Axie Infinity (AXS) is a Governance crypto token. Axie Infinity was founded on 2020-08-31 on the ETHEREUM ecosystem. More information can be found at https://axieinfinity.com/.
Key Technical Advantages:
Axie Infinity Universe: Axie Infinity is a blockchain-based game featuring collectible creatures called Axies. Players can buy, sell, and trade digital assets, creating a player-owned economy. The universe constantly expands with new games and experiences, allowing players to compete using strategies and tactics to achieve rankings or rewards.
Community & Economy: Axie Infinity enables third-party developers to build their own tools and experiences within its universe. The game has a strong community and offers a "Play-and-Earn" model, allowing players to have fun while potentially earning resources with real monetary value.
Axie Infinity Shards ($AXS): $AXS is an ERC-20 governance token that enables holders to claim rewards, stake their tokens, participate in governance votes, and earn tokens through playing games within the Axie Infinity Universe or contributing user-generated content. The goal is to decentralize the ownership and governance of the game.
Community Treasury: The Community Treasury receives revenue from Axie Infinity and a portion of staking rewards. AXS stakers will eventually govern the treasury as the network becomes more decentralized. Revenues come from Axie NFT marketplace transactions, breeding fees, and other streams like cosmetic sales and tournament entry fees.
Ronin Ethereum Sidechain: Ronin is an Ethereum-linked sidechain developed by Sky Mavis specifically for Axie Infinity. It aims to provide better security and consensus with the help of validators from the gaming, crypto, and nonfungible token space. The sidechain is expected to evolve over time to better serve the needs of blockchain gaming.
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