Blockchain has a wide application scope, encompassing finances, business processes, metaverses, games, etc. When picking a crypto project for investment, you may diversify your portfolio, adding the most popular coins such as BTC, ETH, and less-known tokens or well-known but in narrow circles. Today we would like to talk about Axie Infinity.
What is Axie?
It is a blockchain game platform allowing its players to enjoy the game flow and receive AXS tokens for progress. In addition, the AXS coin has the following applications:
- with it, you can create NFTs;
- you may collect them;
- you can trade AXS;
- you can arrange battle competitions.
Axies look like cute little creations you can collect and breed in the game. The Axie Infinity platform created a buzz in the crypto society when it appeared, and there were many players. The more players the game has, the more they buy AXS tokens. Axie Infinity is the leader among NFT games in the market. As of mid-November 2022, one AXS coin costs $7.03.
If the project keeps developing, it will have big changes to expand the community of active players and token holders; thus, its price will grow.
Some interesting facts about Axie Infinity:
- During the coronavirus pandemic, many people lost jobs, and many started to earn while playing Axie Infinity.
- Over 40% of participants come from the Philippines
- Played can take a loan on the Axie Infinity platform and buy tokens for it
- During a cyber attack, hackers managed to steal $625 million in Ether.
By the way, the hacker attack hit the Axie Infinity project, and it faced a difficult time.
If you want to buy AXS coins feel free to use the WhiteBIT cryptocurrency exchange. It offers over 450 trading pairs and a huge level of safety for transactions. The WhiteBIT interface comes in two versions, one for advanced traders and another for novice users. Learn more about crypto investments on the WhiteBIT blog.
