The cryptocurrency field is evolving, welcoming more and more new projects that bring so many benefits, expanding the industry, and allowing to generate income. Such projects as metaverses, blockchain games, DeFi platforms and NFT marketplaces are gaining momentum in the last few days. Their popularity level has not yet reached its peak, making this field especially attractive for early investors.
How did Gameplay Change?
We used to play computer games where the purpose was to receive scores for achievements and each next level passed. Now is the era of blockchain games, where players have a much bigger motivation to pass game levels because they receive in-game tokens in return. Users can then withdraw earned crypto and use that money in the real world. That is called the “play-to-earn” mechanism. One of the brightest representatives of blockchain games is Axie infinity.
What is EXS Coin?
Inspired by a popular Pokémon game, the Axie developers created the platform that uses NTF tokens as rewards for gameplay. Axie infinity coin is the token used in the gameplay and as a player reward.
The main idea of the game is to collect and breed cute little NFT creatures, creating new NFTs. Those creatures are used for battles and trading. Players can also use land and plots, thus expanding the Axie world and contributing to its development.
Here are some crucial components of the game:
- NFTs used for battles and creation of new NFTs
- Trading and collecting NFTs
- Breeding
- Renting lands and plots.
The Axie game community is growing and constantly expanding as new users join the platform. The more players join it, the higher the EXS token price. So with the incredible popularity of the Axie game, its token has all the chances to gain value. The Axie infinity coin all-time high was fixed at $165.37. As of October 2022, the price of AXS token is around $8.
Advantages of AXS token:
- Limited supply
- Fair market price
Disadvantages of the token:
- High initial cost to enter the game
- Limitations on daily earning AXS token.
Considering all the Axie infinity disadvantages, it is still worth buying Axie infinity coin because this game is still incredibly popular.
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