Axie Infinity


Summary

-Axie Infinity is a blockchain-based trade and battle game that is partially owned and operated by the players of the game
-It was created in 2018 by Sky Mavis (game studio) and co-founded by Trung Nguyen and Aleksander Larsen.
-It is an ERC-20 token based on Ethereum.

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Rating

BBB

Symbol

AXS

Overview

Axie Infinity is a blockchain game based on the enormously popular Pokemon video game franchise. It has an open-ended, customizable gameplay structure that allows users to gather various digital pets known as Axies, which can be grown, battled, and traded within the Axie ecosystem.
The platform is intended to be a fun, accessible, and instructive way to learn about blockchain technology's capabilities. The project team hopes to create a platform that combines the features of a social network and an employment platform by developing a robust community and play-to-earn options,

Historical Price Movement (in INR)

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Technology

Axie Infinity is a distributed application that uses bespoke smart contracts to run on the Ethereum Network, Loom Network, and Ronin Network. It leverages both Ethereum token standards ERC-20 and ERC-721. ERC-721 NFTs, stored in users' wallets, represent all unique in-game assets. SLP and AXS are fungible ERC-20 tokens used in the game. Since it's based on Ethereum, it uses solidity as its programming language. Use of Native tokens in the ecosystem: AXS is the native token of Axie infinity. AXS holders are a part of Axie's decentralized structure. They can help influence the platform's development by determining how treasury funds should be spent or allocated to the ecosystem fund

Private Sale

4%

Play to Earn

20%

Staking Rewards

29%

Team

21%

Advisors

7%

Ecosystem Fund

8%

Binance Launchpad

11%

Volume ( as of 11th april 2022)

$378,682,683

Total Supply

270000000 AXS

Circulating Supply

60,907,500.00 AXS

Funding

5/10/2021: Series B- $152M, 11/05/2021: Series A - $7.5M, 26/10/2020: Initial Coin Offering-NA, 7/11/2019: Seed Round - $1.5M 2/08/2019: Seed Round - NA

Country

Singapore

Name of Organisation

SKY MAVIS PTE. LTD.

Year Incorporated

2019

Registered Address

District 7 (Middle Road, Golden Mile)

Dispute Resolution and Governing Law

Singapore

Country Risk Assessment

A1

Founding Team
NameDesignationEducationExperience
Trung NguyenCo-Founder and CEOFPT University: Bachelor of Science (B.S.), Computer Software Engineering9 Yrs
Aleksander Leonard LarsenCo-Founder and COOBI Norwegian Business School: Economy and administration7 yrs
Links