What is Axie Infinity (AXS)?

Axie Infinity is built on the Ronin Network, an Ethereum-linked sidechain developed by Sky Mavis. The game's official Cryptocurrency is "Axie Infinity Shards/Token" or AXS for short. [9] The game's secondary token, SLP, crashed in February 2022 amid a wider NFT and cryptocurrency crash, losing over 99% of its peak value. [10]

Is Axie Infinity dying out?

Axie Infinity received its Origin update and Sky Mavis continues to support the game. As a game, it is unlikely that Axie Infinity will die out anytime soon. But if you wish to invest your time or money into the game in hopes of returns, there is a noticeable decline that you should be wary of.

What cryptocurrencies do you need to play Axie Infinity?

There are two special cryptocurrencies used in the game: The main token, Axie Infinity Shards (AXS), can be bought and sold on exchanges like Coinbase. You need some AXS to play the game, but you can also trade AXS like Bitcoin or Dogecoin or any other major crypto.

What is Axie?

Axie is a new type of game, partially owned and operated by its players. Earn AXS tokens by playing and use them to decide the future of the game! Build unstoppable teams of Axies and conquer your enemies! Each Axie has unique strengths and weaknesses based on its genes.