Axie Infinity Token Swap

Published on: 30.05.2021

A coin swap is a process of migration a cryptocurrency from one blockchain to another. Such a process may be due to hard fork or the mainnet launch. Holders need to follow recommendations for a successful swap in order not to lose the cryptocurrency.

Axie Infinity is a Pokémon-inspired universe where anyone can earn tokens through skilled gameplay and contributions to the ecosystem. Players can battle, collect, raise, and build a land-based kingdom for their pets. Axie is ranked the #1 Ethereum game by daily, weekly, and monthly active users. It has generated over 6,400 ETH in revenue (2M+ USD) so far.

Axie Infinity is structured as an open-ended digital pet universe. The Axie core team will build functionality for the game assets associated with the Axie brand in concurrence with the community. The Axie universe must be fun above all else; only by having an immersive gaming experience can the ecosystem attract enough participants to accrue value to the network.

Axie Infinity Shards(AXS) are an ERC-20 governance token for the Axie Universe. AXS holders will be able to claim rewards if they stake their tokens, play the game, and participate in key governance votes. Players will also be able to earn $AXS when they play various games within the Axie Infinity Universe and through user-generated content initiatives.

Roadmap

  • Q3 2021: $AXS staking

  • Q4 2021: Land Gameplay Community Alpha

  • Late 2021 / Early 2022: $AXS ecosystem begins

    • Governance

    • Play to Earn

    • Mainstream release of Axie Infinity on iOS/Android

  • First half 2022: Land gameplay

  • Second half 2022: Lunacia SDK Alpha

Completed Milestones as of 2020

  • May 2020: Mavis Hub released

  • May 2020: All land in Quarter 1 sold out – 4600+ ETH raised.

  • June 2020: Axie Infinity participates in Ubisoft Entrepreneurs Lab

  • July 2020: Ronin Sidechain in test net

  • August 2020: Land gameplay internal alpha

AXS holders can stake their tokens through the staking dashboard and participate in governance votes. These votes will revolve around which teams should receive funding from the ecosystem fund, and how the Community treasury should be distributed.

Staking AXS

AXS staking acts as an incentive for holding AXS and supporting the ecosystem. Stakers receive freshly issued AXS and will be able to signal their support for various proposals to improve Axie Infinity. AXS stakers will eventually direct usage of The Community Treasury.

ABOUT AXIE INFINITY

Axies are fierce creatures that love to battle, build, and hunt for treasure. Players can build up a collection of Axies and use them across an ever expanding universe of games. Axie Infinity uses cutting edge technology called Blockchain to reward players for their engagement.

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