AXIE INFINITY REVENUE UPDATE
AXIE INFINITY REVENUE FREE

Subsequently, the AXS price saw a boost after the blockchain migration, reaching $10.85 on 28 April 2021.

AXIE INFINITY REVENUE FREE

It has also given players 100 free marketplace actions each day. It has drastically reduced gas fees and simplified the process for new users. Ronin has allowed Sky Mavis, the company behind the Axie Infinity game, to steer the direction of the product, and the migration brought with it many bonuses for players. AXS gameplay rewards are also claimed on the sidechain. Since April, Axies have been bred, bought and sold on Ronin. The first three months of 2021 were fairly uneventful for the AXS price, with the token not going much further than the $2 mark.ĪXS saw a spike in April 2021 as the game migrated from Ethereum to Ronin, an Ethereum-linked sidechain made specifically for Axie Infinity – think of it as a blockchain within a blockchain. Meanwhile, the Axie Infinity game has accumulated more than 956.3k followers on Twitter, and 104k members on Reddit.īefore diving into what the future holds for the crypto game token, let’s look at its price history. Looking at its ratings on CoinMarketCap, Axie Infinity currently holds a 74% favourable majority. “Players will also be able to earn $AXS when they play various games within the Axie Infinity Universe and through user-generated content initiatives.”Īccording to the site, the goal of Axie Infinity Shards is “to align the incentives between the players of the game and the developers in novel and exciting ways”. AXS holders will be able to claim rewards if they stake their tokens, play the game, and participate in key governance votes. The Axie Infinity Shards – $AXS whitepaper states: “Axie Infinity Shards (AXS) are an ERC-20 governance token for the Axie Universe. However, it is only just recovering from a $625m hack in March 2022 and the AXS price shows it. But Axie Infinity’s updates have proved to have more worth, as AXS has frequently seen bullish trends after such upgrades.Īxie Infinity has recently launched its next major update, under the name Origins, with improvements to gameplay and user interface.

AXIE INFINITY REVENUE UPDATE

With traditional games, developers will update their projects to increase the number of players and maintain current users.

AXS is the rarer and higher-priced of the two it also saw its price shoot up last year. Players are rewarded for winning battles with two tokens, Smooth Love Potion (SLP) and Axie Infinity Shards (AXS). The Axie Infinity game is not the only one seeing intense action: over the course of 2021, the price of Axie Infinity Shards ( AXS) skyrocketed from just over 50 cents in January to $160 in November.Īxie Infinity is a blockchain game that allows players to earn cryptocurrency by battling characters called Axies and trading them on its non-fungible token (NFT) marketplace.

Axie infinity revenue