What is the total amount of AXS coins issued?

php Editor Apple today brings an introduction to the total issuance of AXS coins. AXS Coin is a cryptocurrency issued by Axie Infinity to support its gaming ecosystem. According to official data, the total circulation of AXS coins is 27 million. This number is designed to maintain currency scarcity while providing players with a stable financial incentive. The total issuance amount of AXS coins is set to balance the in-game economic system and create a better gaming experience for players.

What is the total amount of AXS coins issued?

AXS coin is a cryptocurrency issued by the Axie Infinity project. It is the internal token of the collection and battle game built on the Ethereum blockchain. Players can use AXS coins to trade, purchase game items, participate in auctions, and receive rewards. Axie Infinity provides players with real ownership of game assets, allowing them to gain more involvement and incentives in the game. The existence of AXS coins brings more transactions and social activities to the entire ecosystem, providing players with more opportunities to interact and earn rewards by participating in games. This game ecosystem based on blockchain technology creates a new gaming experience for players, allowing them to get more in the game

According to the official announcement of Axie Infinity, the total issuance of AXS coins has an initial number, and will gradually increase over time.

The total initial issuance of AXS tokens is 27 million. These tokens are distributed in diversified ways to promote the sustainable development of the project while rewarding community members who have made important contributions to the project.

The project team and early investors will receive a portion of AXS coins, which is a small portion of the total initial issuance. This ratio is intended to motivate them to actively drive the development and growth of the project.

In addition, some AXS coins will be sold through private placements and pre-sales. Proceeds from these sales will be used to fund projects, develop and improve the game, expand the user base, and enhance the value of the entire ecosystem.

The remaining AXS coins will be reserved for future community rewards and ecosystem expansion. These coins will be distributed in a variety of ways, such as participating in game competitions, contributing to the ecosystem, and other active participation activities.

Additionally, Axie Infinity has adopted a unique approach to managing the inflation of the AXS token. According to the project's economic plan, the total supply will be adjusted every quarter to adapt to the current demand and development of the ecosystem. Therefore, the supply of AXS tokens will not increase to 27 million in one go, but will increase gradually.

In total, the total number of AXS coins issued is 27 million, which gradually increases over time. The purpose of this distribution method is to support the development of the project and the contribution of the community, while maintaining the stability of the currency value by limiting inflation. This has made AXS Coin a popular cryptocurrency, attracting more and more users and investors to participate in Axie Infinity’s ecosystem.

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