Axie Infinity will unlock 9,090,000 AXS tokens on April 12th

Axie Infinity is a blockchain game developed by Sky Mavis. The game runs on Ethereum and utilizes non-fungible tokens (NFTs) that represent unique items or characters.

Axie Infinity, the popular blockchain game developed by Sky Mavis, will be unlocking 9,090,000 AXS tokens on April 12th. This release will constitute about 5.70% of the currently circulating supply of AXS tokens.

The AXS token, which stands for Axie Infinity Shards, is the native cryptocurrency of the Axie Infinity ecosystem. It is used for various purposes within the game, including:

- Game governance: AXS token holders can participate in voting for game rules and updates.

- Community treasury management: A portion of the revenue generated by Axie Infinity is used to fund community initiatives and projects.

- Staking and earning rewards: Users can stake their AXS tokens to earn more tokens and other rewards.

- Access to exclusive content and products: AXS token holders may gain access to limited-edition Axies, in-game items, and other collectibles.

As of April 11th, 159,000 AXS tokens have been unlocked and distributed to users, while the total circulating supply is approximately 159,000,000 AXS.

The upcoming release of 9,090,000 AXS tokens will increase the total circulating supply to about 168,000,000 tokens. This move is part of the AXS token release schedule, which is designed to ensure a balanced and sustainable economic model for the Axie Infinity ecosystem.

The Axie Infinity game is built on the Ethereum blockchain and utilizes NFTs to represent unique items and characters. The game revolves around Axies, which are collectible creatures that players can use for battles, breeding, and virtual land farming.

With its play-to-earn model and diverse token use cases, Axie Infinity has become one of the most talked-about and successful blockchain games in recent times. The game has a large and active community of players and developers who are constantly contributing to the ongoing development of the Axie Infinity ecosystem.

output: Axie Infinity, the popular blockchain game developed by Sky Mavis, will be unlocking 9,090,000 AXS tokens on April 12th. This release will constitute approximately 5.70% of the currently circulating supply.

AXS Info

Axie Infinity is a blockchain game created by Sky Mavis. The game runs on Ethereum and utilizes non-fungible tokens (NFTs) that represent unique items or characters.

At the heart of the game are creatures called "Axies," which players can collect, breed, use for battles, and even use for virtual land farming. Each Axie has different attributes and statistics, and players can use their Axies in player-versus-player (PvP) battles or player-versus-environment (PvE) adventures.

One of the unique aspects of Axie Infinity is that players can earn digital assets and cryptocurrency while playing the game. This makes Axie Infinity an example of a "play-to-earn" game, where in-game actions can lead to real financial benefits.

The AXS token (Axie Infinity Shards) is the native token of Axie Infinity and is used for game governance, participating in voting for game rules, earning rewards, and more.