Axie Infinity, a blockchain-based gaming metaverse created by Sky Mavis, allows users to breed and collect virtual creatures called Axies that may be used to compete in a turn-based card game. As ERC-721 non-fungible tokens (NFTs), Axies are one-of-a-kind digital assets with distinctive characteristics. Play-to-earn opportunities are prominently featured in the Axie Infinity game, and according to Sky Maven, this design has drawn a global player base who earn significant income from the metaverse. Axie Infinity's alpha version was released by Sky Mavis in 2019. In 2020, it conducted a token sale on Binance Launchpad for Axie Infinity’s native ERC-20 governance token: Axie Infinity Shards (AXS). A private token sale for strategic investors in the middle of 2020 came before this. Sky Mavis plans to use AXS as a progressive decentralization mechanism that will eventually let the Axie Infinity community to govern the metaverse, with access to governance participation dictated by an individual or organization’s AXS token holdings. You require an ETH wallet, such as Metamask, to participate in the Axie Infinity metaverse. Additionally, you must create a Ronin wallet and then deposit ETH there via Sky Mavis' Ronin bridge. Finally, you need to purchase at least 3 Axie NFTs from the Axie Infinity Marketplace in order to start playing.
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