{"id":4009,"date":"2024-01-04T13:17:39","date_gmt":"2024-01-04T13:17:39","guid":{"rendered":"https:\/\/prioridata.com\/?p=4009"},"modified":"2024-01-21T13:56:29","modified_gmt":"2024-01-21T13:56:29","slug":"axie-infinity-users","status":"publish","type":"post","link":"https:\/\/prioridata.com\/data\/axie-infinity-users\/","title":{"rendered":"Axie Infinity Live Player Count & Statistics 2024"},"content":{"rendered":"\n

Axie Infinity is an NFT-based video gaming platform developed by Sky Mavis. The game operates on the Ethereum blockchain and has its in-game economy.<\/p>\n\n\n\n

Players collect and mint NFTs representing digital pets known as Axies. These Axies can be bred, battled, and traded within the game. <\/p>\n\n\n\n

Axie Infinity operates on the Ronin Network<\/a> with “Axie Infinity Shards\/Token”<\/strong> or AXS as the primary gaming currency.<\/p>\n\n\n\n

In February 2020, the starting cost for a new player was estimated at US$400<\/a>. By August 2020, the cheapest Axie was priced at approximately US$307. However, by March 2022, the floor price of an Axie had reduced to around US$20.<\/p>\n\n\n\n

As of June 2021, some individuals in the Philippines began treating the game as their primary income source.<\/p>\n\n\n\n

However, by September 2021, earnings from playing Axie Infinity dropped below the national minimum wage in the Philippines.<\/p>\n\n\n\n

According to a report from April 2023, the price of Axie Infinity’s cryptocurrency token had decreased by 99% from its peak in February 2022.<\/p>\n\n\n\n

This led to a decline in the average daily players from a high of 2.7 million to approximately 250,000.<\/p>\n\n\n\n

In March 2022, the Ronin Network faced a security breach, resulting in the theft of approximately US$620 million worth of cryptocurrency.<\/p>\n\n\n\n

Axie Infinity<\/strong> Overview<\/h2>\n\n\n\n