Axie Infinity (AXS)USD

Axie Infinity is a blockchain-based collectible and battle game developed by Vietnamese studio Sky Mavis. Players earn cryptocurrency and digital assets by battling and breeding creatures called Axies. The project was initiated in 2017 and the game launched in March 2018. Its founders are Nguyen Thanh Trung, Tu Doan, Aleksander Larsen, Jeffrey Zirlin, and Andy Ho. The game runs on Ethereum, with gameplay and transactions largely handled on Ronin, an EVM-compatible sidechain developed by Sky Mavis that uses a proof-of-authority-style validator model. The native token is Axie Infinity Shards (AXS), a governance and utility token used for staking, ecosystem decision-making, and as a reward and settlement asset within the game economy. AXS gained real-world adoption in countries such as the Philippines, where play-to-earn income at times exceeded local minimum wages. The total and maximum supply of AXS is fixed at 270 million tokens, distributed across staking rewards, play-to-earn rewards, team allocations, advisors, and an ecosystem fund according to a predetermined unlock schedule.