axs coin issuance time

AXS coins were issued on November 5, 2020 and are used in the AxieInfinity game ecosystem. Its uses include: governance, staking, purchasing in-game items, breeding Axies, and participating in game activities.

AXS coin issuance time

Issue time: November 5, 2020

Details:

AXS (Axie Infinity Shards) is an Ethereum blockchain-based governance and utility token for the Axie Infinity gaming ecosystem. Axie Infinity is a blockchain-based pet battle game where players can collect, breed, and battle digital pets called Axies.

The AXS token was launched via the Binance Launchpad Initial Coin Offering (IEO) on November 5, 2020. The token offering raised over $2.2 million.

Uses:

AXS tokens have the following uses within the Axie Infinity ecosystem:

• Governance: Players holding AXS tokens can participate in Axie Infinity governance, including voting on proposals and making new suggestions.
• Staking: Players can stake AXS tokens to receive rewards, including AXS tokens and in-game items.
• Purchase in-game items: AXS tokens can be used to purchase in-game items such as lands, Axies, and game items.
• Reproducing Axies: Reproducing Axies requires AXS tokens.
• Participate in game activities: Players can win AXS tokens by participating in game activities.

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