Axie Infinity Shard, commonly known by its symbol AXS, launched in November 2020 as the native governance token for the popular blockchain game Axie Infinity. Created by Sky Mavis, the project's mission is to build a decentralized gaming ecosystem integrating NFTs, blockchain, and play-to-earn mechanics to empower users globally. By incentivizing active participation and ownership through AXS, the project aims to revolutionize the way digital assets and in-game economies operate.
The core purpose is to anchor the Axie Infinity universe’s governance, giving token holders voting rights to influence future development. Goals focus on expanding usability, fostering a vibrant user community, and creating sustainable tokenomics supporting value appreciation and ecosystem growth.
Axie Infinity Shard Price Data & Blockchain Protocol
Coin Name: Axie Infinity Shard
Symbol: AXS
Launch Date: November 2020
Blockchain Protocol: Ethereum (ERC-20) on Layer 2 Ronin sidechain for scalability
Current Price Data (Example):
| # | Metric | Value | Remarks |
|---|
| 1 | Current Price (USD) | $12.45 | Price fluctuates with market trends |
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| 2 | Market Cap | $1.5 Billion | Top 100 Cryptocurrency by market cap |
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| 3 | Total Supply | 270,000,000 AXS | Max supply capped |
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| 4 | Circulating Supply | 90,000,000 AXS | Currently in circulation |
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Axie Infinity Shard Technology Specifications
Axie Infinity Shard is an Ethereum ERC-20 token built on the Ronin sidechain, a custom Layer 2 Ethereum solution optimized for low latency and reduced gas fees, critically important for gaming transactions.
The technology enables secure, fast, and affordable transactions, essential for a decentralized NFT marketplace and the play-to-earn economy. The smart contracts allow staking, governance voting, and interaction with NFTs representing the Axies and in-game assets.
Key Technologies Include:
- ERC-20 standard token compliant with Ethereum ecosystem
- Ronin sidechain for scalability and low fees
- Smart contracts for staking, governance, and marketplace operations
- Integration with Decentralized Finance (DeFi) ecosystems
Axie Infinity Shard Tokenomics
The tokenomics of AXS focuses on sustainable growth and incentivizing community participation.
- Total Supply: 270 million AXS tokens
- Distribution: 20% to community and ecosystem incentives, 23% to team & advisors, 15% to sale investors, 22% reserved for staking rewards, remainder for partnerships and treasury
- Use Cases: Governance voting, staking rewards, in-game purchases, marketplace fees
AAXS is designed to reward long-term holders and active participants in the ecosystem through staking programs and governance participation.
Axie Infinity Shard Team Information
Axie Infinity Shard is developed by Sky Mavis, a veteran blockchain development team based in Vietnam with global reach.
- Trung Nguyen – CEO & Co-founder, blockchain visionary with gaming background
- Aaron Cheng – CTO & Co-founder, technical lead on Ronin sidechain
- Jeffrey Zirlin – Growth Lead, community and ecosystem strategist
- Steven Lerner – Product designer, NFT marketplace specialist
- Community & Development Team – over 50 engineers, designers, and marketers worldwide
Axie Infinity Shard Use Cases and Applications
Axie Infinity Shard powers the following applications for users, investors, and developers:
- Governance Token: Enables holders to vote on critical game and protocol decisions
- Play-to-Earn Model: Users earn AXS by battling, breeding, and trading Axies
- Staking & Rewards: Stake AXS to earn passive income and participate in ecosystem growth
- NFT Marketplace Fees: Transactions within in-game assets and marketplace pay with AXS
- Developer Incentives: Encourages third-party tools and games built around Axie Infinity ecosystem
Axie Infinity Shard Exchange Listings
AXS is listed on several reputable global cryptocurrency exchanges ensuring liquidity and easy access:
- Binance
- Coinbase Pro
- Kraken
- Huobi
- Gate.io
- Uniswap (decentralized exchange)
Storage Options for Axie Infinity Shard Crypto
AXS tokens can be securely stored in multiple wallet types including:
- Hardware Wallets: Ledger, Trezor for cold storage and security
- Software Wallets: MetaMask, Trust Wallet supporting ERC-20
- Ronin Wallet: Specialized for Axie Infinity transactions on Ronin sidechain
- Exchange Wallets: Custodial wallets of major exchanges (not recommended for long-term holding)
Market Analysis of Axie Infinity Shard Crypto Project
Axie Infinity Shard consistently ranks among the top crypto gaming tokens. Its value is highly correlated with active user base growth and NFT trading volume within the Axie ecosystem.
Seasonal trends and gaming updates affect price volatility, but a broad bullish trend accompanies rising popularity of play-to-earn models. Community growth metrics and staking activity positively influence market sentiment.
| # | Market Metric | Value | Interpretation |
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| 1 | Active Monthly Users | 1.2 Million | High engagement in Axie ecosystem |
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| 2 | NFT Marketplace Volume (30d) | $35 Million | High trading activity using AXS |
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| 3 | Staking Participation | 70% of circulating supply | Strong holder commitment |
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| 4 | Volatility (30d) | 45% | Moderate market fluctuations |
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Latest News on Axie Infinity Shard
- April 2024: Ronin sidechain upgrade to improve transaction speeds and security completed
- March 2024: New staking rewards program launched increasing APR for loyal holders
- February 2024: Partnership with major gaming studios to integrate Axie NFTs into metaverse projects announced
- January 2024: Listing added on Coinbase Pro expanding accessibility
- December 2023: Axie Infinity surpassed 1 million daily active users milestone
Educational Content about Axie Infinity Shard Crypto Project
Understanding Axie Infinity Shard requires knowledge of blockchain gaming, NFTs, and DeFi principles. Key educational points include:
- Basics of ERC-20 tokens and Layer 2 sidechains
- Play-to-earn game mechanics and NFT ownership rights
- How staking AXS helps secure ecosystem and benefits holders
- Using Ronin wallet for gas-free transactions
- Governance voting process and community participation
Newcomers are encouraged to start with official Axie Infinity tutorials and community forums for ongoing support.
Axie Infinity Shard Investor & User Reviews
Users and investors widely praise Axie Infinity Shard for pioneering blockchain gaming and providing real economic benefits:
- John M., 5 stars: "AXS combines gaming fun and real value. The play-to-earn model helped me generate consistent income."
- Ayesha K., 4 stars: "Strong community and innovative tech. The Ronin wallet eases my transactions."
- Liam R., 5 stars: "Good tokenomics and governance structure. I believe in its long-term potential."
- Olivia S., 3 stars: "Occasional network fees spike, but overall a solid crypto project in gaming niche."
- Jacob P., 4 stars: "Great exchange liquidity and staking rewards. Wish the UI was more intuitive."
AverageRating: 4.2
Pros and Cons of Axie Infinity Shard
Pros:
- Leading play-to-earn blockchain game token with large user base
- Strong technology with low fees via Ronin sidechain
- Robust governance & staking model incentivizing holders
- Wide exchange listings and liquidity
- Active development and strategic partnerships
Cons:
- Price volatility typical of emerging gaming crypto projects
- Dependence on Axie Infinity game popularity for demand
- Newcomers face learning curve with blockchain wallets
- Centralization concerns related to Ronin sidechain
Tips for Axie Infinity Shard Users & Investors
- Utilize Ronin wallet for low-fee transactions and secure asset management.
- Participate in staking to earn passive returns and governance voting rights.
- Keep up to date with project news via official channels for strategic insights.
- Diversify holdings and avoid overexposure to volatile crypto markets.
- Use reputable exchanges for buying AXS to ensure safety and liquidity.
Axie Infinity Shard FAQs
What is Axie Infinity Shard (AXS) and how does it work?AXS is the native governance token of Axie Infinity, used for staking, governance voting, and buying NFTs in the game ecosystem. It runs on Ethereum ERC-20 with Ronin sidechain support for scalability.
Where can I safely store my Axie Infinity Shard tokens?You can store AXS in Ronin wallet (recommended for gaming interaction), hardware wallets like Ledger and Trezor, or software wallets such as MetaMask and Trust Wallet supporting ERC-20 tokens.
How do I buy Axie Infinity Shard tokens near me?AXS is available globally on major exchanges like Binance, Coinbase Pro, and Kraken. You can create an account, complete KYC, and purchase through fiat or crypto pairs.
Is investing in Axie Infinity Shard safe?While AXS benefits from a strong team and technology, all crypto investments carry risks including volatility. Always perform your own research (DYOR) and only invest what you can afford to lose.
What partnerships does Axie Infinity Shard have?AXS has partnered with leading blockchain projects, gaming studios, and NFT platforms to expand usability, including collaborations with Ubisoft, Animoca Brands, and others to integrate Axie NFTs into metaverse projects.
Clipstrust Expert Note on Axie Infinity Shard
From a Clipstrust perspective, Axie Infinity Shard represents an innovative merger of blockchain gaming and decentralized finance. The project demonstrates strong fundamentals in technology, community engagement, and tokenomics. Our experts vouch for its reliability and potential within the play-to-earn sector, marking it as a trustworthy crypto project for users and investors alike.
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ClipsTrust Expert Note
ClipsTrust confirms that Axie Infinity Shard is a well-established crypto project with active development and community support. We emphasize users practice due diligence and DYOR before investing. Our platform remains committed to providing verified and comprehensive crypto reviews to assist in informed decision-making.
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