You are probably familiar with cryptocurrencies such as Dogecoin and the Shiba Inu coins, as well NFTs. Have you ever thought of earning money while playing NFT games? Axie Infinity is an adorable fighting/breeding game that allows users to control monsters called “Axies” for Etherium. What is this? It works in a way that is easy to understand. What is the secret to this thing? As we dive deeper into the Axie universe, you’ll find out.
What is Axie Infinity?
Sky Mavis, a tech-oriented game studio that was founded in 2018, developed Axie Infinity. Sky Mavis, a technology-focused game studio founded in early 2018, developed Axie Infinity. Axie Infinity can be described as an NFT-game that allows players to earn currency by breeding, raising, fighting, and trading Axie creatures on the market.
Axie Infinity was founded with the mission of educating and having fun with blockchain technology. Many of the team members and developers met while playing Crypto kittens. This led to them becoming part of Axie, which introduces Blockchain technology to players.
Access to all art assets and Axie data is possible for third parties. This allows community developers to create their own tools and experiences that will further improve the Axie Infinity universe. Axie is different from traditional games in that Blockchain economic design rewards its players for their contributions to the ecosystem. This means that you will reap more rewards for contributing to the Axie Universe.
What is the secret to it?
Blockchain technology powers AxieInfinity. Axie Infinity uses blockchain technology to create new blocks. This involves solving complex math problems that produce an accepted hash. Instead of mining, Axie Infinity offers a ‘play/to-earn’ system. You can earn money by participating in PVP battles and breeding Axies for sale on the market or collecting rare Axies. To breed Axies, Smooth Love Potions (SLPs) are required. Like any cryptocurrency, SLPs are volatile. It’s currently priced at PHP 7.53 per unit. SLPs can be purchased via Uniswap and Binance.
Axie states that players can earn AXS governance tokens, which are essentially a slice of Axie’s universe. They have governance rights and fee-sharing built into them. This token can be earned by players playing. A Ready Player one quest is created where players can gain a piece of the universe. Rewarding players on their effort and skills, not their wins.
How to play and make money in Axie Infinity
Axie Infinity looks like Pokemon mixed with Hearthstone, which is a combination of the adorable Pokemon creatures and the turn-based card-based game Hearthstone. The cards are used to “command” the Axie’s actions for each turn. Each Axie is given four cards that are randomly generated for each battle. Energy must be spent to play those cards. If you have four energy, you can play any card you want as long as it is within your 4 energy limit. Normal games allow players to pick which target they want to attack. However, Axie Infinity’s battle systems target random targets and hit the one closest to the Axie.
You may be asking, “What happens if I lose/win?” You lose Matchmaking Rating (MMR) when you lose in PVP battles. If you win, you earn MMR and Smooth Love Potions. You don’t have to lose, but losing won’t result in a decrease in SLP. That is a relief! Your MMR will determine how much SLP you gain per win.
The game’s SLP can be earned by players through daily quests and PVP matches. PVP matches are a good place to start, as they offer more SLPs. However, it is advisable to max out your Axies. Daily quests can also give you SLP and EXP, so it is important to balance both PVP and PVE modes.
It was mentioned previously that you need 3 Axies to get started. The problem that prevents people from investing in Meta Axies is the high prices. At the time of writing, Meta Axies is one Plant Axie that acts as a tank, and a Beast Axie to debuffing. If you’re concerned about how much you will spend on this game, there’s an ongoing Manager-to-Scholar structure that people can use.
Do I have to join the craze?
The potential to make money is one of the major reasons people play this game. There are risks associated with any investment. You will need to do some research if you want to know what ETH means. Although it may be a fun game, you should only use the money you are willing to lose.