Axie Infinity Review How to Play & Earn $SLP on Axie Infinity

The title peaked at more than 1.8 million daily players in mid-2021 before starting to slide as new players became harder to find and the cost of buying Axie characters rose. To help secure Ronin, the developers have drafted in what they call an all-star cast of gamers and other partners from the crypto and NFT space to act as validators for the network. The Ronin sidechain also comes with a dedicated wallet to which player-owned tokens can be migrated. A new feature of the game that cyberghost vs private internet access the Sky Mavis team has announced with gusto is the fact that the AXS token will soon become a stakeable asset. Players of the game will be able to accrue regular rewards by staking their tokens but they will also be expected to continue playing and taking part in game governance to do so. In the future, players will be able to earn SLPs by hosting events on their lands, playing different games in Lunacia with their Axies, and generally having a fun time in this creative environment.

In the past, one of the best ways to earn money playing Axie was breeding Axies together, as two Axies can be parents and breed. However, breeding Axie is not suggested nowadays as it costs AXS, which is likely going to be more expensive than the value of the offspring. Splinterlands is an online card collecting and battling video game powered by blockchain technology. Learn how to play Splinterlands and about its cash prize offerings. Axie Infinity is different from other online games because of the synergy between standard online gaming and blockchain technology.

  • In Adventure mode, you fight a sequence of monsters and face occasional boss, while in PvP you focus on buying the best Axies possible to win over your opponents and earn in-game SLP tokens.
  • Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for another.
  • AXS price is influenced by a lot of the traditional factors such as project news and development details, market sentiment, the flow of cryptocurrency on exchanges, and the economy in general.
  • The game’s setting is filled with creatures called Axies that players can collect as pets.
  • In the realm of NFT projects, Axie Infinity holds the record for the third-highest all-time sales.

Axie Infinity is an online game universe revolving around Pokémon-esque creatures known as Axies. Players can collect Axies as virtual pets with aspirations to battle, breed, collect, raise, and build kingdoms for their Axies. What makes Axie Infinity different from other online games is the synergy it has established between standard online gaming and blockchain. The Ethereum-based game utilizes a design that allows players to own their virtual assets and rewards players who are able to reach an advanced level of skill. Axie Infinity is an open-ended flexible gaming universe in which players can battle their Axies in real time but can also trade them and other tokenized in-game resources, such as plots of land.

What Is Axie Infinity?

You can earn SLP by defeating an opponent’s Axie or for completing in-game quests. In our crypto guides, we explore bitcoin and other popular coins and tokens to help you better navigate the crypto jungle. The collections of smart contracts that power the Ronin Delegated Proof of Stake network. The game also has an activesubreddit where users share their best combos, team-building strategies, and insights on the game. Axie Infinity has a strong user base and can be quite competitive at times.

axie infinity

As of this writing, the least expensive Axies, known as “Floor Axies,” cost around $30. Floor Axies are often weak in battle and likely won’t be able to earn much for its owner. As of this writing, players can expect to pay a few hundred U.S. dollars for a usable team of Axies and upward of $1,000 for a rare Mystic Axie. As a “play to earn” game, players can sell items (including the Axies, in-game real estate, and accessories like lamps. barrels, and flowers) through the Axie Infinity Marketplace. Axie Infinity operates primarily on the Ethereum blockchain and both AXS and SLP are ERC-20 tokens tradeable on the Ethereum network.


The game revolves around players breeding, raising, and battling cute creatures called Axies. Axie Infinity tokens and Smooth Love Potion are both used in-game in the Axie universe to breed and trade Axies, which can in turn be used to generate more of these tokens through trade and gameplay. Certain in-game mechanics also set Axie Infinity apart from other similar blockchain games.

Battlers, traders, holders, and volume all skyrocketed as the world continues to wake up to our revolution. In short, there’s no guarantee your investment will return, and ROI can take a while to manifest. If you don’t plan to play in the Arena, and only want quick profits, why is robinhood crypto not available in my state is not the game for you. Follow the market trends and buy early into new combinations of Axies, it will save you tons of money over the long term.

axie infinity

In September 2021, most etoro share dealing review players were from the Philippines. You can also trade AXS like bitcoin, ether, Cardano or any other crypto. If you already own AXS and hold it on the Kriptomat exchange wallet, you can easily sell it by navigating the interface and choosing your desired payment option.

To Infinity and Beyond: The Growth of Axie Infinity

To kickstart your success in the game, we suggest you take a good amount of time studying this guide and the resources available at GameWithandAxie Zone. Additionally, AXS holders receive revenues generated by Axie Infinity as well as a portion of staking rewards. AXS may also be used to determine eligibility for participation in certain sales/auctions conducted by the Axie team. SLP is only used in the game and can be exchanged for fiat money or another crypto on famous exchanges like Pancake Swap, and even on Binance. Remember we refer to prices in $ to make it easier to understand, but all transactions happen in wETH.

axie infinity

Players aim to battle, breed, collect, raise, and build kingdoms for their Axies. The game has an in-game economy where players can buy, sell, and trade resources they earn in the game. Although the Proof of Stake function of AXS has yet to be launched, the game’s developers have stated that it will be rolled out in 2021. Once fully operational, AXS token holders will be able to stake part of their holdings in return for freshly issued AXS and other in-game rewards. AXS token holders will also eventually have a say in how the platform’s Community Treasury revenue is spent or redistributed. Stakers will, however, also be incentivized to continue playing the game and participate in the platform’s decentralized governance and ownership.

However, due to concerns about congestion on the Ethereum network and fluctuating gas fees, the Sky Mavis team has launched and continues to develop Ronin, a bespoke Ethereum-based sidechain. Ronin is designed not only to improve the player experience but also to enable Sky Mavis greater control over the future development and scaling of Axie Infinity itself. In addition to raising and trading Axies, players can also earn income in the form of two ERC-20 tokens, Axie Infinity Shards and Smooth Love Potions . As the principal Axie Infinity coin, AXS is the game’s central governance mechanism, which players can use to influence the platform’s development. Axie Infinity is a virtual world full of fierce, adorable pets called Axies.

Play-to-Earn Business Model (P2E)

Granted, starter monsters likely will not be able to earn the player much in terms of reward tokens, but the shift could open the game to an even wider audience. To get started, users need to work through a multistep setup process to connect digital wallets and their Axie Infinity account, which is all detailed in the game’s onboarding guide. The early Play Store versions of the app will have limited features. For example, players will not be able to earn tokens, in compliance with current Google Play Store policies.

Decentraland is a digital game that is part of a growing trend that has led to metaverse-related coins proliferating dramatically. In February 2020, Sky Mavis estimated that a new player would need to spend around US$400 to meet this starting requirement. By August 2020, the cheapest Axie cost approximately US$307, although reports as of March 2022 suggest the floor price of an Axie has dipped to around US$20. Axie is a new type of game, partially owned and operated by its players. If you’re looking for additional reading to supplement your forex trading education, you’ve come to the right place! Below we list just a handful of must-read forex trading books that we think are…

The Lunacian

One of these is the in-built population control that means each Axie can only be bred a total of seven times. Although crypto gaming may not be particularly new, it is experiencing a significant surge in popularity right now. Much of this boost is down to the success of play-to-earn games, a genre that the Axie Infinity game is helping to define. Focused on introducing blockchain tech to a mass audience through a fun, accessible format, Axie Infinity has made headlines with its astonishingly rapid uptake and far-reaching appeal. Axie Infinity Shards are an ERC 20 governance token for the Axie universe. Holders will shape the future of Axie Infinity by signaling their support for upgrades to the ecosystem and directing usage of a Community Treasury.

Join the GamesBeat community!

The key difference between Axie Infinity and a traditional game is that players are rewarded with crypto tokens for their contributions to the ecosystem. Although Ronin will rely primarily on a dedicated platform-hosted wallet, the developers have stated that they are committed to allowing players to withdraw their tokens back to the Ethereum Mainnet. In terms of real-world money, all in-game assets are NFTs and can be traded in the open marketplace, which is one of the best and most complete NFT marketplaces in the World. With over 3.6 billions in transactions, you might imagine they did quite a good job there. Ronin enabled users on the chain to exchange and sell in-game assets for no fees whatsoever up to a generous amount of transactions per day, facilitating the circulation of value inside the marketplace. Players of Axie Infinity can also purchase virtual land and other in-game assets as NFTs.

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