By 2021 it is possible to earn money by raising digital pets.

The world in which we live is changing little by little towards digitalization and orientation towards abstract and virtual things rather than traditional materialism.

Recently, the non-fungible NFT tokens, which are digital tokens based on the “ERC-721” standard, have emerged on Ethereum.

These codes are unique and cannot be replaced.

The demand for these symbols increased and their value became high thanks to the large demand for them against the scarcity of their supply.

Axie Infinity is a blockchain game that combines Pokémon and CryptoKitties.

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According to the concept created by CryptoKitties, Axie Infinity is an Ethereum-based collectible game that has been growing and developing since 2018.

The game is the brainchild of Vietnam-based startup Sky Mavis, which started as a passion project and has grown into one of the most popular Ethereum games.

The game “Axie Infinity” is a digital currency called “Axie Infinity Shard”, abbreviated as “AXS”.

AXS is an ERC-20 governance token that was launched in November 2020.

AXS Coins can be bought, traded or earned by playing the game.

What is Axie Infinity?

In the digital game “Axie Infinity”, the game characters are called “Axies”.

These characters are NFT tokens that players can play with and control.

It can also be stored in a personal wallet, transferred to other Ethereum addresses, or traded with other players using a blockchain-based marketplace.

Apart from the players “Axies”, the game also features virtual land and items, and “ERC-721” tokens can also be bought and traded.

Within the game’s ecosystem, players can use teams and formations in adventure mode to fight monsters in the kingdom of “Lunacia”, one of the kingdoms of “Axie Infinity”.

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He can also choose the mode to fight other realistic Axie trainers.

When you win, you get an asset called SLP, which is used to breed Axie.

“SLP” is also an ERC-20 cryptocurrency that can be traded on exchanges like Binance.

With the high price of “Axie” and the rise in gas prices on Ethereum, the entry of new players to start playing has become very expensive.

Axie multiplication requires gas, the Ethereum side network Ronin, specially designed for Axie Infinity, can mitigate the high Ethereum fee.

What is the digital currency “AXS”?

The AXS cryptocurrency is relatively new in the world of “Axie Infinity” that was released in November 2020.

AXS holders will be able to use the coin to stake “stacking” and receive AXS by voting and playing.

These rewards come from the Community Treasury, which is filled with in-game purchases.

As of January 2021, these Community Vault features and caching features are not yet implemented.

The total supply of AXS cryptocurrency will be 270,000,000 AXS.

Some of the AXS cryptocurrencies are for public sale, some to gain features and some to Sky Mavis and project advisors.

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The initial offer on the first public sale was just under 60,000,000 AXS, and the number of AXS coins issued annually is expected to increase until 2026.

AXS Cryptocurrency Use Cases:

“Axie Infinity” wants to be a mature game that gets players addicted to it.

The game has a strong community and a thriving ecosystem.

For fans of Pokemon or Final Fantasy, Axie Infinity offers a similar gaming experience.

As of February 2021, there are over 27,000 players in Axie Infinity.

If the game can gain a larger player base, it will definitely add more value to its ecosystem.

By playing the “Axie Infinity” game, players can earn both “AXS” and “SLP” tokens by different means.

These digital currencies can then be exchanged for other cryptocurrencies and thus benefit from them.

There are already players who earn money playing Axie Infinity.

A Crypto game similar to Pokemon now offers players the possibility to earn real gold

How to store AXS digital currency:

Since AXS is an ERC-20 cryptocurrency, it can be stored in any ERC-20 compliant software wallet such as Trust Wallet, Coinomi and Exodus, in addition to hardware wallets such as “Trezor One” or “Ledger Nano X”.

in conclusion:

The future of AXS is based on the playability and popularity of Axie Infinity.

Where the greater the popularity of the game, the greater the trading volume of the digital currency “AXS” and the greater the demand for it, and all of this can contribute to the high price of the currency.

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