What is Axie Infinity?

Axie Infinity is where cryptocurrency meets gaming. Axie's mission is to bring blockchain technology to the masses in a fun way. It's a play-to-earn crypto built on the Ethereum (ETH) network. Users can earn the Axie Infinity Shard token (AXS) and the other in-game token, Smooth Love Potion (SLP) in several ways.

How many Daus are there on Axie?

Sky Mavis, the developer behind Axie Infinity and Ronin, highlighted that the number of daily active users (DAUs) on Axie has fallen 45% to 1.48 million from a peak in November. The latest tally is for the week ended March 28, or a day before the $600 million Ronin hack was discovered.

What's new in the AXIe update?

A new update patch has recently been released by the Axie team that includes significant new changes such as fixing existing bugs and errors as well as improvements in the overall layout of the game. Aside from this, another update concerns Smooth Love Potion supply and demand.

Is Axie a good investment?

Billionaire and crypto enthusiast Mark Cuban joined Axie's latest funding round in which it raised $7.5 million. But that big jump in price makes it feel more of a flash in the pan than a long-term investment. Here are some of the biggest Axie-specific risks: Axie may experience more server issues or face different technical problems.