What is Axie Infinity?

Symbol: AXS · Market cap rank: #174

Short answer

Axie Infinity (AXS) is a cryptocurrency currently ranked #174 by market capitalisation.

Source: isthiscoinascam.com

Overview

Axie Infinity features AXS as its governance token, allowing holders to participate in decisions regarding the game's development and direction. This governance model contrasts with traditional gaming, where developers typically make all decisions.

Token holders can also stake AXS to earn additional tokens and vote on governance proposals. The specific technical architecture and supply cap of AXS are not detailed in the source.

Scam-risk analysis

Axie Infinity is rated BBB on isthiscoinascam.com. Is Axie Infinity a scam?

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