Blockchain Game Explainer: What is Axie Infinity
Data Source: Axie Infinity Dashboard
Author: [email protected]
What is Axie Infinity
Axie Infinity, a captivating digital universe, introduces players to a world teeming with unique and collectible NFT creatures known as Axies.
Axie Infinity is a blockchain game that empowers players with full ownership of their digital assets, mirroring the tangible experience of trading cards and collectibles. Within the Axie ecosystem, users can seamlessly buy, sell, and trade their cherished Axies, offering a tangible sense of ownership and control over their investments.
This is made possible by the Ronin network, a robust infrastructure that underpins the Axie Infinity universe. Ronin ensures secure and efficient transactions, enhancing the overall gaming experience for players as they explore, compete, and engage within this exciting realm of digital ownership.
Introducing the Axie Infinity Team
Axie Infinity, a groundbreaking nft game, is the brainchild of Sky Mavis, a technology-driven game studio established in early 2018.
This innovative venture boasts a team of 40 dedicated full-time employees, with their headquarters situated in the vibrant city of Ho Chi Minh, Vietnam.
At the helm of this exciting project is Trung Thanh Nguyen, the CEO of Sky Mavis. Trung plays a pivotal role in shaping the destiny of Axie Infinity, actively participating in crucial decisions that span from product development to strategic marketing.
Data of Axie Infinity
Blockchain game data analysis is critical for investors, developers and players.
It helps investors evaluate a game’s performance and potential returns. Developers can use it to improve game features and user experience based on player behavior. For players, it ensures transparency and fairness in game mechanics and the value of their assets, such as non-fungible tokens (NFTs).
As a result, it promotes informed decision-making and trust among all stakeholders.
User Metrics
User metrics are key indicators of a game’s performance and health. They include data such as daily active users (DAU), monthly active users (MAU), retention, and churn.
As a well-established project, Axie Infinity has seen a stable user base, primarily active on the Ethereum sidechain known as Ronin.
Ronin’s role in facilitating Axie Infinity’s activities cannot be understated, as it addresses some of the key challenges faced by users on the Ethereum mainnet.
With Ethereum’s scalability issues and high transaction fees, Ronin’s emergence as a dedicated sidechain has provided Axie Infinity users with a smoother and more cost-effective experience.
Engagement Data
Engagement data refers to the depth of a player’s interaction with a game. It includes metrics such as transactions, trading volume, frequency of play, and in-game actions.
This data is critical for developers to understand player behavior and preferences so they can optimize the game for better engagement.
Token & NFT
Tokens and non-fungible tokens (NFTs) are unique aspects of blockchain games. Tokens often serve as in-game currency, while NFTs represent ownership of unique digital assets within the game.
Analysis of token and NFT can reveal economic trends within the game, helping developers balance the in-game economy and investors assess the financial health of the game. For players, tokens and NFTs provide opportunities for real-world profit, making the game more than just an entertainment platform.
Smooth Love Potion (SLP) is an uncapped in-game token in Axie Infinity, allowing players to breed new Axies. SLP can be earned by playing the game, purchased on Uniswap, or obtained through promotions and tournaments.
Additionally, the Axie Infinity ecosystem includes Axie Infinity Shards (AXS), a unique governance token that empowers holders to participate in governance decisions and influence the allocation of funds from the Axie Community Treasury.
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