Sentiment Neutral
Fundraising Statistics
$6.14 +2.91%
$0.1
Short Review Axie Infinity
Crypto project Axie Infinity (AXS) is classified as a Gaming. Axie Infinity is a Utility token that is hosted on the Ethereum Network. The current total supply is 270.00 M AXS (Circulating Supply + Tokens yet to be released - Burned Tokens). A total of $2,970,000 (11% of total tokens) have been allocated for the public sale. The level of social activity of the Axie Infinity project is assessed as Medium.
Axie Infinity ICO Overview
Public sale of tokens will take place on the Binance Launchpad. Estimated date for the public token sale: 4 November 2020. Axie Infinity (AXS) price during the token sale: 0.1 USD. Min/Max Personal Cap: $200 / $200. You can purchase project tokens for USDT
Residents of the following countries will not be able to participate in the public sale of tokens: Australia Canada China Crimea Cuba Hong Kong Iran Syria USA
AXS Price Chart
The launch of AXS token trading took place on 4 November 2020.
Fundraising Rounds
Total sold 40.50 M AXS tokens (0.15% of total tokens). Total amount of funds raised by the Axie Infinity project is $162.83 M.
Investment Round | Date | Price | Funds Raised |
Funding Round | April 2022 | -- | -- |
Series B Round | October 2021 | $11.10 | $150.00 M |
Series A | May 2021 | -- | $7.50 M |
Binance Launchpad | November 3, 2020 | $0.10 | $2.97 M |
Private Sale | May 2020 | $0.08 | $864,000.00 |
Seed | November 2019 | -- | $1.50 M |
Axie Infinity Investors
Axie Infinity cryptocurrency
Axie Infinity is a GameFi project founded on the Ethereum blockchain, in which players own, breed and sell creatures called Axies. Axis are small monsters made up of six randomly selected body parts. In addition to collecting Axis, players can also assemble a team of three creatures and fight other players' teams to gain experience and SLP (Small Love Potion), a token that is used to breed Axis. Building on the success of other creature collecting games like Pokemon, Jade Cocoon, and others, Axie Infinity offers a new twist: Each Axie is a non-fungible token that can be bought and sold, allowing players to profit from their hobby. The pool of parts for creating creatures is huge, providing an infinite number of possible combinations, making each Axi unique. However, creatures with rare and powerful parts are not easy to obtain, so players are encouraged to trade with each other. They also intentionally breed their Axis with other players' creatures, since each Axis can only be bred seven times. However, the main token of the Axie Infinity game is AXS (Axie Infinity Shard), an ERC-20 governance token. Players can use this cryptocurrency in the Axie Infinity NFT marketplace to purchase axes, eggs, or in-game furniture items, and can also use it to influence the future development of the game by voting on how funds will be distributed. It is also planned to introduce staking with AXS tokens in the third quarter of 2021 in accordance with the project roadmap. Last but not least, AXS holders will receive dividends from the community treasury in the future.
Axie Infinity (AXS) Review
Axie Infinity was created by Vietnamese developer Sky Mavis in 2018. The founders of the project are programming and startup prodigy Trung Thanh Nguyen, avid and passionate gamer Alexander Leonard Larsen, and Yale graduate and one-time professional World of Warcraft player Jeffrey Zirlin. They met through CryptoKitties, another Ethereum-based game, and came to the conclusion that the project was far from sustainable. This is how the idea of Axie Infinity was born: a game aimed at a specific niche of the cryptocurrency market, with a sustainable economic model and a thoughtful development plan. If you look at the Axie Infinity white paper now, you will see that Sky Mavis has been bringing its ideas to life for 2.5 years. The game has won the love of thousands of people and continues to amaze the world, the most precious thing at the moment. was sold for 300 ETH in 2020, and a plot of land was sold for 888 ETH (about $1.5 million at the time).
Advantages of Axie Infinity (AXS)
- A game that makes money. Axie Infinity has helped many people earn income and continues to do so . The game is very popular in the Philippines, Brazil, Venezuela and other developing countries.
- ERC-20. AXS is an ERC-20 token, many popular and reliable crypto wallets support this format, therefore, storing and transferring AXS is very simple.
- More than a hobby. At first glance, Axie Infinity is a typical creature collecting game, much like Pokemon, but with combat mechanics that similar to Hearthstone. However, this is a very serious cryptocurrency project hidden behind a kawaii façade. Axie Infinity not only provides players with entertainment and income, but also allows them to take their first steps in the crypto world. Gaming is no longer just a hobby, it can be a source of both knowledge and income.
Disadvantages of Axie Infinity (AXS)
- High barrier to entry. In order to start playing the game, you need to buy three Axes on the marketplace. The game has been out for three years now, and prices for even low-end Axies are high, starting at around $250. This makes it difficult for new players to enter the game and therefore participate in the AXS circulation. There is a fellowship program where mentors lend scientists Axies they don't use in exchange for 40% of the profits they make. This helps in this situation, but the need to create this program in the first place arose because Axies became too expensive for beginners.
- Unexpected growth. Axie Infinity brought explosive popularity She has both success and problems. As the number of players and load on game servers has increased recently, people have started complaining about recurring connection issues. This could be an example of a game that is still growing in popularity, its economic model or workflows are innovative and planned in advance, but have not been stress tested.