Axie Infinity is the most popular play-to-earn (P2E) game. The game is powered by the blockchain and it allows the participants to earn crypto. Blockchain games have brought new changes to the world of games. Currently, Axie Infinity has 2 million users and a vibrant digital marketplace.
Some of the common questions about Axie Infinity include:
Is Axie Infinity legit?
Is Axie Infinity dying?
A good number of players are earning legit income from Axie Infinity. Thus, Axie Infinity is legit. The blockchain game provides two ways of earning crypto: By collecting the native token of the game, SLP tokens, and by developing and selling Axies, the main characters of the game. The increasing popularity of the blockchain game is a clear indication that it is not dying anytime soon.
Since Axie Infinity uses NFTs (Non-Fungible Tokens), the Axies are owned by the players, and they are hot digital assets that you can buy and sell. Rare Axies are very valuable, with some being sold for thousands of dollars. To start playing the game, you will need to have some Axies. The good news is that you can easily buy these from the marketplace.
Playing Axie Infinity involves collecting, breeding, developing, battling, and trading the Axies, which are fantasy creatures. It is almost similar to Pokeman, but the Axies are based on NFTs and the game runs on the Ethereum blockchain, enabling new game dynamics. The game rewards the players with crypto tokens that they trade or transfer.
How to Play Axie Infinity
The following are the steps on how to play Axie Infinity:
Step 1: Set up a crypto wallet
To play Axie Infinity, you need to set up a Ronin wallet here. The crypto wallet will need a seed phrase for keeping it safe.
Step 2: Connect the crypto wallet to Axie Infinity
You should log into your Infinity account and connect it to the Ronin wallet. Click “Attach Ronin to Account” to connect the wallet to your Axie account. You will receive a verification link in your email.
Step 3: Buy some Axies
You should buy some Axies from the marketplace. You must have at least 3 Axies to play the game. The Axies are bought with ETH crypto and each cost at least $30. There are more than 600K Axies in the marketplace for you to choose from.
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Step 4: Download the Axie app
Once you have purchased the 3 Axies, you need to download the Axie app. The app comes with versions for Windows, Android, and Mac OS.
Step 5: Log in
You can now log into the installed Axie app. You will be required to log in using the details of the Axie account that you created earlier.
Step 6: Go to battle
You can now start to play the blockchain game. Each Axie has 4 stats namely Health, Morale, Kill, and Speed and these determine its role in the battle.
There are also different classes of Axies that determine their strengths and weaknesses against the other Axies.
Axie Infinity battle is a turn-based card game in which the goal is to eliminate the enemies that your 3 Axies are facing. The cards must be played strategically to increase the chances of victory.
Axie Scholarships
The high cost of entering the Infinity has led to the launch of a new market for Axie scholarships. If you follow Axie Infinity news, you must have come across this. In this market, the owners lend their NFTs to players who in turn share with them a proportion of their daily earnings. You can find many lenders on the platform, allowing you to choose the Infinity scholar of your choice.
This helps the participants to pool together knowledge and expertise to increase their earnings and chances of success. CGU (Crypto Gaming United) is one such guild.
SLP Token
SLP (Smooth Love Token) is the native Axie Infinity coin and it’s used to fuel the gaming system.
More SLP tokens are created as more players join Axie and progress in the game. This means that there is the potential for an infinite supply of tokens. The tokens are demanded in activities such as breeding of Axies, which helps to maintain their value.
The Axie coin value is also affected by the forces of demand and supply. This means that the price of the coin can be very volatile. You can be following Axie news for more information about this. Dedicated players can make between 100 and 200 SLP tokens daily. The player can then withdraw the SLP tokens via Ronin or to supported exchanges such as TimeX where they can be traded or exchanged for other cryptocurrencies.
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