You are our inspiration and motivation for everything we do! īy September 2021, Axie Infinity had already hit a total NFT transaction volume of over $2 billion. Special thanks to our amazing community on this special day.
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A Series B funding round in October 2021, led by Andreessen Horowitz, saw Sky Mavis reportedly valued near $3 billion. Sky Mavis also has support from major game publisher Ubisoft, which mentored the team in its Entrepreneur’s Lab accelerator program and aided the Ronin launch. The futureĪxie Infinity blew up in a big way in late June 2021, not long after the Ronin transition and the announcement of a $7.5 million Series A funding round featuring Mark Cuban and Alexis Ohanian, among others. If the numbers square up to your liking, click “Swap” and the transaction will go through. Enter the amount you want to trade and Uniswap will tell you how much AXS you will receive in return. Image: DecryptĬonnect your wallet at Uniswap, select AXS from the list, and then choose which asset you want to swap for it. If you need ETH, you can purchase it with fiat at Coinbase or Binance and then transfer it to your wallet. You will need a crypto wallet with ETH or another Ethereum-based ERC20 token to trade at Uniswap.
Here’s how you can purchase AXS from Uniswap. Decentralized exchanges like Uniswap and SushiSwap offer it, however. Where can you buy AXS?ĪXS is available from cryptocurrency exchanges such as Binance, FTX, and Huobi Global, although it is not currently sold by Coinbase or Binance.US, for example. You can’t even use Axie’s land in gameplay yet, but it’s in demand: a single plot of Genesis land sold for a record-breaking $2.48 million in November 2021. Whether that proves to be a sustainable model remains to be seen, but it’s a potentially powerful and revolutionary idea that is already being put into practice. The profits are divided amongst the parties in countries like the Philippines and Indonesia, people are playing Axie to support their families. "Play to earn" might sound like a marketing phrase or a gimmicky hook, but we’re already seeing evidence of a player-owned economy taking shape around the game.įor example, there are thousands of “Axie scholars” through programs like Yield Guild Games and others, in which Axie owners loan their NFTs to other players to use and earn with. The upfront costs will be a major roadblock for many players, but it’s a game that rewards players the more time and effort that they put into it. These Axies belong to you and yield tangible rewards: Smooth Love Potion (SLP) crypto tokens that can be exchanged for money. What’s so special about it?Īxie Infinity takes the fun and alluring premise of Pokémon and adds the element of ownership. You can play on PC, Mac, Android, or iOS and take your Axies into battle to win rewards. They can be purchased from the official Axie marketplace via your Ronin wallet, which you’ll connect to the game. Mystic Axie overview 👇 /3FHx4a76xuĪs mentioned, Axie Infinity is built entirely around NFT items-and right now, there’s no way to play unless you buy the three Axie NFTs needed to create your first team. Some Axie NFTs have sold for as much as 300 ETH apiece, or more than $600,000 as of this writing. You can also breed Axies, which lets you build potentially more powerful teams and yields additional NFTs to sell on the marketplace. You can buy and sell Axies on the game's marketplace.
Unlike conventional in-game items, the NFT confers ownership on the buyer you can trade Axies on the game's marketplace for real money. These cryptographically unique tokens can be linked to digital content-in Axie Infinity's case, the Axies and land plots that populate the game. In-game items are represented by NFTs, or non-fungible tokens. It's primarily focused on turn-based battles, either against computer-controlled Axie teams or live opponents over the Internet. The game runs on the Ethereum blockchain with the help of Ronin, a sidechain that helps minimize fees and transaction delays. Axie Infinity sees you collect cute monsters to battle with. What is Axie Infinity?Īxie Infinity is a monster-battling game where you pit teams of cute monsters called Axies against each other in battles. It’s a bold new vision for gaming-and it’s catching on.
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The upside, however, is that you own your Axie NFTs and can resell them, plus its “play-to-earn” approach rewards you with crypto tokens that can be exchanged for money. Getting started isn’t simple or cheap, however, and there’s a vastly larger upfront investment needed than your average PlayStation or Xbox game. It sees you collect and pit adorable monsters against each other in cartoonish combat. Axie Infinity is inspired by Nintendo’s beloved Pokémon series.
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