Price Data, Market Cap & News for Axie Infinity (AXS) Cryptocurrency

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Live headlines about Axie Infinity

Headlines are updated in real time. Click on a headline to the left to read the news.

Axie Infinity Price and Market Cap information

Price Market cap 24h Volume
Total supply Circulating Supply Fully Diluted Valuation
ATH % ATH ATH date
ATL % ATL ATL date

A Brief Introduction to Axie Infinity

Axie Infinity is a blockchain-based game that allows players to collect, breed, raise, battle, and trade token-based creatures known as Axies. Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity has taken the crypto world by storm. Each Axie is a non-fungible token (NFT) with different attributes and strengths, making them unique and often rare.

The Creators and Major Contributors

Axie Infinity was created in 2018 by Sky Mavis, a technology-focused game developer primarily based in Vietnam. The platform was co-founded by Trung Nguyen and Aleksander Larsen, who serve as the CEO and COO respectively. The Axie Infinity team consists of 25 full-time employees, many of whom have experience in game development.

Token Supply

The Axie Infinity ecosystem has its own unique governance token, known as Axie Infinity Shards (AXS). These tokens are used to participate in key governance votes and give holders a say in how funds in the Axie Community Treasury are spent. As of mid-November 2020, there were around 53.5 million AXS tokens in circulation out of a total supply of 270 million tokens.

Purchase Locations

Axie Infinity (AXS) is available to trade on numerous exchange platforms, including top exchanges like Binance, Huobi Global, Coinbase, Bithumb, KuCoin, Gate.io, and Kraken. It is listed with numerous Axie Infinity price pairs, including popular ones like AXS/USDT, AXS/BTC, AXS/BUSD, and AXS/BNB.

Common Uses

Axie Infinity invites users to earn tokens through gameplay. It also allows players to breed, grow, and trade ecosystem game characters aka non-fungible tokens (NFTs) – Axie creatures. These virtual pets have their own class, particular characteristics, and a set of attributes. Axies are collectible and can also be sold on the in-game marketplace called P2P Axie.

Recent News and Advancements

Axie Infinity has been making waves in the crypto gaming world with its unique gameplay and token system. In early 2021, Axie Infinity plans to migrate its NFT tokens, including Axies, Land, and other in-game item tokens from the Loom Network to a custom-built sidechain on Ethereum known as Ronin. This move is expected to support almost instant transaction confirmations, reduce gas fees, and help Axie Infinity scale. The game has also risen in popularity, with substantial interest in the Philippines for the SLP to PHP price, in Australia for the SLP to AUD, and Europe for the SLP to EUR prices.

Recent Developments in Axie Infinity

In recent news about Axie Infinity, the platform has seen a variety of updates and changes. From game developments to market fluctuations, here's a brief overview of what's been happening.

Game Updates and Community Engagement

Axie Infinity news today reveals several exciting updates to the game. The launch of Season 0 of the free-to-play version of Axie Infinity, known as Axie Origin, has begun. This season introduces the distribution of the $SLP token as a reward to players who climb up the leaderboard. Additionally, Axie Infinity has been hosting a summer-themed art contest, with a prize pool consisting of AXS tokens and Axies. The platform is also testing a new framework, the Axie Creator Program, to support its community of contributors and content creators.

Market Fluctuations

The Axie Infinity price has seen some volatility recently, with a reported decrease of 6.03% over the last two hours. Despite this, the platform remains popular, with over 700,000 players estimated to still play Axie Infinity on a monthly basis. If you're wondering where to buy Axie Infinity, it's available on various cryptocurrency exchanges.

Security Measures and Partnerships

In other recent news about Axie Infinity, the platform has been working on improving its security measures following a significant hack. With the help of crypto analytics firm Chainalysis, the U.S. government was able to recover about $30 million stolen from Axie Infinity earlier this year. Additionally, Axie Infinity's creator, Sky Mavis, has signed a deal with Google Cloud to run a validator node on its Ronin sidechain, which will help secure the network and process transactions.

These are just a few of the latest developments in Axie Infinity. As the platform continues to evolve, it's clear that Axie Infinity is making strides in both its game development and its security measures.

Live headlines about Axie Infinity

Headlines are updated in real time. Click on a headline to the left to read the news.

Axie Infinity Price and Market Cap information

Price Market cap 24h Volume
Total supply Circulating Supply Fully Diluted Valuation
ATH % ATH ATH date
ATL % ATL ATL date

A Brief Introduction to Axie Infinity

Axie Infinity is a blockchain-based game that allows players to collect, breed, raise, battle, and trade token-based creatures known as Axies. Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity has taken the crypto world by storm. Each Axie is a non-fungible token (NFT) with different attributes and strengths, making them unique and often rare.

The Creators and Major Contributors

Axie Infinity was created in 2018 by Sky Mavis, a technology-focused game developer primarily based in Vietnam. The platform was co-founded by Trung Nguyen and Aleksander Larsen, who serve as the CEO and COO respectively. The Axie Infinity team consists of 25 full-time employees, many of whom have experience in game development.

Token Supply

The Axie Infinity ecosystem has its own unique governance token, known as Axie Infinity Shards (AXS). These tokens are used to participate in key governance votes and give holders a say in how funds in the Axie Community Treasury are spent. As of mid-November 2020, there were around 53.5 million AXS tokens in circulation out of a total supply of 270 million tokens.

Purchase Locations

Axie Infinity (AXS) is available to trade on numerous exchange platforms, including top exchanges like Binance, Huobi Global, Coinbase, Bithumb, KuCoin, Gate.io, and Kraken. It is listed with numerous Axie Infinity price pairs, including popular ones like AXS/USDT, AXS/BTC, AXS/BUSD, and AXS/BNB.

Common Uses

Axie Infinity invites users to earn tokens through gameplay. It also allows players to breed, grow, and trade ecosystem game characters aka non-fungible tokens (NFTs) – Axie creatures. These virtual pets have their own class, particular characteristics, and a set of attributes. Axies are collectible and can also be sold on the in-game marketplace called P2P Axie.

Recent News and Advancements

Axie Infinity has been making waves in the crypto gaming world with its unique gameplay and token system. In early 2021, Axie Infinity plans to migrate its NFT tokens, including Axies, Land, and other in-game item tokens from the Loom Network to a custom-built sidechain on Ethereum known as Ronin. This move is expected to support almost instant transaction confirmations, reduce gas fees, and help Axie Infinity scale. The game has also risen in popularity, with substantial interest in the Philippines for the SLP to PHP price, in Australia for the SLP to AUD, and Europe for the SLP to EUR prices.

Recent Developments in Axie Infinity

In recent news about Axie Infinity, the platform has seen a variety of updates and changes. From game developments to market fluctuations, here's a brief overview of what's been happening.

Game Updates and Community Engagement

Axie Infinity news today reveals several exciting updates to the game. The launch of Season 0 of the free-to-play version of Axie Infinity, known as Axie Origin, has begun. This season introduces the distribution of the $SLP token as a reward to players who climb up the leaderboard. Additionally, Axie Infinity has been hosting a summer-themed art contest, with a prize pool consisting of AXS tokens and Axies. The platform is also testing a new framework, the Axie Creator Program, to support its community of contributors and content creators.

Market Fluctuations

The Axie Infinity price has seen some volatility recently, with a reported decrease of 6.03% over the last two hours. Despite this, the platform remains popular, with over 700,000 players estimated to still play Axie Infinity on a monthly basis. If you're wondering where to buy Axie Infinity, it's available on various cryptocurrency exchanges.

Security Measures and Partnerships

In other recent news about Axie Infinity, the platform has been working on improving its security measures following a significant hack. With the help of crypto analytics firm Chainalysis, the U.S. government was able to recover about $30 million stolen from Axie Infinity earlier this year. Additionally, Axie Infinity's creator, Sky Mavis, has signed a deal with Google Cloud to run a validator node on its Ronin sidechain, which will help secure the network and process transactions.

These are just a few of the latest developments in Axie Infinity. As the platform continues to evolve, it's clear that Axie Infinity is making strides in both its game development and its security measures.