BitWell Research- Axie infinity(AXS) Project Analysis

  1. Brief comment

AXS is the leading project of blockchain games and metaverse, the project has a subtle economic model set to maintain the output and consumption of tokens, with world-renowned partners: Samsung, Ubisoft games, HTC, MakerDao, kakao, etc.

2. Project description

Axie Infinity is a popular game on Ether that allows players to collect, breed, raise, fight and trade token-based creatures called Axies. it currently has 140,000 Axies, each with unique characteristics that determine the Axie’s behavior on the battlefield. Each Axie is an irreplaceable token (NFT) with different properties and advantages.

It is worth mentioning that as a game Axieinfinity has more than 3 times Arena Of Valor: 5v5 Arena Game. As an on-chain project, its fees exceed those of Bitcoin and Ether. The threshold of about $1500 is able to achieve the amazing data of 250,000+ daily active players, making it a blockchain game and NFT masterpiece.

3. Token role

Staking: Users will be able to pledge AXS tokens to receive weekly rewards.

Payments: Players can use AXS tokens to make various in-game payments.

Governance: AXS token holders will be allowed to pledge tokens to participate in platform governance voting.

4. Token allocation

Total Supply: 270,000,000

5. Investment institutions

Blocktower Capital、Konvoy Ventures、Libertus

Basic Info

Token: AXS

Website: https://axieinfinity.com/

Contract Address: https://etherscan.io/token/0xbb0e17ef65f82ab018d8edd776e8dd940327b28b

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