Axie Infinity’s AXS token surges 12% as game launches on Apple App Store | NFT CULTURE | NFT News | Web3 culture

Axie Infinity’s AXS token surges 12% as game launches on Apple App Store |  NFT CULTURE |  NFT News |  Web3 culture

Exciting news for Axie Infinity enthusiasts! Axie Infinity: Origins, the captivating card-based strategy game, has debuted on iOS in select countries in Latin America (LATAM) and Asia. This release marks an important milestone, as it is believed to be the first time Apple has allowed externally purchased NFTs to be used on the App Store. Let’s dive into the details and celebrate this achievement with Axie’s vibrant community.

Bringing Axie to Apple: Axie Infinity

Origins allows players to collect, own and deploy a multitude of creatures called axes in strategic battles. After launching a limited version on the Malaysian Google PlayStore in December 2022, the Axie team seized the opportunity to refine the game’s mechanics and expand its accessibility. Now players in Argentina, Colombia, Peru, Mexico, Venezuela, Indonesia, Malaysia and Vietnam can download Origins for iOS directly from the App Store.

Play on the App Store

An exciting aspect of this iOS release is that players can use their NFT axes in-game – a notable feat as Apple typically places restrictions on externally purchased NFTs. Although only Moonshard crafting recipes will be available in the app, players can still engage in SLP crafting recipes using the desktop or Android APK versions. This flexibility allows users to enjoy Origins on the go while conducting SLP work on desktop computers or Android devices.

The first iOS version of Origins allows players to use upgradeable starting axes in both Adventure and Arena modes. They can enhance the Axie’s cards using Class Badges and Medals of Honor earned through gameplay, giving new players a glimpse into the vast Axie universe. To celebrate this significant milestone, Axie has organized a special contest, led by QU3ST, inviting participants to create social content or write reviews for Origins on the App Store. It’s an opportunity to showcase the community’s passion and welcome new players to the vibrant world of Lunacia.

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AXS token gains momentum

Axie Infinity, the popular play-to-earn blockchain project, witnessed a significant rise in its native cryptocurrency AXS following news of the card-based strategy game debuting on Apple’s app store. The price of AXS rose over 12%, making it the biggest gainer on the CoinDesk Indices leaderboard. This development comes as the project aims to expand its user base in Latin America and Asia, starting with countries such as Argentina, Colombia, Peru, Mexico, Venezuela, Indonesia, Malaysia and Vietnam.

AXS Token Gains Momentum: Following the announcement of the game’s availability on Apple’s app store, the price of AXS experienced a remarkable increase from $7.16 to $8.04. This peak marks AXS’s best one-day percentage gain since January 22. It’s a positive development for the cryptocurrency, which had seen a decline of over 3% in April, affected by token unlock events and market risk aversion.

Expansion and user adoption: The card-based game called Axie Infinity already has an impressive 1.5 million installations on various platforms. Sky Mavis, the project’s creator, plans to further expand the game’s reach by targeting mobile users on the Google Play Store as well. This move is expected to increase the game’s popularity and attract a wider audience, stimulating the growth of the Axie Infinity ecosystem.

Open Interest Increases: The rally in AXS’s price was accompanied by a significant increase in the theoretical open interest for futures, indicating an increase in new capital entering the market. Notional open interest rose to over $75 million from nearly $40 million, marking the highest level since February. However, it is worth noting that leverage in the market appears to be skewed towards bearish positions, as reflected by negative funding rates in the perpetual futures market. Negative prices suggest a prevalence of short positions, indicating a lack of confidence in the sustainability of the price rally.

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Conclusion: The arrival of Axie Infinity: Origins on iOS represents a seminal moment, as Apple opens the doors to externally purchased NFTs. Players in select countries can now experience the immersive gameplay and strategic battles on their preferred iOS devices. Axie Infinity’s community is standing strong, ready to welcome new players and showcase their passion. As the game and movement continue to evolve, the future holds even more exciting opportunities for Axie enthusiasts worldwide.

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