As part of their commitment to the play-to-earn grassroots movement, ProBit Global will launch a second 50% off ProBit Exclusive for Axie Infinity starting August 24.
AXS debuted on ProBit Exclusive as part of a month-long NFT-themed event in May, giving users a chance to augment their holdings with some of the top NFT tokens in the space. With the subscription price pegged at 2.0583 USDT and a long-term rally catapulting AXS to a recent peak of 83.388 USDT on August 21, the new ATH marks a 41X for subscribers.
Axie Infinity continues to generate worldwide adoption, in large part thanks to a proprietary sidechain called Ronin which boosted 30 day sales by 508% following mainnet launch. The continued growth behind the play-to-earn innovator has helped it outpace all other protocol revenue during the last 90 days with a stunning $487.7M, overtaking Ethereum’s $225.7M.
According to Sky Mavis COO Aleksander Leonard, Axie’s platform revenue jumped from $100,000 in January 2021 to $196M in July, helping AXS secure a current YTD growth of 143X.
More importantly, Axie Infinity was thrust into the spotlight thanks to its real-world financial benefits in the Philippines, where remittances account for 9.7% of the entire nation’s GDP of which $10B is USD-denominated.
Earnings from local Axie gamers could very well surpass USD remittances with gamers averaging around 4,500 SLP monthly for a total of $8.6M from SLP in-game rewards. Those without the upfront resources required to start can acquire scholarships provided by gaming guilds such as Yield Guild Games while local payment solutions such as BloomX provide a convenient gateway for converting SLP into PHP, the local fiat currency.
Axie has also branched off into the considerable esports market with an allocation of 5,560 AXS to launch dedicated servers for the hosting of its 2021 Axis esports tournament series, with the inaugural event Axie Open #2 having launched on August 21.
AXS holders will benefit from increased governance privileges as Axie Infinity’s creators Sky Mavis gradually hands the majority vote over to holders by October 2023 through the creation of a DAO, a funding model that is gaining considerable traction as a fully decentralized and democratized alternative to traditional venture capital.
ABOUT AXIE INFINITY
Axie Infinity is a Pokémon-inspired universe where anyone can earn tokens through skilled gameplay and contributions to the ecosystem. Players can battle, collect, raise, and build a land-based kingdom for their pets.
Axie Infinity Shards(AXS) are an ERC-20 governance token for the Axie Universe. AXS holders will be able to claim rewards if they stake their tokens, play the game, and participate in key governance votes. Players will also be able to earn AXS when they play various games within the Axie Infinity Universe and through user-generated content initiatives.
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