Axie Infinity is a play-to-earn, blockchain-based game where players collect, breed, and battle NFT creatures called Axies. Using Ethereum blockchain, it features AXS and SLP tokens, enabling income through gameplay and community-driven governance.
Axie Infinity is a pioneering play-to-earn game operating on the Ethereum blockchain, inspired by games like Pokémon. It utilizes NFTs (Non-Fungible Tokens) for its digital creatures called Axies, which players can collect, breed, raise, battle, and trade. The game's ecosystem is powered by its ERC-20 token, Axie Infinity Shard (AXS), and an in-game utility token, Smooth Love Potion (SLP), both vital for transactions and interactions within the game. AXS allows for staking, governance participation, and earning rewards, while SLP is earned by playing the game and used primarily for breeding Axies. Axie Infinity boasts an innovative economic model that blends gaming with finance, enabling players to generate income by engaging with the game. With a total supply of 270,000,000 AXS and a circulating volume that suggests active trading, alongside SLP's significant supply and usage within the game's economy, Axie Infinity demonstrates a vibrant ecosystem. It supports strategic gameplay, includes a marketplace for Axies, and establishes ownership via the blockchain, reflecting a robust engagement from its community. The project has notably impacted players worldwide, especially in develo...
Axie Infinity is a pioneering play-to-earn game operating on the Ethereum blockchain, inspired by games like Pokémon. It utilizes NFTs (Non-Fungible Tokens) for its digital creatures called Axies, which players can collect, breed, raise, battle, and trade. The game's ecosystem is powered by its ERC-20 token, Axie Infinity Shard (AXS), and an in-game utility token, Smooth Love Potion (SLP), both vital for transactions and interactions within the game. AXS allows for staking, governance participation, and earning rewards, while SLP is earned by playing the game and used primarily for breeding Axies. Axie Infinity boasts an innovative economic model that blends gaming with finance, enabling players to generate income by engaging with the game. With a total supply of 270,000,000 AXS and a circulating volume that suggests active trading, alongside SLP's significant supply and usage within the game's economy, Axie Infinity demonstrates a vibrant ecosystem. It supports strategic gameplay, includes a marketplace for Axies, and establishes ownership via the blockchain, reflecting a robust engagement from its community. The project has notably impacted players worldwide, especially in developing countries, by providing a decentralized, community-driven platform for earning through play.