Where does AXS token come from?

AXS is the governance token of the Axie Infinity play-to-earn NFT game . A governance token is a type of token that allows its holders to vote on proposals that will determine the future of a protocol. AXS holders can use their tokens to choose which upgrades they want for the Axie ecosystem.

The main token, Axie Infinity Shards (AXS), can be bought and sold on exchanges like Coinbase . You need some AXS to play the game, but you can also trade AXS like Bitcoin or Dogecoin or any other major crypto.

What is AXS token? AXS stands for Axie Infinity Shard. It is an ERC-20 token built on the Ethereum Blockchain and has a maximum supply of 270,000,000 AXS coins. In fact, AXS was created to be used on Axie Infinity’s platform.