01-13-2022, 10:30 AM -
What is Axie Infinity (AXS)?
Website: https://axieinfinity.com/
Max Supply: 270,000,000 AXS
Total Supply: 270,000,000 AXS
Circulating Supply: 60,907,500.00 AXS
Explorer: Axie Infinity Explorer
Whitepaper: Axie Infinity Whitepaper
What is Axie Infinity (AXS)?
Axie Infinity is a Pokémon-enlivened game where people can acquire tokens through their commitments to the environment and with their gaming capacities.
Players can fight for their pets, collect and upgrade items and build a land-based kingdom. Every single game datum and Axie hereditary information are effectively available to outsiders, permitting local area designers to assemble their instruments and encounters in the Axie Infinity universe. Axie Infinity is a blockchain-based exchanging and war game incompletely claimed and worked by its players.
Propelled by mainstream games like Pokémon and Tamagotchi, Axie Infinity permits players to gather, breed, redesign, battle and exchange token-based animals known as Axies. Axies can take a variety of forms and have more than 500 different body parts, including aquatic, beast, bird, insect, plant, and reptile parts.
Albeit right now in early access, Axie is positioned as the main Ethereum game by day by day, week by week, and month to month dynamic clients. Axie has generated more than 6,400 ETH (2 million + USD) so far. Axie is a fun game, but also takes on the characteristics of social networking and business platform, as it is played to win the opportunities arising from its strong community and rapid success. The fundamental distinction among Axie and a normal game is that the blockchain monetary plan is utilized to remunerate players for their commitment to the biological system.
This new game model is called "play to win". Axie has drawn in great many players from non-industrial nations looking for another income stream during the Covid pandemic. A significant number of these players are known as fathers, aunties, and even grandparents, as they have never utilized Blockchain innovation.
By gaining more experience points, the winner can raise an Axie's stats or improve body parts. Axies can be combined to produce new and unique puppies that can be used or sold on the Axie market.
The Axie Infinity biological system likewise has its own exceptional administration tokens known as Axie Infinity Shards (AXS). These are utilized to take an interest in key administration votes and give proprietors a say in how assets from the Axie Community depository are spent.
What Makes Axie Infinity Unique?
As mentioned, Axies have six out of hundreds of different potential body parts, each with their own combat moves. This produces basically interminable assortment among Axies, with most Axies having somewhat frail details while those with the most grounded blend of body parts can have great details. Dissimilar to other blockchain-based battle and rearing games, each Axie must be brought forth an aggregate of multiple times to assist with controlling the Axies populace.
Axie Infinity has its own mating place to help players track down a reasonable match to raise their Axie to have the most obvious opportunity with regards to delivering an uncommon or solid posterity. It costs 0.005 ETH with Small Love Potion (SLP) tokens to generate Axies. AXS token holders can before long stake their tokens to get regular prizes. In any case, in contrast to other stable resources, AXS holders should cast a ballot and play to guarantee their prizes.
How Do Players Earn in the Axie Infinity System?
You can compete in PVP (Player vs. Player) battles to win prizes on the leaderboard. Axies can be sold in the market for breeding. It is possible to collect information and make predictions about rare Axies such as Mystics and Origins. You can farm the love potions needed to raise Axies and sell them on exchanges.
From 2021, players can earn AXS, a management token that represents a real slice of the gaming world as it has management rights and built-in fee sharing. Because players can earn by playing this token, players can earn a part of the game world by creating a Ready Player uniform mission. However, these quests do not reward each player according to their effort and skill, with the winner being all part of himself.
Axie's Mission
Axie was worked as a fun and instructive approach to acquaint blockchain innovation with the world. Many of the founding team members met while playing Crypto kitties and were the first to use Blockchain for anything other than mere guesswork. Soon after, they started working on Axie to introduce the effective power of Blockchain technology to billions of players.
Axie's Vision
The Axie vision is based on a belief in a future where work and play are one. They empower their players and provide them with economic opportunities. Most importantly, he advocates having a dream that fighting cute creatures in the game and collecting items can change the world.
The game
Axie Infinity is organized as an open-ended progressed digital pet universe. In keeping with the community, the Axie core team will create functionality for game assets associated with the Axie brand. The Axie universe advocates being fun above all else so that by having an immersive gaming experience, the ecosystem will be able to attract enough participants to add value to the network.
Combat System
In October 2018, the Axie center group delivered the principal battle framework based on top of Axie game resources. The combat system is configured as an "idle battle" system, inspired by games such as "Final Fantasy Tactics" and "Idle Heroes". In March 2019, the Axie team started development on the real-time card battle system and implementation and released an Alpha in December 2019. As of October 2020, the app has collected more than 15,000 downloads with over 7,000 weekly active users. Just as Pokemon will go through countless iterations and battle system types, Axie is expected to have many combat variations in the coming years.
Tournaments and eSports
Due to its skill-based, competitive nature, the Axie combat system makes it a good choice for competitive gaming and eSports. This is a direction that will grow the project, and players who make money can spend most of their time on it, as they are incentives. Axie players have already earned thousands of dollars worth of cryptocurrencies through numerous tournaments hosted by the core team or third-party sponsors.
Reproductive System
Like real-world pets, breeding can be done to create new offspring on the Axies platform. To prevent the Axies from becoming overblown, there is a maximum amount of time an Axie can be bred before it becomes sterile. Raising an Axie costs two AXS and some Smooth Love Potions, depending on how many times the Axies are bred.
Genetic
Each Axie has six body parts and a body shape. For each part, an Axie has three genes. These are known as dominant (D), recessive (R1), and a minor recessive gene (R2). The dominant gene is defined as the gene that determines the body part physically present in the Axie. During reproduction, each gene has a chance to be passed on to offspring:
Dominant (D): 37.5% chance of passing this gene to offspring.
Recessive (R1): 9.375% chance of passing this gene on to offspring.
Minor Recessive (R2): 3.125% chance of passing this gene on to offspring.
This calculation is used to look for probabilities when breeding two Axies.
How Long Does It Take for an Axie to Become an Adult?
Axies take 5 days to reach maturity. After 5 days the egg can develop into an adult Axie and Axie's genes are visible at this stage.
Axie Population Control
Axie population growth is an important factor in the Axie ecosystem. At any given moment, there is an ideal rate of inflation that allows us to reach our maximum potential. If the inflation rate is too slow for any individuals to participate, Axie prices rise too high (especially competitive Axies), but if it is too fast, unhealthy inflation is achieved. Long-Term Axie population management is based on:
Adding additional utility to Axies through new experiences such as terrain, minigames: This also benefits Axies beyond their effectiveness in the short-lived meta.
Vertical insertion rather than purely horizontal progression: The main path individuals take to progress at the moment is to expand the size of their collections. This dynamic is not optimal in the long run. In the long run, there will be upgrades for both Axies and Land that require crafting materials. Axies themselves can be "released" to obtain these crafting materials. This creates a long-term supply pool for the Axie population. Axie's progression will continue to progress in the future and promises to create a much stronger bond between trainers and the Axies they choose to upgrade.
Competitive in the market, Soulbound Axies will allow individuals to compete and have fun without paying much. This game should not be a game where levels can be exceeded by paying money. So the win potential for Soulbound Axies should be at or near zero, i.e. the demand for strong “real” combat Axies should continue. Additionally, it should be noted that it is the demand for Axies that ultimately drives the demand for SLP (Small Love Potion) (and AXS), so creating more reasons to own Axies and facilitating growth is important in a healthy economy. is gaining.
Land
Lunacia, the country of Axie, is isolated into tokenized pieces of land that fill in as homes and bases of activity for the Axie. Plots can be upgraded over time using various resources and crafting materials that can be found while playing the game. Also, landowners can find AXS tokens on their land or use Axies occupying the land plot to explore resource nodes on the map. Axies can find AXS and potentially other resources while interacting with resource nodes.
Resource Gathering and Production
Resources will spawn in nodes in Lunacia and will be used to upgrade both terrain and axis. Landowners will have initial rights over all the resources that arise on their land.
Real-Time PvE (Player vs. Environment) Battles
On this platform, known monsters named Chimera are terrorizing Lunacia. Players will be able to fight the Chimera alone or in groups in real-time battles. The Chimera will drop various resources, items, and blueprints used to upgrade terrain and individual Axies. Additional details about the land will be announced over time.
World of Lunacia
Lunacia consists of 90,601 plots. These Land parcels are represented as Non-Fungible Tokens and can be freely traded by players. Terrain gameplay is still in active development and will be released in stages. Phase one will focus on the gameplay part mentioned above and phase two will focus on transforming Lunacia into a virtual world with a focus on user-generated content. Players will actually want to make games utilizing the Lunacia SDK and spot these games on the land they own.
Lunacia SDK
Lunacia SDK will initially be a map editor where players can use Axie Infinity game assets to create games and other experiences. Once the game is created, it is saved as a Fungible Token and can be traded. These NFTs can be placed on the terrain and players can click on them to enter the game. Throughout this process, it is aimed to gradually decentralize the game creation aspect of the Axie universe.
Axie Infinity Community
Axie Infinity is a new type of game where users and the core development team are encouraged to work together to grow the network. Axie is perceived as the biggest and most grounded local area in NFT gaming. Albeit the Axie people group is somewhat little in size contrasted with ordinary games, the measure of client created content and conviction is exceptionally high.
Third-Party Development
It is accepted that the Axie universe could be an amazing climate for drawing in designers to blockchain innovation and an expected launchpad for free engineers. To date, the Axie community has developed various tools and experiences such as:
Tools for evaluating axes.
Tools for advanced market research.
Small mini-games.
Decentralized Organization
Through AXS, Axie Infinity will continuously advance into a local area claimed decentralized endeavor. This process happens as AXS is distributed among players and bookies, and Sky Mavis ownership becomes less concentrated over time. Sky Mavis team will be able to vote locked with Play to earn and Staking award allocations. This will prevent enemies from disrupting the ecosystem in the early and crucial stages of its development. It is estimated that Sky Mavis will not have a majority vote until October 2023.
How to Become a Decentralized Organization:
Version 0:
Token generation (Voting not possible) event with October 2020.
Version 1:
It is known as the Staking board released in the first half of 2021.
AXS holders can stake their tokens through the marking board and take an interest in administration votes set forward by the Sky Mavis group. These votes will rotate around which groups ought to get subsidizing from the biological system asset and how the local area depository ought to be dispersed.
Version 2:
More chain voting on smaller issues in early 2022, potentially changing the way votes are counted from one token one vote to Quadratic voting.
Version 3:
Decentralized association in September 2023; AXS holders will figure out which administration system ought to be utilized and the number of votes. Some decisions, such as smart token, ironclad token supply, will not be open to discussion.
Future Income Streams
Axie Infinity will be run utilizing a Game-as-a-Service model where new highlights will be presented after some time. Axie can potentially generate revenue from the sale of Axies, Land, cosmetics, and in-game art materials. In addition, fees will be charged when players want to level up their game characters, play in tournaments and create new assets. Community Treasure will start collecting fees when the betting board is activated. All fees and income generated by Axie Infinity will be placed in the Community Treasury managed by AXS holders. For now, the main fares in the Axie universe are:
There is a breeding fee paid in AXS for breeding Axies. Axies, the 4.25% Axie Marketplace fee charged from the successful sale of Axie NFT assets, is known as land and land items.
Security and Consensus
To help secure Ronin, a stellar cast of partners from the regular gaming, crypto, and immutable token space are working together to serve as the network's validators.
How Secure is the Axie Infinity Network?
The Axie Infinity (AXS) token is known as an ERC-20 token launched on the Ethereum blockchain. In other words, it is secured by Ethereum's Proof of Work (PoW) consensus mechanism. In mid 2021, Axie Infinity intends to move NFT tokens, including Axies, Land, and other in-game thing tokens, from the Loom Network to an exceptionally made sidechain on Ethereum known as Ronin. Ronin is an app-specific sidechain built exclusively for Axie Infinity. It is developed by Sky Mavis, the development firm behind the Axie Infinity game, and is officially designed to support instant transaction confirmations, low gas fees, and help scale Axie Infinity.
Ronin Ethereum Sidechain
Sky Mavis currently creates Ronin, an Ethereum-linked sidechain made specifically for Axie Infinity. Ronin is known in history as a samurai without a master in feudal Japan, and he represents the idea that the fate of the product is in his own hands.
Ronin's Future
Sky Mavis CEO Trung said, “We are very excited about the possibilities Ronin brings and that although Ronin is still in a new state, it will continually evolve over the years to serve the spirit and values of the blockchain game, while technically empowering Ronin even further. and they are looking for various solutions to scale, for example, zKSyncs looks promising but it may take time for NFTs and their games, in particular, to be ready for production”.
Administration
The main version of Axie Infinity played to win on iOS/Android is known as terrain gameplay in the first half of 2022, and Lunacia SDK Alpha in the second half of 2022. At the end of the game, the social network, marketplace, Axie progression, breeding gameplay, cascading PvP tournaments, and PvE adventure mode all create a single app that players can use to communicate with the whole Axie Infinity universe.
Terrain Gameplay
Players attack Chimeras and other players by expanding their kingdoms, collecting resources. The Lunacia SDK permits designers and makers to fabricate games utilizing existing Axie Infinity resources and host them in the field.
Axie Infinity Squad
Axie Infinity is created by Sky Mavis, a tech-centered game studio established in mid 2018. The group comprises of 25 full-time workers and is settled in Ho Chi Minh City, Vietnam.
The establishing group comprises of the accompanying individuals:
Trung Thanh Nguyen - CEO
Trung is involved in all key decisions, from product marketing to marketing, and runs the company from Vietnam. At the age of 19, Trung was known as the co-founder and CTO of Lozi.vn, Vietnam's first e-commerce startup that has raised nearly ten million funds and is currently in operation. But he left Lozi when he made it into a stable business and the team's focus shifted from construction to operations to operations. Before founding Axie Infinity, Trung was also involved with Trusting Social (25M new funding led by Sequoia) and Anduin Transactions (a Joe Lonsdale company). Trung represented Vietnam at the ACM-ICPC (International Conference on Program Comprehension) World Final 2014 held in Yekaterinburg, Russia.
Tu Doan - Art Director and Game Designer
Tu leads the art team in Vietnam and designed the original Axies. He is known as the art director and the person responsible for many game design concepts. He is the co-founder of Lozi.vn and previously worked as Head of Design.
Andy Ho - CTO
Andy leads the engineering team and is responsible for technical strategy and engineering operations. He recently filled in as a programmer at Anduin Transactions and interned at Google and Paypal. He participated in the International Informatics Olympics (IOI) 2010 held in Waterloo, Canada. He graduated from Singapore Nanyang Technological University and also represented Singapore at the ACM-ICPC World Final 2015 held in Marrakech, Morocco.
Jeffrey Zirlin - Head of Growth
Jeffrey is responsible for the Growth and Community efforts. He also assists in the product design and business side of Axie Infinity. He previously studied history at Yale University, founded an equity investment fund, and made the Yale resume building platform an open-source platform for everyone.
What number of Axie Infinity (AXS) Coins Are In The Market?
Axie Infinity (AXS) tokens have a total supply of 270 million coins. Apart from that, as of mid-November 2020, about 53.5 million tokens are in the market. In addition, 11% of the total supply was given to certain exchanges and 4% sold in a private sale, 29% to staking rewards, 20% to pool game, 21% to the team, 7% to advisors, and 8% to consultants. 'i is allocated to the ecosystem fund. According to the current release plan, 100% of AXS tokens will be available by early 2026.
How to Buy Axie Infinity (AXS)?
For those who want to invest in crypto money, the answer to the question of how to buy and sell Axie Infinity (AXS) is often wondered. For this, either mining is done or these transactions need to use a specially created cryptocurrency exchange.
Website: https://axieinfinity.com/
Max Supply: 270,000,000 AXS
Total Supply: 270,000,000 AXS
Circulating Supply: 60,907,500.00 AXS
Explorer: Axie Infinity Explorer
Whitepaper: Axie Infinity Whitepaper
What is Axie Infinity (AXS)?
Axie Infinity is a Pokémon-enlivened game where people can acquire tokens through their commitments to the environment and with their gaming capacities.
Players can fight for their pets, collect and upgrade items and build a land-based kingdom. Every single game datum and Axie hereditary information are effectively available to outsiders, permitting local area designers to assemble their instruments and encounters in the Axie Infinity universe. Axie Infinity is a blockchain-based exchanging and war game incompletely claimed and worked by its players.
Propelled by mainstream games like Pokémon and Tamagotchi, Axie Infinity permits players to gather, breed, redesign, battle and exchange token-based animals known as Axies. Axies can take a variety of forms and have more than 500 different body parts, including aquatic, beast, bird, insect, plant, and reptile parts.
Albeit right now in early access, Axie is positioned as the main Ethereum game by day by day, week by week, and month to month dynamic clients. Axie has generated more than 6,400 ETH (2 million + USD) so far. Axie is a fun game, but also takes on the characteristics of social networking and business platform, as it is played to win the opportunities arising from its strong community and rapid success. The fundamental distinction among Axie and a normal game is that the blockchain monetary plan is utilized to remunerate players for their commitment to the biological system.
This new game model is called "play to win". Axie has drawn in great many players from non-industrial nations looking for another income stream during the Covid pandemic. A significant number of these players are known as fathers, aunties, and even grandparents, as they have never utilized Blockchain innovation.
By gaining more experience points, the winner can raise an Axie's stats or improve body parts. Axies can be combined to produce new and unique puppies that can be used or sold on the Axie market.
The Axie Infinity biological system likewise has its own exceptional administration tokens known as Axie Infinity Shards (AXS). These are utilized to take an interest in key administration votes and give proprietors a say in how assets from the Axie Community depository are spent.
What Makes Axie Infinity Unique?
As mentioned, Axies have six out of hundreds of different potential body parts, each with their own combat moves. This produces basically interminable assortment among Axies, with most Axies having somewhat frail details while those with the most grounded blend of body parts can have great details. Dissimilar to other blockchain-based battle and rearing games, each Axie must be brought forth an aggregate of multiple times to assist with controlling the Axies populace.
Axie Infinity has its own mating place to help players track down a reasonable match to raise their Axie to have the most obvious opportunity with regards to delivering an uncommon or solid posterity. It costs 0.005 ETH with Small Love Potion (SLP) tokens to generate Axies. AXS token holders can before long stake their tokens to get regular prizes. In any case, in contrast to other stable resources, AXS holders should cast a ballot and play to guarantee their prizes.
How Do Players Earn in the Axie Infinity System?
You can compete in PVP (Player vs. Player) battles to win prizes on the leaderboard. Axies can be sold in the market for breeding. It is possible to collect information and make predictions about rare Axies such as Mystics and Origins. You can farm the love potions needed to raise Axies and sell them on exchanges.
From 2021, players can earn AXS, a management token that represents a real slice of the gaming world as it has management rights and built-in fee sharing. Because players can earn by playing this token, players can earn a part of the game world by creating a Ready Player uniform mission. However, these quests do not reward each player according to their effort and skill, with the winner being all part of himself.
Axie's Mission
Axie was worked as a fun and instructive approach to acquaint blockchain innovation with the world. Many of the founding team members met while playing Crypto kitties and were the first to use Blockchain for anything other than mere guesswork. Soon after, they started working on Axie to introduce the effective power of Blockchain technology to billions of players.
Axie's Vision
The Axie vision is based on a belief in a future where work and play are one. They empower their players and provide them with economic opportunities. Most importantly, he advocates having a dream that fighting cute creatures in the game and collecting items can change the world.
The game
Axie Infinity is organized as an open-ended progressed digital pet universe. In keeping with the community, the Axie core team will create functionality for game assets associated with the Axie brand. The Axie universe advocates being fun above all else so that by having an immersive gaming experience, the ecosystem will be able to attract enough participants to add value to the network.
Combat System
In October 2018, the Axie center group delivered the principal battle framework based on top of Axie game resources. The combat system is configured as an "idle battle" system, inspired by games such as "Final Fantasy Tactics" and "Idle Heroes". In March 2019, the Axie team started development on the real-time card battle system and implementation and released an Alpha in December 2019. As of October 2020, the app has collected more than 15,000 downloads with over 7,000 weekly active users. Just as Pokemon will go through countless iterations and battle system types, Axie is expected to have many combat variations in the coming years.
Tournaments and eSports
Due to its skill-based, competitive nature, the Axie combat system makes it a good choice for competitive gaming and eSports. This is a direction that will grow the project, and players who make money can spend most of their time on it, as they are incentives. Axie players have already earned thousands of dollars worth of cryptocurrencies through numerous tournaments hosted by the core team or third-party sponsors.
Reproductive System
Like real-world pets, breeding can be done to create new offspring on the Axies platform. To prevent the Axies from becoming overblown, there is a maximum amount of time an Axie can be bred before it becomes sterile. Raising an Axie costs two AXS and some Smooth Love Potions, depending on how many times the Axies are bred.
Genetic
Each Axie has six body parts and a body shape. For each part, an Axie has three genes. These are known as dominant (D), recessive (R1), and a minor recessive gene (R2). The dominant gene is defined as the gene that determines the body part physically present in the Axie. During reproduction, each gene has a chance to be passed on to offspring:
Dominant (D): 37.5% chance of passing this gene to offspring.
Recessive (R1): 9.375% chance of passing this gene on to offspring.
Minor Recessive (R2): 3.125% chance of passing this gene on to offspring.
This calculation is used to look for probabilities when breeding two Axies.
How Long Does It Take for an Axie to Become an Adult?
Axies take 5 days to reach maturity. After 5 days the egg can develop into an adult Axie and Axie's genes are visible at this stage.
Axie Population Control
Axie population growth is an important factor in the Axie ecosystem. At any given moment, there is an ideal rate of inflation that allows us to reach our maximum potential. If the inflation rate is too slow for any individuals to participate, Axie prices rise too high (especially competitive Axies), but if it is too fast, unhealthy inflation is achieved. Long-Term Axie population management is based on:
Adding additional utility to Axies through new experiences such as terrain, minigames: This also benefits Axies beyond their effectiveness in the short-lived meta.
Vertical insertion rather than purely horizontal progression: The main path individuals take to progress at the moment is to expand the size of their collections. This dynamic is not optimal in the long run. In the long run, there will be upgrades for both Axies and Land that require crafting materials. Axies themselves can be "released" to obtain these crafting materials. This creates a long-term supply pool for the Axie population. Axie's progression will continue to progress in the future and promises to create a much stronger bond between trainers and the Axies they choose to upgrade.
Competitive in the market, Soulbound Axies will allow individuals to compete and have fun without paying much. This game should not be a game where levels can be exceeded by paying money. So the win potential for Soulbound Axies should be at or near zero, i.e. the demand for strong “real” combat Axies should continue. Additionally, it should be noted that it is the demand for Axies that ultimately drives the demand for SLP (Small Love Potion) (and AXS), so creating more reasons to own Axies and facilitating growth is important in a healthy economy. is gaining.
Land
Lunacia, the country of Axie, is isolated into tokenized pieces of land that fill in as homes and bases of activity for the Axie. Plots can be upgraded over time using various resources and crafting materials that can be found while playing the game. Also, landowners can find AXS tokens on their land or use Axies occupying the land plot to explore resource nodes on the map. Axies can find AXS and potentially other resources while interacting with resource nodes.
Resource Gathering and Production
Resources will spawn in nodes in Lunacia and will be used to upgrade both terrain and axis. Landowners will have initial rights over all the resources that arise on their land.
Real-Time PvE (Player vs. Environment) Battles
On this platform, known monsters named Chimera are terrorizing Lunacia. Players will be able to fight the Chimera alone or in groups in real-time battles. The Chimera will drop various resources, items, and blueprints used to upgrade terrain and individual Axies. Additional details about the land will be announced over time.
World of Lunacia
Lunacia consists of 90,601 plots. These Land parcels are represented as Non-Fungible Tokens and can be freely traded by players. Terrain gameplay is still in active development and will be released in stages. Phase one will focus on the gameplay part mentioned above and phase two will focus on transforming Lunacia into a virtual world with a focus on user-generated content. Players will actually want to make games utilizing the Lunacia SDK and spot these games on the land they own.
Lunacia SDK
Lunacia SDK will initially be a map editor where players can use Axie Infinity game assets to create games and other experiences. Once the game is created, it is saved as a Fungible Token and can be traded. These NFTs can be placed on the terrain and players can click on them to enter the game. Throughout this process, it is aimed to gradually decentralize the game creation aspect of the Axie universe.
Axie Infinity Community
Axie Infinity is a new type of game where users and the core development team are encouraged to work together to grow the network. Axie is perceived as the biggest and most grounded local area in NFT gaming. Albeit the Axie people group is somewhat little in size contrasted with ordinary games, the measure of client created content and conviction is exceptionally high.
Third-Party Development
It is accepted that the Axie universe could be an amazing climate for drawing in designers to blockchain innovation and an expected launchpad for free engineers. To date, the Axie community has developed various tools and experiences such as:
Tools for evaluating axes.
Tools for advanced market research.
Small mini-games.
Decentralized Organization
Through AXS, Axie Infinity will continuously advance into a local area claimed decentralized endeavor. This process happens as AXS is distributed among players and bookies, and Sky Mavis ownership becomes less concentrated over time. Sky Mavis team will be able to vote locked with Play to earn and Staking award allocations. This will prevent enemies from disrupting the ecosystem in the early and crucial stages of its development. It is estimated that Sky Mavis will not have a majority vote until October 2023.
How to Become a Decentralized Organization:
Version 0:
Token generation (Voting not possible) event with October 2020.
Version 1:
It is known as the Staking board released in the first half of 2021.
AXS holders can stake their tokens through the marking board and take an interest in administration votes set forward by the Sky Mavis group. These votes will rotate around which groups ought to get subsidizing from the biological system asset and how the local area depository ought to be dispersed.
Version 2:
More chain voting on smaller issues in early 2022, potentially changing the way votes are counted from one token one vote to Quadratic voting.
Version 3:
Decentralized association in September 2023; AXS holders will figure out which administration system ought to be utilized and the number of votes. Some decisions, such as smart token, ironclad token supply, will not be open to discussion.
Future Income Streams
Axie Infinity will be run utilizing a Game-as-a-Service model where new highlights will be presented after some time. Axie can potentially generate revenue from the sale of Axies, Land, cosmetics, and in-game art materials. In addition, fees will be charged when players want to level up their game characters, play in tournaments and create new assets. Community Treasure will start collecting fees when the betting board is activated. All fees and income generated by Axie Infinity will be placed in the Community Treasury managed by AXS holders. For now, the main fares in the Axie universe are:
There is a breeding fee paid in AXS for breeding Axies. Axies, the 4.25% Axie Marketplace fee charged from the successful sale of Axie NFT assets, is known as land and land items.
Security and Consensus
To help secure Ronin, a stellar cast of partners from the regular gaming, crypto, and immutable token space are working together to serve as the network's validators.
How Secure is the Axie Infinity Network?
The Axie Infinity (AXS) token is known as an ERC-20 token launched on the Ethereum blockchain. In other words, it is secured by Ethereum's Proof of Work (PoW) consensus mechanism. In mid 2021, Axie Infinity intends to move NFT tokens, including Axies, Land, and other in-game thing tokens, from the Loom Network to an exceptionally made sidechain on Ethereum known as Ronin. Ronin is an app-specific sidechain built exclusively for Axie Infinity. It is developed by Sky Mavis, the development firm behind the Axie Infinity game, and is officially designed to support instant transaction confirmations, low gas fees, and help scale Axie Infinity.
Ronin Ethereum Sidechain
Sky Mavis currently creates Ronin, an Ethereum-linked sidechain made specifically for Axie Infinity. Ronin is known in history as a samurai without a master in feudal Japan, and he represents the idea that the fate of the product is in his own hands.
Ronin's Future
Sky Mavis CEO Trung said, “We are very excited about the possibilities Ronin brings and that although Ronin is still in a new state, it will continually evolve over the years to serve the spirit and values of the blockchain game, while technically empowering Ronin even further. and they are looking for various solutions to scale, for example, zKSyncs looks promising but it may take time for NFTs and their games, in particular, to be ready for production”.
Administration
The main version of Axie Infinity played to win on iOS/Android is known as terrain gameplay in the first half of 2022, and Lunacia SDK Alpha in the second half of 2022. At the end of the game, the social network, marketplace, Axie progression, breeding gameplay, cascading PvP tournaments, and PvE adventure mode all create a single app that players can use to communicate with the whole Axie Infinity universe.
Terrain Gameplay
Players attack Chimeras and other players by expanding their kingdoms, collecting resources. The Lunacia SDK permits designers and makers to fabricate games utilizing existing Axie Infinity resources and host them in the field.
Axie Infinity Squad
Axie Infinity is created by Sky Mavis, a tech-centered game studio established in mid 2018. The group comprises of 25 full-time workers and is settled in Ho Chi Minh City, Vietnam.
The establishing group comprises of the accompanying individuals:
Trung Thanh Nguyen - CEO
Trung is involved in all key decisions, from product marketing to marketing, and runs the company from Vietnam. At the age of 19, Trung was known as the co-founder and CTO of Lozi.vn, Vietnam's first e-commerce startup that has raised nearly ten million funds and is currently in operation. But he left Lozi when he made it into a stable business and the team's focus shifted from construction to operations to operations. Before founding Axie Infinity, Trung was also involved with Trusting Social (25M new funding led by Sequoia) and Anduin Transactions (a Joe Lonsdale company). Trung represented Vietnam at the ACM-ICPC (International Conference on Program Comprehension) World Final 2014 held in Yekaterinburg, Russia.
Tu Doan - Art Director and Game Designer
Tu leads the art team in Vietnam and designed the original Axies. He is known as the art director and the person responsible for many game design concepts. He is the co-founder of Lozi.vn and previously worked as Head of Design.
Andy Ho - CTO
Andy leads the engineering team and is responsible for technical strategy and engineering operations. He recently filled in as a programmer at Anduin Transactions and interned at Google and Paypal. He participated in the International Informatics Olympics (IOI) 2010 held in Waterloo, Canada. He graduated from Singapore Nanyang Technological University and also represented Singapore at the ACM-ICPC World Final 2015 held in Marrakech, Morocco.
Jeffrey Zirlin - Head of Growth
Jeffrey is responsible for the Growth and Community efforts. He also assists in the product design and business side of Axie Infinity. He previously studied history at Yale University, founded an equity investment fund, and made the Yale resume building platform an open-source platform for everyone.
What number of Axie Infinity (AXS) Coins Are In The Market?
Axie Infinity (AXS) tokens have a total supply of 270 million coins. Apart from that, as of mid-November 2020, about 53.5 million tokens are in the market. In addition, 11% of the total supply was given to certain exchanges and 4% sold in a private sale, 29% to staking rewards, 20% to pool game, 21% to the team, 7% to advisors, and 8% to consultants. 'i is allocated to the ecosystem fund. According to the current release plan, 100% of AXS tokens will be available by early 2026.
How to Buy Axie Infinity (AXS)?
For those who want to invest in crypto money, the answer to the question of how to buy and sell Axie Infinity (AXS) is often wondered. For this, either mining is done or these transactions need to use a specially created cryptocurrency exchange.