Axie Infinity Universe
Axie Infinity is a game universe filled with fascinating creatures, Axies, that players can collect as pets. Players aim to battle, breed, collect, raise, and build kingdoms for their Axies. The universe has a player-owned economy where players can truly own, buy, sell, and trade resources they earn in the game through skilled-gameplay and contributions to the ecosystem.
There are and will be many varied games experiences for Axies. Many of them will have players compete with each other using complex strategies and tactics to attain top rankings or be rewarded with coveted resources. Others will have them complete quests, defeat bosses, and unlock in-depth storylines.
There are countless unique Axies that players can collect with varying body parts and appearances. Body parts will unlock abilities for Axies that vary across games, they will have completely different values, benefits, and skills from one game to another. Body parts also have their own unique card art for players to collect.
Community & Economy
All art assets and Axie genetic data can be easily accessed by 3rd parties, allowing community developers to build their own tools and experiences in the Axie Infinity universe. While still in early access, Axie is ranked the #1 Ethereum game by daily, weekly, and monthly active users. Players have spent over 1M ETH (3B+ USD) so far to progress in the game.
While Axie is a fun game, it's also taken on characteristics of a social network and earning platform due to the strong community and opportunity to truly own resources earned within the games.
A key difference between Axie and a traditional game is that Blockchain economic design unlocks the ability to have complex player-owned economies and reward players who are able to reach advanced levels of skill. Players are able to have fun and work towards ambitious goals while simultaneously earning potential resources that will have real monetary value due to an open economic system and demand from other players - “Play-and-Earn”.
Currently, players can gain more resources to advance in the game by taking actions such as:
- Competing in Battles to win leaderboard prizes as well as Smooth Love Potions (SLP)
- Breeding Axies to produce new ones with particular Body Part combinations
- Collecting and speculating on rare Axies such as Mystics and Origins
We're here to create an ecosystem of amazing Axie gaming experiences with community and player-owned economies as foundational pillars.
Axie is a digital nation where people globally come together with their Axies to play, earn, and live.
Welcome to our revolution.
Disclaimer: Please note that anything written in this white paper should not be taken as financial advice. Axie is a bleeding-edge game that's incorporating unfinished, risky, and highly experimental technology. Development priorities, roadmaps, and features are subject to radical overhaul based on research, traction, feedback from the community, and a myriad of other factors.
Axie Infinity Shards - $AXS
Axie Infinity Shards(AXS) are an ERC-20 governance token for the Axie Universe. AXS holders will be able to claim rewards if they stake their tokens, play the game, and participate in key governance votes. Players will also be able to earn $AXS when they play various games within the Axie Infinity Universe and through user-generated content initiatives.
Our goal with Axie Infinity Shards is to align the incentives between the players of the game and the developers in novel and exciting ways. The mechanisms described above have two main goals:
- To reward players for interacting with Axie Infinity while simultaneously incentivizing them to hold on to their tokens so they can claim additional rewards.
- To decentralize the ownership and governance of Axie Infinity.
We want Axie to become the first game truly owned and operated by the community that plays it. This opens up limitless possibilities but must be approached carefully. In the past, projects have been abandoned and become stagnant using the term “decentralization” as a ruse. The shift to a true Decentralized organization will occur gradually over time.
In early 2021, the Community Treasury will go live. The Community Treasury will begin to receive revenues generated by Axie Infinity as well as a portion of staking rewards. This treasury will be governed by AXS stakers eventually, once the network has become sufficiently decentralized.
The Treasury receives inflows from:
- 4.25% of all Axie NFT marketplace transactions.
- The AXS portion of the breeding fee.
More streams will be added in the future from cosmetic sales, tournament entree fees, licensing fees, and more as new opportunities present themselves.
In the early days of Axie Infinity, staking issuance will be high-- encouraging a high portion of staked AXS without requiring an additional source of funding.
However, as the issuance allocation drops over time, there will need to be another source of funding to encourage a high percentage of staked AXS. This is a potential use for the Community Treasury, which will have a sustainable source of funding from fees related to Axie infinity.
The Community Treasury on The Ronin Block Explorer
The Treasury can be viewed here: https://explorer.roninchain.com/address/ronin:a99cacd1427f493a95b585a5c7989a08c86a616b
The token has been designed in collaboration with Delphi Digital who has put together an AXS staking guide so future holders can view the potential of AXS at a glance.