When Axie Infinity launched, AXS tokens were owned by the creators and developers behind the game & private backers. The platform then issued additional AXS tokens that were sold to the public. Today, tokens are bought and sold similar to equity shares. As discussed later, new AXS tokens continue to be issued to key stakeholders (developers, pl... See more

The most optimistic scenario for Axie Infinity, the absolute ceiling, seems to be $3.7 billion. Right now, there are 60 million AXS tokens trading for $77 a piece. At that price, buying every token would cost about $4.5 billion. $4.5 billion sale price for a business worth, in the best possible scenario, $3.7 billion. Even if Axie Infinity becomes ... See more

Anytime there is a transaction in Axie Infinity, a percentage of the transaction goes to the Axie community treasury. This is a common revenue model:. Today Axie takes 4.5% of every transaction.  Right now, “transactions” mean buying, selling, and creating Axie creatures, but almost anything is possible down the line - from selling virtual plo... See more

Axie isn’t just building a game; it’s building the web3 aggregator, and backwards integrating to own as much of the value chain as possible.