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Axie Infinity

What is Axie Infinity?

Axie Infinity is a blockchain game where the AXS token is used for governance, and token holders can also stake to earn more AXS.

Category

Gaming governance token

Launch year

2020

Platform

Ethereum (ETH)

Consensus mechanism

Varies by network and smart contract execution; Ethereum uses proof of stake

Max supply

270,000,000

Circulating supply

169,924,110.39052394

Main use case

Governance for the Axie Infinity game, plus staking incentives

Market cap rank

181

Token symbol

AXS

Crypto data and labels can change over time. Always double check important details such as token supply, network support, and dates before you make decisions.







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What is Axie Infinity (AXS)?

Axie Infinity (AXS) is an online game that allows players to earn money. Therefore, it can also be called a play-to-earn game. In recent years, games on the blockchain have become extremely popular, and Axie Infinity has become one of the frontrunners in this field.

What is Axie Infinity?

Players can own and breed their own pets, called Axies, within Axie Infinity. These animals come in different colors, shapes, sizes, and names. Axies can therefore be compared to Pokémon creatures, only in this case you really are the owner of the animals. It's possible to breed new Axies, so you'll eventually have more than one. You can also fight other Axies to earn in-game tokens. In this way, you can earn money from playing Axie Infinity. It is also possible to buy and sell other items, such as Axies, Lands, Items and Bundles in the special marketplace. A brief explanation of what these items are: - Axies. These are the animals that players can own within Axie Infinity. - Lands. Players also have a piece of land that serves as a "home" for the Axies. On these pieces of land, various items can be placed, or food can be grown that can be used for sale. - Items. Within the game various in-game items can be used. These can be sold on the marketplace. Some items are extremely rare, which means they can bring in a lot of money. - Bundles. These are groups of items that are bundled together.

DeFi gaming

Axie Infinity is an online game that falls within the DeFi gaming category. These are games that run on the blockchain, and you can make money from them. The game's data is not stored on a central server as it normally is. Instead, this data is stored on the blockchain. This ensures that players have more control over their data, but also actually own the in-game items they own. In the case of Axie Infinity, the game runs on the Ethereum blockchain. This makes have possible the use of NFTs, also known as non-fungible tokens. Objects within Axie Infinity are in fact stored as NFTs. This allows items to be distinguished from each other and linked to their owner. This is also exactly what allows players to make money from a play-to-earn game like Axie Infinity.

AXS and SLP tokens

The ecosystem of Axie Infinity has two types of tokens. These are Axie Infinity Shards (AXS) and Smooth Love Potion (SLP). Both tokens can be used by players to play the game. The AXS token is based on the ERC20 protocol, and a total stock of 270 millions of these is available. These tokens can be used as governance tokens, which means that players can help determine what the future of the platform will look like. Users also have the option to strike the AXS token. The SLP token is a token that is widely used within the game. You can feed your Axies with it, but also need it when you want to breed new Axies. How do you get the token? By winning battles against other players. When you feed your Axies with SLP tokens, they will perform better and better, and can also create better Axies. There is no total supply of SLP tokens. If you want to invest in Axie Infinity, the AXS token is suitable for this purpose. There is a limited stock of these, which makes it an ideal token to invest in. Of course, it is wise to always do your own research, and not just follow the advice of others. This way you will learn why an investment goes right or wrong, and you can adjust your strategy accordingly in the future.

How do players make money with Axie Infinity?

Axie Infinity is a play-to-earn game, and there are several ways players can earn money. - Battles. Players earn money by winning a battle against other players. There are different categories and levels, which determine how high the reward you receive for winning. - Breeding Axies. When you breed new Axies, you will receive rewards for this in the form of SLP tokens. In total each player can breed 7 Axies within the game. - Complete Tasks. There are standard tasks defined that players can complete to receive tokens as rewards. - Sell items. In the marketplace of Axie Infinity, you can sell various items. Think of Axies, Lands, Items and Bundles. These are items that you can use within the game and are therefore very interesting for other players. Not all objects are worth the same amount of money. Therefore, it is important to pay attention to which objects you would like to buy, because otherwise you could lose a lot of money playing this game.

Where can you buy Axie Infinity (AXS) tokens?

You buy AXS tokens from Axie Infinity easily and securely at Coinmerce. If you already have an account at Coinmerce, first log in and then go to the Coins page via the menu. Here you can use the search bar to look for Axie Infinity's AXS token. At Coinmerce, it is possible to buy AXS tokens with iDeal, SEPA, Giropay, Bankcontact, Sofort, EPS and MyBank. Don't have an account with Coinmerce yet? No problem, you can easily create an account by clicking here [LINK TO CREATE ACCOUNT]. After your account is created and verified, you can start buying AXS tokens at Coinmerce.

How can you store AXS tokens?

After purchase, you can store your AXS tokens in Coinmerce's software wallet. You don't have to worry about security, because we always store a large portion of our tokens in cold storage. This keeps them out of the hands of people who should not have access to them. It is also possible to store your AXS tokens in your own hardware wallet. Almost every hardware wallet, such as Ledger and Trezor, supports Axie Infinity. To send AXS tokens from Coinmerce to a hardware wallet, you will first need to verify the address of the hardware wallet with Coinmerce.

Governance in plain language

Governance means the community can make choices through votes. For Axie Infinity, AXS is described as the governance token, so token holders can shape and vote for the direction of the game universe. A practical way to picture it is this: if there is a proposal about how the ecosystem should change, holders can participate by voting with their AXS. The exact rules for voting power can vary by system design, so it is worth reading the project documentation. Governance is not the same as guaranteeing outcomes. It is a mechanism for participation, and the result still depends on how proposals are structured and how many tokens are involved.

Staking as token lock up

Staking usually means you lock tokens so the network or protocol can use them for a defined purpose. In the Axie Infinity context, CoinGecko describes staking as something AXS holders can do to earn more AXS. For a beginner, the key idea is that staking ties your token balance to a protocol rule set. If you stake, your tokens are typically not just sitting there, they are participating in a mechanism with its own terms. Before staking, check what you can do with your tokens while they are locked, what rewards are based on, and what risks exist, including smart contract and operational risks.

Why the platform matters

CoinMarketCap lists Axie Infinity as operating on the Ethereum platform. On Ethereum, smart contracts are programs that run on the blockchain and enforce token rules. That matters because governance and staking are not just social ideas, they are implemented through contract logic. If contract rules change or if there are technical issues, the holder experience can change too. Token tracking services also reference other networks in the ecosystem. Even when the token is present on multiple networks, the core concept remains: smart contracts and blockchain ledgers define how tokens can be used.

How to think about value

For many governance tokens, demand is tied to participation. If more people want to vote, stake, or otherwise use AXS within the ecosystem, that can support demand. At the same time, AXS is still traded like other crypto assets, so broader market sentiment can dominate in the short term. That is why you may see price moves even when the governance role has not changed. A useful approach is to separate two questions: what AXS is used for, and what people are willing to pay for it today. Understanding both helps you avoid mixing game utility with price expectations.

Understand Axie Infinity step by step

What is Axie Infinity?

If you want to learn about Axie Infinity, read all about it in the What is overview.

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    Axie Infinity (AXS) + kopen | o.a. iDEAL & SEPA | Coinmerce