The blockchain economic design enables the creation of complex player-owned economies and rewards players who reach advanced levels of skill. The community gets the opportunity to truly the own resources earned within the games. What differentiates Axie Infinity from other real-time games like Pokémon GO is that the Axie Infinity universe engages players with its social network and earning platform. As the body parts of the Axie play a crucial role, it also has its unique card art for players to collect. Completing challenges and winning battles help to level up an Axie’s stats or upgrade body parts.įurther, these Axies can be bred to produce new and unique offspring, which can be used in the game or sold on the Axie marketplace. These come into play to compete in 3v3 battles, complete quests, defeat bosses and unlock in-depth storylines. This allows the community developers to build their tools and experiences in the Axie Infinity Universe.įrom the game viewpoint, there are more than 500 different parts available, including aquatic, beast, bird, bug, plant and reptile body parts, and Axies can be classified as common, rare, ultra-rare and legendary.Įvery Axie is a non-fungible token ( NFT) with its own features and strengths. The player-owned economy enables users to own, buy, sell and trade resources, or Axies, and all art assets and Axie genetic data can be easily accessed by third parties. Players can also send their Axies into battle against one another. Inspired by cartoons and real-time games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, rear and trade token-based critters known as Axies. The fundamentals allow players to seamlessly sell and trade their game assets for digital currency, as all in-game assets exist as tokens. Axie Infinity is promoted as a fully player-owned cryptocurrency that is used within a digital pet universe. Let’s look at the AXS coin price prediction for 2022 and beyond.Īxie Infinity was conceptualised by game developer Sky Mavis in 2018, and co-founded by Trung Nguyen and Aleksander Larsen. The main question concerning the token right now is: Given the rollercoaster ride it’s been on over the last few months, can Axie surpass its all-time high? While being based on a specific game has its downsides – the most important being that players lose interest if new challenges or scenarios are not updated – the fate of AXS also depends on its fundamentals. But the AXS price did see some respite in early May, when the price rose by 10% in one day following the launch of its token burn tool for its SLP in-game token.ĪXS reached an all-time high of $165.37 in November 2021, but at the time of writing was trading more than 90% below that mark. The organisation has faced a number of difficulties in 2022, particularly a $625m hacking scandal in March, which was followed by the coin dropping 54% in April. AXS price prediction 2022: What are analysts saying?īlockchain-based gaming space Axie Infinity’s AXS coin has plunged close to 85% year-to-date ( YTD), from an opening price on 1 January of $93.30, to $14.23 as of 6 September 2022.US30 US Wall Street 30 (USA 30, Dow Jones)
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