Projects listed: 276 |
BTC Dominance: 0.00% | Volume (24h): $42,705,446,041 | Market Cap: $2,607,223,002,131
Axie Infinity
AXS
$5.69
Sector
Gaming
Exchange Debut
2020-11-04
Market Cap
842,585,460
Maxim Supply
270,000,000
Circulating Supply
148,146,334
Circ. Supply(%)
54.87%
Axie Infinity
AXS
Price
$5.69
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
23228742
5.947136822868
5.512234863226
Change 24h
Change 7d
Change 30d
-3.3757
-6.913
-8.1584
Maxim supply
Circulating supply
Circulating supply(%)
270,000,000
148,146,334
54.87%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the Axie Infinity cryptocurrency:
The blockchain-based game Axie Infinity is a player-owned and operated venture that provides opportunities for interaction and utility in an emerging virtual ecosystem. With a model akin to Pokémon and Tamagotchi, it offers players the ability to collect, breed, raise, battle, and trade unique, token-based creatures called Axies. After a thorough fundamental analysis, Axie Infinity receives an overall score of 7.06 out of 10.
SOCIAL & MASS MEDIA: Score 8 out of 10
Axie Infinity exhibits a strong presence on social media platforms, demonstrating its potential to attract and engage users. This is reflected by its perfect scores for attracting followers, administrator activity, and the size of community chat groups. However, the project still faces challenges in boosting community activity on social platforms, which currently sits at a score of 1 out of 10. Furthermore, Axie Infinity’s presence in the media shows a considerable standing with a score of 9 out of 10. These observations are integral to the “fundamental analysis of the cryptocurrency Axie Infinity.”
AUDIT & SECURITY: Score 5.2 out of 10
The project’s score in audit and security reveals a need for improvement. The audit results stand at a score of 4 out of 10, indicating potential vulnerabilities or issues that need addressing. Nevertheless, the project scores commendably in transparency of information and liquidity on exchange, both at 8 out of 10, hinting at a robust and accessible market for the Axie Infinity tokens (AXS).
TOKENOMICS: Score 5.4 out of 10
In terms of token economy, Axie Infinity exhibits an inflationary nature, resulting in a 6 out of 10 score. However, its monetary mass centralization raises some concerns as it scored only 2 out of 10. This insight is critical to the “fundamental analysis of the cryptocurrency Axie Infinity” and suggests the need for a more decentralized token distribution.
ECOSYSTEM DEVELOPMENT: Score 7.68 out of 10
Axie Infinity performs quite well in the sphere of ecosystem development. The project’s progress towards its objectives and plans for future developments both scored an impressive 8.7 out of 10. These metrics reveal a clear strategy and vision for ongoing growth and evolution, contributing positively to the “fundamental analysis of the cryptocurrency Axie Infinity.”
TEAM & DEVELOPERS: Score 7.6 out of 10
The project’s team exhibits solid experience, scoring 8.5 out of 10, although there are opportunities for bolstering their strength, as shown by the software developers’ score of 4 out of 10. This observation suggests the necessity for more technical talent to enhance the project’s growth trajectory.
PRODUCT & UTILITY: Score 7.28 out of 10
The utility of Axie Infinity’s product scored a solid 6.8 out of 10, and the utility of its tokens within its ecosystem performed even better at 8 out of 10. This score highlights the value proposition of the Axie Infinity platform and its underlying AXS token.
PARTNERS & INVESTORS: Score 7.75 out of 10
The project’s investors and partners significantly influence its potential success. Axie Infinity demonstrates a strong backing with a score of 8.5 out of 10 for the number and capacity of its investors, and a score of 7 for the quality and quantity of its partnerships.
Fundamental analysis of the Axie infinity cryptocurrency – The final conclusion
However, there are also a few aspects where Axie Infinity could benefit from improvements. This includes the tokenomics and the audit and security results, which need substantial attention to enhance the overall trust and value proposition of the project.
The strong social media presence and extensive media coverage highlight Axie Infinity’s popularity and growing user base, vital aspects that indicate the project’s potential for growth. The platform’s game-centric model can leverage this dynamic to boost user engagement and foster a strong, active community.
The tokenomics of Axie Infinity is an area that can potentially introduce some risk, especially given the project’s highly centralized monetary mass. This aspect could be a concern for prospective investors seeking a more decentralized token distribution model. Therefore, it may be beneficial for the project to reassess and rebalance their tokenomics structure.
In terms of security and audit results, there is room for the project to enhance its transparency and security posture. Addressing audit concerns and further clarifying its stance on user security could significantly strengthen the trust of its stakeholders and the wider community.
Regarding ecosystem development, the high score reflects the project’s commitment to achieving its objectives and bringing new developments to the platform. The high scores in the utility of the product and tokens within the ecosystem emphasize the value of the AXS token and the role it plays in the platform’s economy.
Axie Infinity’s team has demonstrated good experience, but there is a clear need for more software developers to keep up with the platform’s growth and address technical needs as they arise.
Finally, strong investor backing and a good number of partnerships indicate the project’s potential to leverage external support for growth and platform development.
What is Axie infinity?
Unveiling Axie Infinity
Axie Infinity, a distinctive blockchain-oriented gaming and trading platform, is partially owned and operated by its users. Taking inspiration from famous games like Pokémon and Tamagotchi, Axie Infinity creates an immersive environment where participants collect, breed, raise, battle, and trade token-based creatures, ‘Axies.’
Diversity and Uniqueness of Axies
These Axies are non-fungible tokens (NFTs) with their own unique attributes and powers. They can take over 500 different forms, with body parts from various class types like aquatic, beast, bird, bug, plant, and reptile. This wide range of possibilities results in numerous unique and often highly sought-after Axies due to their rarity.
Axie Infinity Governance and Economy
The game’s ecosystem also possesses its own governance token, Axie Infinity Shards (AXS), which allow holders to partake in essential governance decisions and have a say in the Axie Community Treasury’s expenditures. Axie Infinity’s uniqueness largely springs from the broad diversity among Axies, determined by their different body parts and corresponding battle moves.
Mating Hub and Play-to-Earn Model
Another notable feature is Axie Infinity’s mating hub, which assists players in finding suitable partners for their Axies, thereby enhancing chances of producing rare or powerful offspring. Furthermore, Axie Infinity pioneers the Play-to-Earn model (P2E), enabling gamers to earn tokens and NFTs through various gameplays.
In conclusion, Axie Infinity is revolutionizing the worlds of cryptocurrency and gaming by providing an open digital universe where the economy is controlled by the players, thereby offering a unique blend of entertainment and potential financial returns.
- Latest analysis update: June 30, 2023
Axie Infinity - AXS performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
