CRYPTO

Axis Infinity raises 860K while their AXS token increases 55% in the last 24 hours


The Axis Infinity team is moving. On the one hand, They collected $ 860KThrough the strategic sale of our Governance Token, AXS.”On the other hand, they announced an in-game decentralized exchange and their AXS increased rewards by 55% in the last 24 hours. Great numbers around that will satisfy and attract any investor. And speaking of satisfied investors, their main supporters were those invited to the personal sale of Axis Infinity.

Related Reading | New to Bitcoin? Learn to trade crypto through NewsBTC trading course

Let’s partially digest that part.

্সি 860K personal sale of Axis Infinity

The Terms “Strategic sales Say the following:

“Axis Infinity raised $ 64,000 in a private sale of AXS to strategic investors in mid-2020. These investors bought AXS 20% off.

20% private cell token will be unlocked during AXS public sale. The remaining personal sales tokens will be unlocked quarterly over the next 2 years.

In a press release, they revealed to investors:

  • Arka

  • Three arrow capitals

  • Defense Capital

  • Defy Capital

  • Spark Ventures

  • Animoka brand

  • Hashed

  • Dialectical

As well as angel investors:

  • Alexander John Amsel

  • Alex Svenvik (Nansen)

  • Bashilok Alexander

Investors seem to be extremely satisfied. In a recent tweet, Defense Capital’s Zhu Su announced Axis Infinity and their Axis Infinity Shards (AXS) company’s most profitable seed investment. “The most interesting thing during the round, it was so low quality that many people invested to support the ecosystem without any expectation of return., ”He adds for the color.

Great AXS 55% increase

According to Chinese journalist Colin Wu, “Axis Infinity is launching a decentralized exchange and its price has risen 55% in 24 hours. However, its trading volume and active users are declining. ” He said that too “Maximum growth in top 50 crypto.” At the time of writing, the number has dropped somewhat. According to Coinmarketcap, AXS is “Has risen 42.90% in the last 24 hours.

The recently announced decentralized exchange will eliminate the need to leave Axis Infinity to trade tokens. “People want to get and use their tokens from the same place without constantly using a bridge, ”Jeff Gerlin, head of growth, told The Block.That website Axie Infinity meets DFI News and says:

“DEX can help users play the game because it will eliminate some of the friction that exists for players who have to remove their tokens from the platform. The DEX will be built on Ronin, an Ethereum-linked sidechain intended for Axis Infinity.

In “Strategic sales ”press release, They cite Arthur 0X of Defense Capital, who said:

“Axis has been relentlessly building since 2018 and we are fascinated by their executions so far. The approach of bringing NFT, gaming and DFI together is extremely exciting. We are thrilled to see Axis at the forefront of innovation in NFT gaming and defense space. ”

AXS price chart for 10/02/2021 on Gemini | Source: AXS/USD on TradingView.com

Episode: Our prophecy

Just three months ago, when NewsBTC has covered the first Axi Infinity, We predicted:

“In the long run, Axis Infinity could add new features, a new game mode, more resources to its game.

Related Reading | Jack Dorsey plans to make a decentralized exchange for bitcoin

They added new features, just not what we expected.

At the time, the AXS was trading at, 17.47. Each token is currently priced at $ 111.21.

Featured Image: Axie Infinity screenshot from their press release | Charts by TradingView





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