Overview
Axie Infinity, created by Sky Mavis, is an NFT-based online video game where users collect and battle creatures known as Axies. Each Axie is a unique digital asset stored on the blockchain, with individual attributes encoded in its genetic data. Players use Axies in various game modes, from battling in the arena to participating in tournaments, allowing them to earn rewards and level up. Axie Infinity operates on a play-to-earn model, allowing players to gain in-game rewards that can be exchanged for real-world currency.
Gameplay
The gameplay in Axie Infinity revolves around collecting, breeding, and battling Axies. Players engage in strategic, turn-based battles, earning rewards such as Smooth Love Potions (SLP) used for breeding. Each Axie has unique parts and abilities, creating varied combinations and playstyles. Breeding Axies also adds depth to the game, as players can create new, customized Axies with specific traits for strategic advantages.
Tournaments and Esports
Axie Infinity actively promotes competitive play and tournaments, contributing to the game’s expansion into the esports domain. These events encourage player engagement, offering rewards to top-ranking participants and allowing the community to develop around a shared competitive experience
Economic Model and Tokenomics
Axie Infinity employs a dual-token economy using Axie Infinity Shards (AXS) and Smooth Love Potions (SLP). AXS is the governance token, providing holders with voting rights and staking opportunities, while SLP is used primarily in the breeding process. The game’s economic structure includes various allocations and lock schedules for AXS tokens, designed to encourage long-term engagement and sustainable growth. Notably, 20% of the AXS supply is allocated for play-to-earn rewards, distributed over a 65-month period
Play and Earn
The “Play and Earn” model incentivizes players to participate in battles, breed Axies, and interact with the marketplace, rewarding them with AXS. This model is foundational to Axie’s player-owned economy, fostering community growth and participation
Community and Decentralization
The community around Axie Infinity is one of the largest in the NFT gaming space. Sky Mavis has engaged the community through initiatives like the Axie Builders Program, allowing third-party developers to contribute to the ecosystem. Axie’s roadmap envisions gradual decentralization, empowering community governance through an AXS-staking system and other experimental governance models
Technology and Infrastructure
Axie Infinity leverages the Ronin sidechain, an Ethereum-linked network that improves scalability and reduces transaction fees. The Ronin sidechain allows for fast and efficient transfers of Axies and related assets, crucial for scaling user activity. Ronin also supports Axie’s decentralized vision, providing a framework that enables more community-driven control as the game’s governance progresses.
Smart Contracts
The Axie Infinity platform operates on Ethereum-based smart contracts for secure ownership of Axies and in-game assets. The game’s open-source architecture further allows developers to build on top of the Axie ecosystem, fostering innovation within the community
Roadmap and Development Milestones
Sky Mavis continuously updates Axie Infinity to expand its ecosystem. Milestones include launching Axie Infinity: Origin, an enhanced version of the game’s battle system, and rolling out new game modes and features such as land gameplay. Future development focuses on evolving the play-to-earn economy, improving the Axie Infinity ecosystem, and refining governance mechanisms
