Axie Infinity Token Price Jumped 17%

Axie Infinity (AXS) cryptocurrency rate rose by 17% after ads that Axie Infinity: Origins is now available on the App Store for iPhone users in certain countries. On May 17, after the news was published on the project blog, the price of the token at the moment rose from $6.92 to $8.11, writes RBC Crypto.

Axie Infinity: Origins is a card strategy game powered by the Ethereum blockchain from developer Sky Mavis. Players fight each other with the help of fantastical creatures called “axes” (axie). In the game, you can buy, create new creatures and exchange them. Developer investors were Binance, Animoca Brands, a16z and other large companies.

Axie Infinity: Origins is now available on iOS in select countries in Latin America and Asia. Residents of Argentina, Colombia, Peru, Mexico, Venezuela, Indonesia, Malaysia and Vietnam on Apple phones can now download Origins for iOS from the App Store.

In December 2022, a limited beta version of Origins was launched as part of testing in the Malaysian Google PlayStore. The launch of the app on the App Store in South America and Asia was similar to testing the product before launching to the wider market, according to the developers.

The announcement notes that in this release of the game on iOS, it will be possible to use “axi” in the form of NFT. According to the company, this is the first time that Apple has agreed to recognize an NFT purchased outside of its platform as usable in the App Store.

In October 2022, the App Store introduced rules for apps that work with NFTs. According to the terms of the marketplace, companies can offer the creation (minting), sale and purchase of NFTs in their applications, but all transactions must take place exclusively on the Apple platform, the commission of which is 30% of all sales within applications.

Citing these rules, in December, the App Store blocked an update to Coinbase Wallet that allowed users to transfer NFTs. The store insisted that payments for gas (a fee for processing transactions on the blockchain) when transferring tokens should go through the Apple system and the company should receive its deductions from them.

In March last year, from the Axie Infinity gaming platform, namely from the Ronin blockchain bridge, which is used by the project, $625 million worth of cryptocurrencies were stolen (at the exchange rate at that time). This hack was the largest in the history of cryptocurrencies. According to the FBI, two North Korean-linked hacker groups, Lazarus Group and APT38, are behind the theft of funds.