![]() ![]() SLP, in contrast, can be earned in-game, and used to breed Axie. You can buy and sell AXS via exchanges like Coinbase. (While this asset is not currently available on Coinbase, you can buy and sell SLP via DEXs like Uniswap or SushiSwap.) The more you play, the more SLP you can rack up. You can win some for beating an opponent’s Axie or for completing in-game quests. AXS will also serve as a governance token, which allows holders to have a say in the future of the game.Ī second token, called Small Love Potion (SLP), is awarded to players for spending time in the game. ![]() You need some AXS to play the game, but you can also trade AXS like Bitcoin or Dogecoin or any other major crypto. The main token, Axie Infinity Shards (AXS), can be bought and sold on exchanges like Coinbase. There are two special cryptocurrencies used in the game: You can earn SLP by successfully battling other players and completing quests.Īxie Infinity describes itself as a “play to earn” game, where players can sell items (including the Axies they breed, in-game real estate, and accessories like flowers or barrels) via the game’s NFT marketplace while also collecting tokens the game generates. Players can also “breed” new Axies, which costs some of the game’s two native cryptocurrencies: Axie Infinity Shards (AXS) and Small Love Potion (SLP). “Rare” Axies with desirable traits cost more. Sky Mavis takes a 4.25% cut of all the Axies, virtual real-estate, and other items users sell each other. 3 Players of Axie Infinity collect and mint NFTs which represent axolotl -inspired digital pets known as Axies. To start playing, you need to buy at least three Axies from the game’s marketplace. Axie Infinity is a non-fungible token-based online video game developed by Vietnamese studio Sky Mavis, known for its in-game economy which uses Ethereum-based cryptocurrencies. (You can also download this Chrome extension to connect Coinbase Wallet to a web browser if you’d rather play on a computer.) You can buy some ETH from an exchange like Coinbase and send it to Coinbase Wallet (which is separate from the main Coinbase app you can download it via Apple’s App Store or Google Play) or Metamask. To play, you’ll need an Ethereum-compatible crypto wallet and some ETH. Most transactions happen on a speedy, bespoke sidechain called Ronin, which developer Sky Mavis designed to have lower fees than the main Ethereum blockchain. As an alert notification To use this feature, make sure you are signed-in to. We update our AXS to USD price in real-time. The Axie Infinity crypto stock price is updated in real-time. Axies and virtual real estate are sold via an in-game marketplace in the form of NFTs. The live Axie Infinity price today is 10.98 USD with a 24-hour trading volume of 51,288,454 USD. As of August 2021, the game had around 1 million daily players, and in the summer of 2021, Axie Infinity became the biggest crypto app on the Ethereum blockchain.Īxie Infinity revolves around breeding, raising, and battling cute creatures called Axies. Vietnamese developer Sky Mavis launched Axie Infinity in 2018. It features two native cryptocurrencies: Axie Infinity Shards (AXS), which can be bought and sold on exchanges like Coinbase, and Small Love Potion (SLP), which is awarded to players for spending time in the game. It does not store any personal data.Axie Infinity is a crypto-meets-Pokémon game in which players raise, battle, and trade cute NFT pets called Axies. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". ![]() These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Charlotte Principato, Morning Consult financial services analyst, discusses the current state of the crypto markets following the 625 million exploit of Axie Infinity’s Ronin network. ![]()
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