years.
Aleksander Larsen is a Danish-Vietnamese entrepreneur who is the COO of Sky Mavis.
Jeffrey Zirlin is an American entrepreneur who is the Game Director of Axie Infinity.
Tu Doan is a Vietnamese artist who is the Art Director of the Axie Infinity team.
Andy Ho is a Vietnamese engineer who is the CTO of Sky Mavis.
Here are some of the things that Axie Infinity can be used for:
Axie Infinity has become popular in developing countries, where it has been used as a way for users to earn income. In the Philippines, for example, some players have been able to earn enough money from playing Axie Infinity to support their families.
Axie Infinity popularized the concept of play-to-earn gaming, allowing players to generate income just by playing. This innovative model has attracted a large player base, particularly in countries where traditional job opportunities and income levels may be limited.
By providing a means for players to earn real-world value through gameplay, the Axie Infinity network has tapped into a new form of economic empowerment within the gaming industry.
The game utilizes blockchain technology and non-fungible tokens (NFTs) to create a decentralized and player-driven ecosystem.
Each Axie is an NFT, representing a unique digital asset that players truly own and can trade on the open market. The transparency, security, and ownership provided by blockchain technology ensure that players have full control over their assets and can freely participate in the game's economy.
This integration of blockchain and NFTs has opened up possibilities for new forms of ownership, value creation and exchange, and player-driven economies within the gaming space.
Axie Infinity does not involve traditional mining like Bitcoin. However, you can participate in staking within the Axie Infinity ecosystem.
The all-time high of Axie Infinity (AXS) is $165.37, which was reached on November 6, 2021.
The all-time low of Axie Infinity (AXS) is $0.1234, which was reached on November 6, 2020.
The total supply of AXS is —. Of these coins, over — have already entered into circulation.
You can buy Axie Infinity directly via MoonPay or through one of our many partner wallets, such as Trust Wallet and Exodus. MoonPay’s simple widget makes it easy to buy AXS with a credit or debit card, bank transfer, Apple Pay, Google Pay, and more payment methods.
You can also top up your wallet in euros, pounds, or dollars and use your MoonPay Balance to purchase crypto like Avalanche. Once funded, use your balance for faster, cheaper transactions with higher approval rates. When you're ready to withdraw, enjoy zero-fee AXS transfers straight to your bank account when you cash out via bank transfer.
MoonPay makes it easy to sell Axie Infinity when you decide it's time to cash out your crypto.
Simply enter the amount of Axie Infinity (AXS) you'd like to sell in the MoonPay widget and enter the details where you want to receive your funds.
