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Axie Infinity - AXS/PLN

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Axie Infinity (AXS)

Axie Infinity is a blockchain-based game that combines NFTs, crypto payments, and a digital marketplace, all in one. Players can engage in Axie Infinity by creating a team of Axies, which are fictional creatures that battle each other across a wide variety of arenas and landscapes. Each Axie is an NFT, and user get to evolve their Axies and upgrade them throughout battles. Also, the in-game marketplace allows players to buy, sell, and trade Axie NFTs with the project’s AXS and Smooth Love Potion (SLP) crypto tokens. The project uses the Ronin Network, an Ethereum side chain to process transactions and power the Axie Infinity ecosystem. 

Axie Infinity was launched in 2018, but the AXS token was launched two years later in 2020, as an Ethereum-based ERC-20 token. The project started rapidly increasing in popularity after the token’s launch, thanks to the introduction of crypto economy within the Axie Infinity universe, allowing users to earn crypto while playing. At its peak in 2021, Axie Infinity had 2.8 million daily active users at one point.
 

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