The objective of this article is to provide the Axie Infinity game review – to help you enter the Metaverse. In this Axie Infinity review, we will also look at what kind of game this is, how to play this game, and how much you can expect to earn from playing.
Axie Infinity was developed in 2018 by Sky Mavis, a studio based in Vietnam. The game from a list of other games is also popularized due to its $AXS token’s incredible growth in the cryptocurrency market. The token is used for governance, and the players can benefit from the token’s price growth. Axie Infinity is definitely a pioneer and a leader in games based on blockchain technology.
What is Axie Infinity?
To answer the question of what is Axie Infinity, we will define the game and the logistics surrounding this game. Axie Infinity is an online game based on NFTs. It started with some anticipation from users but has achieved tremendous growth in 2021. Axie Infinity utilizes the play-to-earn model, encouraging users to spend their time not only playing but also earning a reward while engaging in the game. The players enjoy the gameplay. Each player can buy and breed ‘Axies’ to win small love potions (SLP). Each player must have a minimum of 3 Axies to play the game, the minimum price of which could be around $60 at the time of writing (the prices of Axies can be very volatile as it has ranged from $10 – $200 in the last six months!). SLPs are tokens that can be sold in exchanges like Binance or Uniswap. Similarly, each Axie is an NFT that can be sold outside the game. Therefore, you are no more wasting time playing an online game!
With currently over 2 million players involved in the game, its popularity comes as no surprise to many of us. We hope you now have an idea of what is Axie Infinity game.
How to play Axie Infinity?
By reading this section, you will get familiar with how to play Axie Infinity.
Once you have purchased 3 Axies and synced them into the game, choose one of the 2 game modes: Adventure Mode or Arena Mode. We recommend you to start with adventure mode. You can choose arena mode once you become familiar with the game settings.
If you win in a game mode, you will be rewarded with an SLP token. You have 3 daily quests to complete, and you will be rewarded with 50 SLP tokens for completing your daily quests. You can earn up to 100 SLP tokens by playing in adventure mode. Each SLP token is currently trading at an updated price of $0.026. So you have to accumulate a lot over time for this money to make a difference!
As with any game, the beginner levels are easy. But the bar is raised a bit higher as you proceed to the next level. But that’s where the fun is, right?
Now that you have a basic understanding of the game, do let us know if you intend to play Axie Infinity.
How Does Axie Infinity work?
In this section, you will learn the answer to ‘How does Axie Infinity work?’ We will look at the underlying concepts in this popular game.
We know that Axie Infinity is a blockchain-based game incorporating NFTs. NFTs are unique collectibles or assets that you and I can own and trade in a marketplace for value. The game uses the concept of monsters to play. You can buy monsters for the tokens you receive by winning each game. The monsters are verified assets recorded in the blockchain – therefore, each of these monsters is a unique NFT.
Because the monsters are NFTs, they can be bought from a marketplace outside Axie Infinity. Similarly, the tokens can be exchanged, bought and sold in an exchange outside this game. This is the crux of the game to earn the model that Axie Infinity uses in their industry.
Head to their website to start playing Axie Infinity!
How to make money on Axie Infinity?
Axie Infinity would not be so popular if the players were not able to earn from the game. Therefore, its success could be directly attributed to this unique play-to-earn model. Now, to answer the important question of how to make money on Axie Infinity?
You can start earning from the game by two methods:
- By earning tokens: As we previously discussed, you can earn around 100 SLP tokens each day and sell them via an exchange.
- Axie Infinity also has an NFT marketplace where you can buy and sell your Axie monsters. The prices can vary a lot when you decide to buy and sell your NFTs.
Do not forget that in order to make money with Axie Infinity, you should first incur a cost: buy 3 Axies from their marketplace. Then, start making your own money!
How much can you earn in Axie Infinity?
You may wonder how much you can earn in Axie Infinity – whether it is worth spending your ETH to buy Axies if you are not going to get a good return. Good question.
As we saw earlier, there are 2 ways to earn money. The money from selling the SLP tokens each day is not too much if you only receive 100 SLP tokens (at the time of writing, you can sell the 100 tokens only for $2!). But you can always earn more SLP tokens if you are very good! How much you earn from these tokens also depends highly on the price of the token when you want to sell them.
Secondly, you can create NFTs and sell your Axie monsters in the marketplace. Their prices can vary depending on ETH prices and predictions. Axie monsters’ prices are also determined by various other factors such as their uniqueness, breed, and body type.
Using these two methods, you can earn money in Axie Infinity.
From this guide, it is clear that Axie Infinity owes its popularity and status to the play-to-earn model. It’s one of the best games that has constantly made it to the crypto news. The players, however, need to invest in 3 Axie monsters to start playing. You can earn from your SLP coins for each game you win or by selling your Axie monsters in the marketplace. You can download the game on your mobile, iPhone (iOS), or Android device. Axie Infinity has established itself as a legit game in the industry.
We have given you a comprehensive guide on how to play Axie Infinity. Start playing to earn handsome rewards today!