AXS/USD: Convert Axie Infinity (AXS) to United States Dollar (USD)

Axie Infinity is a blockchain-based game that allows players to collect, breed, raise, battle, and trade token-based creatures known as Axies. Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity offers a unique gaming experience where players partially own and operate the game. Each Axie is a non-fungible token (NFT) with different attributes and strengths, and can be entered into 3v3 battles. The Axie Infinity ecosystem also has its own unique governance token, known as Axie Infinity Shards (AXS), which are used to participate in key governance votes and give holders a say in how funds in the Axie Community Treasury are spent.

The gameplay of Axie Infinity revolves around fighting and breeding Axies. Players need to have an Axie to join the battle and select Adventure Mode (PvE) or Arena Mode (PvP). Axies can be bred, but each Axie cannot be bred more than 7 times. The game also features a marketplace where players can trade their Axies and land plots. A key feature of Axie Infinity is community engagement, where each member contributes, participates in governance, and generates content. To solve the scalability problem, Axie Infinity created its sidechain on Ethereum called Ronin Network, ensuring instant transactions not involving the Ethereum blockchain.

Axie Infinity aims to create an ecosystem of amazing Axie gaming experiences with community and player-owned economies as foundational pillars. It seeks to deliver property rights to all users of the internet, starting with gamers. Axie Infinity is a digital nation where people globally come together to play, work, and make lifelong connections. The game also aims to onboard the world to Web3, making crypto nostalgic, educational, and immersive. The game is built by developers and players working together through aligned incentives.

Axie Infinity was created in 2018 by Sky Mavis, a technology-focused game developer with a team primarily based in Vietnam. It was co-founded by Trung Nguyen and Aleksander Larsen. Trung Nguyen is the current CEO of the platform, and Aleksander Larsen is credited as a co-founder and COO of the platform. The Axie Infinity team consists of 25 full-time employees, many of whom have experience with game development. The native ecosystem token, Axie Infinity Shard (AXS), was launched in November 2020. AXS is the central mechanism for running the Axie Infinity game. Players can buy, trade and earn tokens simply by playing it.