It is time to know what Axie Infinity is, Axie Infinity crypto, the game, and how the players can earn money to support their families.
Axie Infinity is a Pokemon-inspired NFT game and ecosystem built on the Ethereum blockchain.
Axie Infinity uses two unique cryptocurrencies: Axie Infinity Shards (AXS) and Smooth Love Potion.
Players can make money through AXS staking, selling SLP, and breeding unique and superior Axies.
Explore these article sections
WHAT IS AXIE INFINITY?
Axie Infinity is an Ethereum-based collectible game that was launched in 2018, following the success of CryptoKitties. The game was created by a Vietnamese software firm, Sky Mavis, as a personal project before being converted into a popular Ethereum gaming experience. Axie Infinity can be likened to a blockchain version of Pokémon crossed with CryptoKitties and card games.
In Axie Infinity, players breed, fight, and trade NFTs to represent unique creatures - pets that are called Axies, with distinct abilities, land plots, and other in-game assets.
By playing Axie Infinity in Adventure or Arena modes, players may earn AXS and Smooth Love Potions (SLP). AXS is a governance token that allows token holders to vote on the game's future development. SLP is the game's in-game currency used to produce new Axies.
Axie Infinity is a Pokemon-inspired NFT game and ecosystem built on the Ethereum blockchain. Consider Axie Infinity a blockchain version of Pokémon crossed with CryptoKitties and card games.
The game's core concept revolves around battling and breeding Axies, the unique creatures at the heart of the game's experience. Axies are characterized by features, such as class and body parts, used to distinguish them from other Axies while also determining their rarity level!
HOW TO PLAY - AXIE INFINITY GAME
A player needs an Ethereum-compatible wallet to enter the game and purchase ETH from any reputable exchange. Most transactions take place on a special, bespoke sidechain called Ronin, which Sky Mavis created to offer cheaper costs than the core Ethereum blockchain.
Players must purchase at least THREE Axies from the Axies Infinity Marketplace to begin playing.
Sky Mavis takes a 4.25% cut of all Axies sold, as well as virtual real estate and other items traded between users. Unique Axies with desirable qualities are costly.
Players may also breed new Axies by spending some of the game's two native currencies: AXS and SLP. By defeating rival gamers and completing tasks, players may earn SLP. Axies are designed for battles. The following statistics determine their combat effectiveness:
An Axie’s health is determined by the amount of damage it can withstand before being knocked out.
Turn order is determined by speed, with the quickest Axies striking first.
When an Axie uses several ability cards at once in a combination, it enhances their damage.
Morale has a beneficial impact on an Axie's critical strike chance, which determines its capacity to knock out an opponent.
Players utilize tactics and strategy to position their Axies on the board in battles of three against three (3v3). The Ability Cards, which dictate the attack moves that Axies can execute to reduce the health of their rivals, are at the center of this gameplay. Each Ability Card is distinctive to each Axie because their bodily structure and class determine it.
The best approach to level up Axies and gain AXS and SLP is to compete in arena fights and competitions (immersed in the virtual world of Lunacia). However, players may also take a more adventure-based approach to their experience by exploring the Axie Infinity world and defeating the game's non-player characters known as Chimera.
AXIE INFINITY COINS
Players who buy into the “play to earn” game may sell goods (including Axies they breed, in-game real estate, and accessories) via the game's NFT marketplace while also gathering tokens. There are two unique cryptocurrencies in this game: Axie Infinity Shards (AXS) and Smooth Love Potion.
The game's primary token, Axie Infinity Shards (AXS), may be purchased and sold on various cryptocurrency exchanges. To play the game, you'll need some AXS, but you can also trade AXS like any other major cryptocurrency. AXS will also be used as a governance token, allowing holders to have a voice in the game's future. However, the AXS coin is more than just a governance token; it also enables holders to stake and earn AXS rewards.
Players earn a second token, known as the Smooth Love Potion (SLP), for playing the game. You can win some by beating an opponent's Axie or completing in-game objectives. The more you play, the more SLP you'll earn.
3 WAYS TO EARN AXIE INFINITY TOKENS
Aside from its entertainment value, players can earn in several ways with Axie Infinity, including selling Smooth Love Potions (SLP), breeding rare Axies or NFT pets, and AXS staking.
1. Selling Smooth Love Potions (SLP)
The most popular source of income in the Axie Infinity world is to farm and sell items known as Smooth Love Potions. Because it's one of the requirements for breeding Axies, SLP has gained much popularity on the market. You may cultivate SLP in three distinct methods:
Player vs Environment (PvE) - Battling or fighting monsters in Adventure Mode
Player vs Player (PvP) - Battling fellow players in Arena Mode
Completing all daily tasks and quests
Winning players earn SLP, which is used to breed more Axies.
2. Breeding unique and superior Axies
The breeding process in Axie Infinity is one of a kind. To make offspring, the game allows players to mate any two mature Axies. The new Axie receives all of its qualities from both parents. If players can breed an Axie with unique and superior features, they can expect to sell it for a good price, around $200, in the market.
3. AXS Staking
The last method to earn with Axie Infinity is via AXS staking. Locking one’s AXS tokens at a specific interest rate and earning different benefits for the locked period is what AXS staking is all about.
FUN FACT: Axie Infinity is incredibly popular in rural Philippines communities. It has provided income to many families to make ends meet during the COVID-19. Watch this mini-documentary below to learn more.
CHANGING THE NARRATIVE OF PLAY-TO-EARN (P2E) GAMES
While video-game streaming platforms like Twitch have made it possible for gamers to generate income by broadcasting their gameplay to a crowd of gaming enthusiasts, blockchain-based games like Axie Infinity have garnered a strong community, especially in the Play-to-Earn game space.