What is AxieInfinity and why is AXS up 100% this week ?

Blockchain Gaming is Big, and Staking to earn rewards is even bigger.

Why not add in NFT trading and a massive airdrop ?

I have been watching AXS from the sidelines for a few days now … as it climbed from about $60 to $120 USD this week. Afraid to jump in. Another Ethereum gaming Dapp ?

What Is Axie Infinity (AXS)?

Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players.
 

 

Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise, battle and trade token-based creatures known as Axies.
 

 

These Axies can take various forms, and there are more than 500 different body parts available, including aquatic, beast, bird, bug, plant and reptile parts. Parts from each type class come in four different rarity scales: common, rare, ultra rare and legendary — and Axies can have any combination of body parts, making them highly variable and often rare and unique.

Each Axie is a non-fungible token (NFT) with different attributes and strengths and can be entered into 3v3 battles, with the winning team earning more experience (exp) points that are used to level up an Axie's stats or evolve their body parts. These Axies can be bred together to produce new and unique offspring, which can be used or sold on the Axie marketplace…. The Axie Infinity ecosystem also has its own unique governance token, known as Axie Infinity Shards (AXS). These are used to participate in key governance votes and will give holders a say in how funds in the Axie Community Treasury are spent.

 
Source : https://axieinfinity.com/

Anyone buy AXS back at .17 cents last summer ?

Chart : https://coinmarketcap.com/currencies/axie-infinity/
 

Three reasons for the recent surge in AXS price over the past two weeks include the introduction of staking features for the AXS token, the release of a community airdrop early adopters and the increasing popularity of play-to-earn gaming protocols.

AXS launches staking

The growth of decentralized finance in 2021 has shone a spotlight on the ability of crypto holders to put their tokens to work and earn a yield through providing liquidity or staking.

In an effort to capture some of this momentum, as well as improve the overall tokenomics of the AXS token, the team at Axie Infinity announced the launch of staking capabilities on Sept. 30. This excited members of the community, and to date, holders have already staked nearly 9.8 million AXS in just two days.

Source: https://cointelegraph.com/news/massive-airdrop-and-axs-staking-catapult-axie-infinity-to-a-new-all-time-high