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Which country does axs currency come from?

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Release: 2024-05-08 12:24:43
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The birthplace of AXS coin is Vietnam as it is the native token of the blockchain game Axie Infinity developed by Vietnamese studio Sky Mavis.

Which country does axs currency come from?

#Which country does AXS currency belong to?

AXS coins (Axie Infinity Shards) are the native tokens of the blockchain game Axie Infinity. Axie Infinity is an Ethereum-based pet battle game developed by Vietnamese studio Sky Mavis. Therefore, the birthplace of AXS coin can be considered as Vietnam.

FUNCTIONS OF AXS COIN

AXS Coin has multiple functions in the Axie Infinity ecosystem, including:

  • Governance : Token holders can use AXS coins to vote on the future development of the Axie Infinity ecosystem.
  • Staking: AXS coins can be staked to earn rewards, helping to secure the network.
  • Purchase in-game items: AXS coins can be used as currency in the in-game store to purchase land, breeding potions, and other items.

Issuance of AXS Coins

AXS coins are issued by Sky Mavis, the developer of the Axie Infinity game. The total supply of AXS coins is 270 million, most of which are used to reward game players.

Market Performance of AXS Coin

AXS Coin is a popular cryptocurrency that is traded on many exchanges. Its price will fluctuate based on market demand and supply.

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