What is Axie Infinity? What Does AXS Coin Do?

Axie Infinity is a Pokémon-inspired blockchain-based game built on Ethereum. In this article, as Kriptokoin.com, “What is Axie Infinity?” We will answer the question. In addition, we will touch on other questions about the project.

What is Axie Infinity? What does it do?

Axie Infinity is a Pokémon-inspired, NFT-based gaming platform where users can earn tokens through gameplay and contribution to the ecosystem. Game mechanics primarily revolve around fighting, collecting and raising digital pets called Axies. These Axes are designed as NFTs. That’s why each has its own unique value in the game. It cannot be directly replaced with another Axie. To join the game, new players must purchase or borrow at least three Axies.

What is AXS coin?

AXS is an Ethereum-based governance token created for the Axie Infinity game. Although in-game purchases in the NFT market are currently made using ether, Sky Mavis plans to make AXS the native currency of the Axie Infinity Marketplace. In addition, players can stake AXS tokens to participate in the platform’s governance mechanism to have a direct say in the future development of the game. Allowing users to stake their tokens provides an incentive to hold AXS tokens while earning rewards. Allows distributed ownership and management of the Axie Infinity experience for all players. Finally, Sky Mavis promotes innovation and development in the Axis Infinity game. Aiming to create a community treasure to help with this. Community treasury consists of proceeds from purchase fees in Axie Infinity. Besides that, he will receive some of the stake rewards generated by the players.

How does Axie Infinity work?

The core gameplay of Axie Infinity focuses on fighting and breeding the Axies, the unique creatures at the heart of the Axie Infinity experience. Axies are defined by a specific set of characteristics, such as class and body parts, which are used both to distinguish them from other Axies and to determine their rarity level.

Gameplay

Like other turn-based games, Axies is for fighting. In addition, their effectiveness in battle is determined by four statistics.

Wars

Axie Infinity players pit their Axies against other players in three-on-three battles, using a variety of tactics and strategies to place their Axie on the board. At the heart of this game are Ability Cards, which determine Axie’s attack moves to deplete her opponents’ health. Each Ability Card is unique to its respective Axie, as it is tied to its body configuration and class.

breeding

Just like their real-world counterparts, Axies can create new offspring with their own unique characteristics and abilities. Axies can reproduce up to seven times, with each breeding event requiring more SLP.

land

Axie Infinity doesn’t limit players to just collecting and trading creatures. It also allows players to purchase plots that serve as homes for the Axies, called Lunacias. Developers will also be able to create unique games within these plots via the Lunacia software development kit.

What is Axie Infinity? How to buy AXS coins?

Axie Infinity is currently traded on numerous cryptocurrency exchanges. People who want to invest in the project should open an account in one of the exchanges where the project is traded. The exchanges where Axie Infinity is traded are listed as follows: Binance, OKX, BTCEX, Bybit. Users who want to invest in the project should open an account on one of these exchanges.

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