Axie Infinity and AXS Token: Blockchain Gaming Governance and Investment Outlook

Background of AXS and the Axie Infinity Project

Axie Infinity is an Ethereum-based NFT pet battle game developed by the Vietnamese developer Sky Mavis. Players can collect, breed, and control virtual creatures called Axies. It gained immense popularity in 2021 with its Play-to-Earn model, creating one of the most successful Blockchain game ecosystems. AXS serves as the governance Token, used for community governance, staking, and game rewards, and supports the ecosystem’s operation alongside another token, SLP.

Token economic structure

The total supply of AXS is 270 million tokens, with a circulating supply of about 60% to 70%. The token distribution covers staking rewards (20%), game rewards (29%), team and advisors (21%), ecosystem fund (8%), private placement (11%), and public issuance (7%). Holders can lock up their tokens to gain governance rights and additional rewards, and the team is gradually promoting the expansion of virtual land and on-chain governance applications.

Market dynamics

The price of AXS is mainly influenced by the launch of the Alpha test for new games, the ecological expansion belonging to the Ronin network, and innovations in the Play-to-Earn model. Sky Mavis has shifted to a “Play-and-Own” model, emphasizing a sustainable economy, which has increased user participation.

Future Development and Investment Suggestions

As GameFi gradually warms up, AXS is expected to regain attention. Its year-on-year declining inflation rate and the staking and burning mechanisms promote the balance of token supply and demand. New investors are suitable for steadily accumulating through dollar-cost averaging, paying attention to the Ronin ecosystem and Axie program updates, and grasping long-term growth opportunities.