What is Axie Infinity and how did It become the Most Popular Ethereum-Based Game in 2021?

Axie Infinity is a Play to Earn game, powered by blockchain technology, that has been stated to be inspired by the hugely popular Pokemon games.

Axie Infinity is a fantasy world with flexible gameplay, allowing players to collect all kinds of digital pets called Axies. Players can Trade, Battle, and Raise their Axie pets through the constantly expanding and evolving ecosystem. The platform has been designed as an accessible educational and fun game that has only scratched the surface of the potential blockchain capabilities within gaming.

History

In August 2021, Axie Infinity climbed the charts to become the most popular Ethereum-based game when looking at the weekly on-chain trading volume. Further to this, Axie Infinity can be said to be one of the top three most popular dApp games by user count. Build up a collection of Axies to use across the ever-expanding ecosystem.

Play & Earn Model and Gameplay

Many blockchain games have the aim of innovating and revolutionizing the gaming industry. Whilst many conventional games require the player to pay for the content, Axie Infinity has designed a different model where the players Play & Earn. By playing the game users can earn AXS tokens which may be sold on the open market or used to decide the direction and future of the game.

Each Axie has four different stats which are Morale, Health, Skill, and Speed. Each of these stats determines who attacks first, how much damage the Axie pet can take as well as how much damage the Axie can do. Players can increase these battle stats with unique items in the form of ERC-721 Non-Fungible Tokens (NFTs). These tokens may be purchased or traded on the marketplace.

Players of Axie infinity can participate in quests to earn SLP currently, however, there are plans to introduce a PVP Battle Arena along with an Adventure Mode.

Team Members

The Axie Infinity project and game have been developed by Sky Mavis, a technology-focused game studio founded in 2018. The team has been stated to hold 40 employees headquartered in Ho Chi Minh City in Vietnam.

Trung Thanh Nguyen — CEO — Previously the CTO and co-founder of Lozi.vn, Nguyen left once this became a stable business to work on different projects such as Axie Infinity.

Aleksander Leonard Larsen — COO — Larsen has been assigned the responsibility of business relationships and activity. With vast previous experience working with the blockchain industry and gaming connections, Larsen is an ideal candidate for the team.

Tu Doan — Art Director and Game Designer — Doan runs the art team in Vietnam and designed the original Axies. He also takes a lead in the art directions and many of the games design concepts.

Andy Ho — CTO — As the CTO, Ho leads the engineering operations team with responsibility for technical strategy. With previous experience working as a software engineer at Anduin Transactions, as well as Good and Paypal, he has extensive experience to bring strong development to the project.

Jeffrey Zirlin — Growth Lead — Reportedly known within the team as “Jihoz”, Zirlin is responsible for the growth and development of their community.

Roadmap

Q4–2017 — Concept, Idea, and Development Begins.

Q1–2018–900 Ethereum ETH Raised in Origin Axie Presale, In-House Axie-NFT Marketplace Released.
Q2–2018 — Breeding Game Released.
Q4–2018 — Idle Battle Game Released.

Q1–2019–3200 Ethereum ETH Raised through First Land Sale.
Q2–2019 — In-House Land/Item-NFT marketplace on ETH Layer 2 Released.
Q4–2019 — Unified Land and Axie Marketplace Launched, Community Alpha.

Q1–2020 — Land and Items Migrated to Ronin.
Q2–2020 — Mavis Hub Released, All Land in Q1 Sold Out Raising 4600+ ETH, Axie Infinity Participates in Ubisoft Entrepreneurs Labs.
Q3–2020 — Ronin Sidechain in Test Net, Land Gameplay Internal Alpha.

Q1–2021 — Ronin Mainnet Launched.
Q2–2021 — Axies Migrated to Ronin, Fiat on-ramp Added to Ronin.
Q3–2021 — AXS Staking Launched.
Q4–2021 — Katana Decentralised Exchange Launched.

Forecast for 2022 — Land Gameplay Community Alpha, $AXS Ecosystem Begins with Governance and Play to Earn Features, Mainstream release of Axie Infinity on iOS/Android, Land Gameplay, Lunacia SDK Alpha.

Where to Store Axie Infinity (AXS)?

Axie Infinity provides its own wallet called the Ronin Wallet. This wallet service act as a ‘boarding pass’ to the digital nation and game. The Ronin Wallet can be downloaded to a mobile device through the Google Play store or App Store, or as a browser extension through Chrome, Firefox and Edge. The wallet can hold both Ethereum (ETH) and NFTs such as Axies and items.

Axie Infinity (AXS) can also be held within our BC Bitcoin Coin Storage service.

Where to Buy and Sell Axie Infinity (AXS)?

Axie Infinity can be purchased through BC Bitcoin against major currencies GBP and EUR along with exchanging for any listed cryptoassets.

Axie Infinity (AXS) Resources

Website: https://axieinfinity.com/
Twitter: https://twitter.com/AxieInfinity
Medium: https://axieinfinity.medium.com/

Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers' responsibility to complete their own research and due diligence.