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| IMAGE: Axie Infinity |
Axie Infinity – The Newest Video Gaming is Now Here
Axie Infinity is now the leading blockchain game where the players can earn rewards in the form of cryptocurrency tokens that can be exchanged for actual cash. In the gaming industry, Axie Infinity is called a play-to-earn model.
Some of you might think that it sounds too good to be true. After all, how can you earn money and play a game at the same time, right?
Well, this is possible, and Axie Infinity is here to prove just that.
What is Axie Infinity?
Sky Mavis, a gaming startup based in Vietnam, is the developer beyond Axie Infinity. This makes use of two cryptocurrencies that are Ethereum-based, and these are SLP or Smooth Love Potion and AXS or Axie Infinity Shards.
This took inspiration from Pokemon, and here, gamers collect the digital pets called Axies that can be bred, nurtured, traded, and battled in the Axie ecosystem.
This game is developed to provide an educational, accessible, and fun way to learn more about blockchain technology.
How Do You Make Money with Axie Infinity?
You can earn money from Axie Infinity in different ways such as the following:
- Breed and sell Axies
- Farm and sell SLP for real money
- Invest in Lunacia Land
- Start your own scholarship
- Trade AXS and SLP
This game is currently in its alpha stage and more features are expected to be added to it. This means that sooner or later, there will be more additional ways to earn money on Axie Infinity than those listed above.
How Do You Earn SLP?
Many players farm SLP or Smooth Love Potion to earn money in Axie Infinity. SLP is vital in the Axie ecosystem. This is high in demand since it is necessary for breeding new Axies. You can also trade or sell SLPs on exchanges based on the SLP’s current price in the market.
There are currently three ways for earning SLP in the Axie universe:
- Check-in once a day to complete daily quests and complete tasks
- Battle other players in the Arena or PVP
- Battle monsters in Adventure Mode or PvE
Where Can You Look for Axie Infinity Scholarship?
You can always get a scholarship if the upfront cost is too high for you so you can start making a decent amount of income. A group of people or an individual who rents out their Axie team manages these scholarships.
A scholarship has an agreement in which the manager will take a cut of the SLPs that the scholar has farmed. You can search for scholarships in Axie community groups on Facebook, Reddit, and Discord.
Axie Infinity as well as other types of play-to-earn games in the market right now have formed a whole new digital economy that changed gaming in more ways than one. Now, a simple game can make you earn money with the help of blockchain technology. It would be safe to say that the play-to-earn model is here to stay and is poised to enjoy exponential growth in the years to come.
