![]() If collectors shift their attention to other NFTs, investors could lose interest in the company's AXS coins. AXS tokens have experienced huge price swings in the past, and could certainly see similar moves in the future.Īdditionally, Axie Infinity's token could be vulnerable if interest in buying and selling the company's Axie NFTs drops off. Valuations tend to be very volatile and can often rise and fall on little, or sometimes no, news. Keep this in mind before investingĪlthough Axie Infinity is a truly intriguing play in cryptocurrency, investors should keep in mind that investing in any coin right now comes with a lot of uncertainty. Swap AXSet Axie Infinity Shard (Portal from Ethereum) Coin Daily Price Performance AXSet Market Statistics AXSet Pairs & Trading Markets Top 10 holders of. ![]() But, if not then, just forget about it for a while, probably for the year. But the early success of Axie Infinity shows that there's certainly a lot of money to be made from digital collectibles - and that none are worth more right now than Axie Infinity's NFTs. Answer (1 of 6): If you have long-term goals for the same then, it is a profitable subject. The mechanisms described above have two main goals: To reward players for interacting with Axie Infinity while simultaneously incentivizing them to hold on to their tokens so they can claim additional rewards. After all, NFTs didn't even exist a few short years ago. Our goal with Axie Infinity Shards is to align the incentives between the players of the game and the developers in novel and exciting ways. There's no telling how big the NFT market will get or where it's going. That's a staggering amount, accounting for nearly the same amount of sales from the next two NFT marketplaces combined, according to Dappradar. To date, $2.5 billion worth of NFT sales have occurred through Axie Infinity. The token tracker page also shows the analytics and historical data. The concept may seem a little crazy, but Sky Mavis has already attracted well-known investors such as billionaire Mark Cuban.Īxie Infinity has exploded in popularity, with daily active users skyrocketing more than 5,000% in just six months currently.Īxie Infinity players can buy, sell, earn, trade, and breed their Axie creatures, which has created a burgeoning market for these digital collectibles. Axie Infinity Shard (PoS) (AXS) Token Tracker on PolygonScan shows the price of the Token 0.00, total supply 3,523.429568879723759815, number of holders 1,726 and updated information of the token. The game uses non-fungible token (NFT) monsters that can be bought, sold, traded, and bred to battle each other and earn digital tokens. We'll get into the nitty-gritty reasons why AXS is so unique shortly, but two of the most important things potential investors should know about this cryptocurrency is that it's earned by playing the Axie Infinity game, and that it can be exchanged for real money. Axie Infinity is the brainchild of Vietnam-based developer Trung Nguyen, who launched the game in 2018 and co-founded the game developer company Sky Mavis. That's right, there's a cryptocurrency called Axie Infinity Shards, or AXS ( AXS), that users can earn when they play an online video game called Axie Infinity. Many crypto websites are laden with jargon and so much technical terminology that it turns off potential investors.īut there's a coin based on something that more than 1 billion people around the world already understand: video games. I’m still optimistic about this game.Cryptocurrencies can be a hard to understand. I also like how user friendly it is, with all the scholar tracker and team matching features.Įven if Axie Infinity isn’t as popular as it once was, I think this is a good opportunity for new players like me to start with lower entry requirements. It’s more like a pairing platform for scholars and managers, and you don’t need to pay Earn anything, so literally more money in my pockets. Are you thinking about adding Axie Infinity Shards (AXS) to your cryptocurrency portfolio View AXSs latest price, chart, headlines, social sentiment. That being said, the guild does support more games like Thetan Arena, Mobox, and the Sandbox etc so it’s more flexible for playing multiple games.Įarn Alliance: a relatively new platform, it appears to only support Axie Infinity at the moment, but it’s 100% FREE. YGG: I guess you could never go wrong with big guilds like YGG, but with Axie being more affordable now (i think it’s around $15 now vs $1000 at its golden age), I don’t see the need to rely on YGG on borrowing an Axie team. Have been looking at several scholarship programs and struggling between big guilds like YGG and new platforms like Earn Alliance. Lucky investors who bought 1,000 worth of Axie Infinity Shards ( AXS) last November now have an investment valued at a stunning. Axie Infinity has seen a significant decline recently, actually making it easier for time-rich, money-poor ppl like me to start, but I still don't want to take risks. Axie Infinity is a great game backed by severely overvalued tokens.
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