AXS, a the Gaming Sector

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Avatar for martinezdamp
3 years ago
Topics: Tech, Adoption, ETH, Bitcoincash, Ethereum, ...

The very essence of tokenization must be extensively worked on in this facet of our lives. With the presence of the pandemic in our daily lives, many things have come to light and virtual assets begin to take on greater relevance in the personal field, practically a more direct interaction, among them the blockchain relationship and gaming.

I had referred, in other articles, to the magnificent synergy that exists between the world of games and tokens, and how this relationship has evolved to focus on a style of continuous monetization based on underlying chains that reward active participation. . Since the beginning of many tokens, this already began to be a trend that over time would expand to become part of a new essence of massification through game consoles and interaction with a virtual underworld.

Among these new technologies in search of face-to-face allies, the game of Axie Infinity and its AXS governance token can be described. Now a game like Axie managed by a governance token, shows that this DAO promises a lot, since the price of this token started at only $0.12 now it is trading under a value of $1.37 per unit, presenting a market capitalization of $57.30M, with an increase in valuation with respect to the dollar +42.63%.

But a gamer token like AXS will be worth considering as an investment ????, it depends on the motivation of your portfolio, we are talking about a token that is managed in a DAO that operates under the Etherium network and is considered one one of the most impressive games on the blockchain today. You must also handle the fact that you are operating in an area that combines unique collectible digital assets, a scenario that has a large participation of users and that creates an ecosystem that really supports this digital interaction.

The exploitation of this branch of games is undoubtedly one of the most ratifying for those who are looking for new ways to monetize within the cryptographic world and that this type of scenario offers them in a unique and original way.

AXS is not alone, more and more DAO will invade a clearly expanding market. A new form of business still unnoticed but, under the technological tutelage of the blockchain and the fundamental impulses that loom in cryptocurrencies, a thorough investigation is certainly recommended to be able to consider it an investment in the medium and long term.

In these spaces there are very good articles that explain the concept and interaction with the game itself, but beyond this platform, there is a unique concept that can only be found in the cryptographic world. Likewise, I leave the links to several articles that helped in the preparation of this information.

This information is proprietary content and there is no space in this text for plagiarism. You can also see this article on my Publish0x blog under the following link.

https://www.publish0x.com/cryptographic-alchemy/axs-a-the-gaming-sector-xdnqoqk

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Avatar for martinezdamp
3 years ago
Topics: Tech, Adoption, ETH, Bitcoincash, Ethereum, ...

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