Strategies With AXS

On this page, you'll discover a list of investment strategies that include Axie Infinity (AXS). Each strategy combines this asset with other cryptocurrencies, offering unique approaches to portfolio diversification. Explore the diverse strategies below and enhance your investment potential with ICONOMI.

Axie Infinity (AXS) is a play-to-earn (P2E) game that became a mainstream trend in 2021 and gave rise to GameFi – a combination of gaming and finance. Axie Infinity uses non-fungible tokens (NFTs) to represent unique species, skills, land plots and other in-game assets. The game operates on the Ethereum (ETH) blockchain with support from Ronin, a sidechain that reduces transaction costs and delays. AXS is the ERC-20 utility token in the game that users must hold to play the game and acquire different in-game assets. AXS also functions as a governance token, allowing holders who stake it to vote in the game’s development. Axie Infinity was the highest-earning protocol in July 2021.