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Axie Infinity (AXS) Price, Market Cap and Information


Axie Infinity (AXS) Buy Axie Infinity Now
Axie Infinity (AXS) Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players. Inspired by popular games like Pokémon and Tamagotchi...
CVIX 55
Current price $12.47
Change 24h 2.49%
Change 7d 2.57%
Market Cap $1 035 981 111
Available supply 83 056 187 AXS
Volume 24h $53 241 393
Updated Thursday, September 29, 2022 11:00:08AM UTC
Nature Token
Mineable No
Discussion
WWW Website

Axie Infinity price change 24 hours

Axie Infinity Short Term Forecast

After Price Change
1 day $13.10 5.03%

Axie Infinity Price Predictions

Axie Infinity General Information

General AXS facts, technical details and Axie Infinity Cryptocurrency information

Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players. Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise, battle and trade token-based creatures known as Axies.

These Axies can take various forms, and there are more than 500 different body parts available, including aquatic, beast, bird, bug, plant and reptile parts. Parts from each type class come in four different rarity scales: common, rare, ultra rare and legendary — and Axies can have any combination of body parts, making them highly variable and often rare and unique.

Each Axie is a non-fungible token (NFT) with different attributes and strengths and can be entered into 3v3 battles, with the winning team earning more experience (exp) points that are used to level up an Axie's stats or evolve their body parts. These Axies can be bred together to produce new and unique offspring, which can be used or sold on the Axie marketplace. The Axie Infinity ecosystem also has its own unique governance token, known as Axie Infinity Shards (AXS). These are used to participate in key governance votes and will give holders a say in how funds in the Axie Community Treasury are spent.

Who Are the Founders of Axie Infinity?

Axie Infinity was created in 2018 by Sky Mavis — a technology-focused game developer with a team primarily based in Vietnam. It was co-founded by Trung Nguyen and Aleksander Larsen. Trung Nguyen is the current CEO of the platform. Nguyen graduated with a BS in computer software engineering, and worked as a software engineer at Anduin Transactions prior to founding Axie Infinity.

Former competitive gamer Aleksander Larsen is also credited as a co-founder and COO of the platform. Larsen has been working in blockchain gaming since 2017. He previously worked as the executive security officer for the Norwegian Government Security Organization and still sits as Secretary of the Board of Directors at the Blockchain Game Alliance.

In total, the Axie Infinity team consists of 25 full-time employees — many of whom have experience with game development.

What Makes Axie Infinity Unique?

Each Axie possesses six out of the hundreds of different potential body parts — each of which has its own battle move. This produces essentially endless variety among Axies, with most Axies having relatively weak statistics, while those with the strongest combination of body parts can have incredible stats.

Unlike some other blockchain-based battling and breeding games, each Axie can only be bred a total of seven times to help control the population of Axies. Axie Infinity has its own mating hub to help players find a suitable match to breed their Axie with to stand the best chance at producing a rare or powerful offspring. It costs 0.005 ETH in addition to Small Love Potion (SLP) tokens to breed Axies.

AXS token holders will soon be able to stake their tokens to receive regular rewards. But unlike some other stakeable assets, AXS holders will also need to vote and play to claim their rewards.

How Many Axie Infinity (AXS) Coins Are There in Circulation?

Axie Infinity (AXS) tokens have a total supply of 270 million tokens. Out of this, around 53.5 million tokens were in circulation as of mid-November 2020. In total, 11% of the total supply was allocated to participants in the Binance Launchpad IEO sale and 4% was sold in a private sale. In addition to this, 29% is allocated for staking rewards, 20% to the play to earn pool, 21% to the team, 7% to advisors and 8% to the ecosystem fund.

Based on the current release schedule, as indicated by Binance Research, 100% of AXS tokens will be circulating by early 2026.

How Is the Axie Infinity Network Secured?

The Axie Infinity (AXS) token is an ERC-20 token launched on the Ethereum blockchain. As a result, it is secured by Ethereum’s proof-of-work (POW) consensus mechanism. 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.

Ronin is an application-specific sidechain built just for Axie Infinity. It is being developed by Sky Mavis — the development firm behind the Axie Infinity game, and is designed to support almost instant transaction confirmations, reduced gas fees and be capable of helping Axie Infinity scale.

Where Can You Buy Axie Infinity (AXS)?

As of mid-November 2020, Axie Infinity (AXS) is only available to trade on a single exchange platform: Binance. It is listed with four trading pairs: AXS/USDT, AXS/BTC, AXS/BUSD and AXS/BNB. Though there are no direct fiat purchase options for AXS, see our guide to purchasing Bitcoin (BTC) with fiat — which can then be exchanged to AXS on supported exchanges.

Axie Infinity Historical Data – 10 days

Date Open, $ Min, $ Max, $ Market cap, $
Sep 20 12.32 12.14 12.75 1 022 278 972
Sep 21 12.41 11.79 12.88 979 615 345
Sep 22 11.85 11.73 12.40 1 024 752 453
Sep 23 12.36 12.36 13.36 1 109 734 547
Sep 24 13.14 12.75 13.51 1 059 070 070
Sep 25 12.70 12.37 12.88 1 033 803 663
Sep 26 12.40 12.16 12.44 1 026 824 297
Sep 27 12.49 12.26 12.83 1 031 030 987
Sep 28 12.36 12.03 12.61 1 042 429 218
Sep 29 12.50 12.42 12.53 1 035 981 111

AXS/USD Price Charts

AXS to USD price chart – 7 days
AXS to USD price chart – 30 days
AXS to USD price chart – 60 days
AXS to USD price chart – 6 months

* Crypto Rating accepts no liability for any errors in the Axie Infinity information, AXS Prices and AXS's Market Cap. For the most up-to-date prices please visit the Axie Infinity's official website.

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1 Bitcoin (BTC) BTC Bitcoin predictions 84.4% 23 $19 461.08 2.32% 1.73% $372 947 421 190 BTC 7 days price change
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News, Promo

AXS
Axie Infinity looking to ‘double-down’ on Korean market

Sky Mavis co-founder and growth lead Jeffrey Zirlin says Axie Infinity wants to double down in South Korea, which they see as one of the most important gaming markets in the world...

09 Aug 2022
AXS
Axie Infinity (AXS) price reverses course with 50%+ gain ahead of Origin launch

AXS and RON price are turning bullish as excitement builds for the launch of Axie Infinity: Origin. Play-to-earn (P2E) gaming was one of the hottest sectors...

25 Mar 2022
AXS
Is Axie Infinity overheating? AXS price hits record high following 100% QTD rally

The gaming token, which reached $150 in the early UTC hours of Monday, risks correcting below $90 as a key technical indicator identifies its overbought conditions...

05 Oct 2021
AXS
Altcoins see a 35% bounce after Bitcoin reclaims $43,000

LPT, COTI and AXS lead altcoins higher after ETH hits $3,000 and Bitcoin bulls take control of $43,000. The sharp correction that threatened to pull Bitcoin (BTC)...

23 Sep 2021

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