Sat. May 18th, 2024
Axie Infinity NFT Game

Check out the latest NFT Games like Axie Infinity

Axie is interesting in that it uses cryptocurrency to support a new type of video games in which you can generate significant income simply by playing. The game is surrounded by a community that has a financial stake in Axie through the game’s two currencies that they can use to influence its development. This is a game where players have to buy Axies with Ethereum, but in return they can also earn real money by converting play points to cash or growing and selling more Axies. By winning in-game battles or selling Axies to other players, owners can earn in-game currency.

But in the “play to make money” model, players earn tokens by winning battles with their Axies against other players or by selling them in the Axies market. Players then earn SLPs, which are then converted to ETH, which can then be converted into real money. Players must enter each level with a team of three aces, fight NPCs, and win to earn SLPs. You can get this free SLP by winning 5 times in PVP and 10 times in PVE. 

In addition to the small love potion token (SLP), breeding Axies also requires 0.005 ETH. Last week, he sent 800,000 Axis Infinity Shard (AXS) tokens to early adopters and opened up staking opportunities, allowing users to lock up their tokens and receive new tokens in return, which led to a sharp increase in the value of his tokens . It was developed by Sky Mavis, the developer of the Axie Infinity game, and aims to support near-instant transaction confirmation, lower gas fees, and the scalability of Axie Infinity. Axie Infinity is a NFT (Non-Fungible Token) game that uses blockchain technology to allow players to make money. 

Each Axie is a non-fungible token (NFT), which is a unique collectible item that can be bought and sold through non-gaming exchanges. Each Axi is a non-fungible token (NFT) with different attributes and strengths. It can be used in 3v3 battles. The winning team gets more experience points (exp) to increase the characteristics of Axi or develop body parts.

Inspired by popular games such as Pokemon and Tamagotchi, Axie Infinity allows players to collect, breed, multiply, fight, and exchange token-based creatures called Axies. On the surface, Axie is a Pokémon-style game where you can use Axie with different abilities to fight other players. But in order to obtain Axie, the player must buy it on the exchange or withdraw it from the existing Axie.

The difference from Pokemon is that Axies are unique digital items stored on the Axies blockchain; to create new ones, existing owners must “raise” them by spending game currency or buying on exchanges. But the profit potential is not limited to buying and selling Axies. They can cultivate and sell their trump cards in the market, or sell a ready-made team, or convert SLP to ETH, which is the most common method. They need SLP and AXS tokens to cultivate their Axies, which can then be sold or replayed.

I know this is still too good to be true, but with the current trend, there are more and more games to make money that will soon go mainstream and may even become standard. With the advent of NFT games and reports of how users make money easily just by playing, it’s easy for other people to just want to invest their hard-earned money in the hope of making money themselves. But now the tokenomics of blockchain-based digital games like Axie Infinity has allowed users to make money just by playing.

While ear-to-ear games like CryptoKitties have been around for a few years now, Axie Infinity’s earning potential and simple game mechanics have made it more popular than other earning games. It is a trading and fighting game that allows players to collect, breed, breed, fight, and exchange creatures known as “axes” (axolotl-based characters) that are digitized as NFT.

Players can raise aces using AXS and Smooth Love Potion or SLP to create new and unique aces. To avoid axle hyperinflation, the ax can play the maximum number of times. Unlike other blockchain-based fighting and farming games, each Axi can only be played seven times to help control the Axi population.

On average, at the time of writing, Axie is selling for approximately 0.15 Ethereum, which is approximately US$350. According to Twitter user Saharan-sub, Axie Infinity players in Ghana can earn between 854 and 2,562 Ghanaian cedi (US$140 to US$420) per month, which is several times the national minimum wage.

Simpson told me that in some places in the Philippines, people pay rent by playing games with SLP tokens. In the Philippines, companies lend to other players in exchange for 30 percent of their earnings.

Some players sided with these farms, calling them an abuse of the gaming ecosystem to make money. However, due to the popularity of games, many negatives go out of their way to combat phishing and account theft, Axies, SLP and Ethereum from unsuspecting users.

Although the game can be found on reputable third-party software such as Softonic, if you can use official sources, we do not recommend installing from third-party software. Cryptocurrency and blockchain games involve real financial investments in user risk.

In this issue, we will discuss how it works with the co-founder of the game, Alexander Leonard Larsen. Although playing games requires obstacles, including obtaining an encrypted wallet, buying ether, and then spending more than $1,000 in ether to buy the AXS tokens needed to play the game, this success has been achieved. The dream is to endure all difficulties in the Axie game and meet the rest of the world.

Meanwhile, Axie is developing a way for people to buy virtual land in its fictional environment, aptly named Lunacia, and hopes to eventually become a platform for Roblox-like games and experiences. In early 2021, Axie Infinity plans to move its NFT tokens, including Axies, Land and other in-game tokens from the Loom Network, to a custom Ethereum sidechain known as Ronin. Once you’ve downloaded TestFlight on your mobile phone, you can go ahead and visit the game’s official website – Axie Infinity – in your default browser.

In addition to the AXS tokens required to start the game, there are also SLP tokens or anti-aliasing love potion in the game. And they can buy them from other players, with Sky Mavis getting a 4.25% commission. 

But more broadly, Larsen believes that gambling to make money opens up new opportunities for people to become more connected to gambling and own their data. On the other hand, it is also the most risky lever to press, as it directly affects your engagement rates in a game or the amount of “pleasure” you can get from a game. It also means that it is the strongest leverage in the hands of Sky Mavis to balance the SLP economy in times of symbolic inflation / deflation.