If you’re new to crypto, it can be tough to understand all the jargon and concepts. That’s why we’ve put together this investment guide for crypto beginners. We’ll explain what Axie Infinity (AXS) and KuCoin (KCS) are and why they might be good investment opportunities. We’ll also cover Orbeon Protocol (ORBN) and why it’s forecast to be a strong investment even during phase one of its presale.
Axie Infinity (AXS)
Axie Infinity is a novel metaverse gaming platform. Built on the Ethereum blockchain, Axie Infinity is a digital pet universe where players can breed, battle, and collect creatures called Axies. Think of it as a mix between Pokemon and Tamagotchi. So far, Axie Infinity has been a hit with over 100,000 unique transactions and nearly $1 million in total value locked (TVL) in its smart contracts.
How It Works
Players collect Axies by buying them from the in-game marketplace or breeding Axies by themselves. Each Axie has a unique set of stats and can be used in battle to earn rewards. Battles are fought in 3v3 format, and players can win prizes if they come out on top. Players utilize Axie Infinity Shards (AXS) as the currency across the game.