Every gamer has the ambition of making money while playing video games, but in the traditional sector, only professionals can do so. The fast-paced world of blockchain and cryptocurrencies, on the other hand, never seems to back down from a challenge.
The demand for earning opportunities in games eventually led to the development of the Play-to-Earn (P2E) gaming model, which has grown exponentially since its inception into a mega industry in a relatively short time.
Video game players and cryptocurrency enthusiasts can now make money by defeating other players or simply playing against the environment thanks to the integration of non-fungible tokens (NFTs) and blockchain technology into regular gaming.
Axie Infinity is among the most popular and most played games in this category. This article comprehensively explores Axie Infinity, how play-to-earn works in Axie Infinity, and how to play the game.
What is Axie Infinity?
With an estimated market valuation of $1.1 billion, Axie Infinity is the most played Play-to-Earn game on the market. Axie Infinity is a turn-based game that functions similarly to Pokemon. The game essentially centres on raising, battling, and trading monsters called Axies.
The dynamic economy of Axie Infinity utilizes blockchain technology to give players control over the game assets they have worked so hard to acquire. Axies can be gathered, bred, and traded between players for cryptocurrency within the game. The market value of each Axie is heavily influenced by its usefulness and scarcity.
Each Axie is equipped with a unique set of data. These statistics are divided into four categories, which are as follows:
Health
Each Axie possesses a certain quantity of health. The amount of damage an Axie can take before being forced to leave the fray is determined by its overall health.
Morale
An axie’s morale influences its last stand chance, its chances of making a critical strike, and the number of last stand ticks it receives.
Skill
Axie skill level influences the overall damage bonus of combinations.
Speed
The speed of an Axis determines its position in the battle. Axies with faster speeds will go first, followed by those with slower speeds.
Completing daily objectives and engaging in player-vs-player combat will net you Small Love Potion (SLP) and Axie Infinity Shards (AXS).
These items can then be exchanged for the player’s preferred currency on a cryptocurrency exchange.
Skill
The overall damage bonus of combinations is affected by an Axie’s skill level.
Speed
The order of an Axies in the battle is determined by its speed. Axies with higher speeds will go first, while those with lower speeds will follow.
Small Love Potion (SLP) and Axie Infinity Shards (AXS) can be obtained by completing daily objectives and engaging in player-vs-player combat. These items can then be traded for a currency of the player’s choice on a cryptocurrency exchange.
How Play-To-Earn Works in Axie Infinity
Selling SLP Tokens
An SLP token is a virtual currency that players can earn as a reward for participating in the game.
SLP Tokens can be obtained in three ways:
- Completing daily tasks
- Going on adventures in adventure mode, or
- Fighting in arena mode.
Selling In-Game NFTs
As everyone knows, these adorable Axies are NFT assets that gamers can trade to profit greatly on the Axie Marketplace.
Breeding Axies for sale, as well as selling Axies that gamers have already acquired, can be profitable if they are raised to become unique and powerful.
Breeding Axies
Gamers can cross axies, just like normal pets, to produce new offspring. These offspring can then be used in battle or to create new offspring. They can also sell the offspring in the marketplace. In Axie Infinity, breeding is primarily used to create Axies with specific traits, such as body parts, cards, and classes.
To control the Axie population, breeding new Axies requires various resources. Smooth Love Potions (SLP) and AXS tokens are required for breeding.
The total number of breeds in both parents will influence the cost of mating two Axies. Two Axies are required for an egg to hatch. A new Axie will be born in five days. Axies need an additional five days to mature into adults.
Siblings are not allowed to breed together. It is also forbidden for parents to breed with their offspring.
How To Breed Axies on Axie Infinity
- Choose the Axie that you want to breed from your inventory. From the drop-down option, choose “Breed.”
- A new window will open, allowing the gamer to select the second Axie for their breed.
- Select the second Axie in your possession. Then click the ‘Let’s Breed!’ option.
- The gamer’s Axie Egg will show up in their inventory in a few seconds.
- The Axie will be born in 5 days. Next, select “Morph to Adult.”
Steps for Starting Axie Infinity
There are a few steps that gamers must complete before they can join the Axie community. Here are the steps that they must follow:
Install a Digital Wallet and Load it with Ethereum (ETH)
Because Axie Infinity relies on cryptocurrency to function, the player must first install a digital wallet.
Although there are many cryptocurrency wallets available, seasoned Axie players recommend MetaMask.
After downloading the wallet, fund it with Ethereum (ETH), the digital currency required by the game.
Gamers can purchase ETH from platforms such as Binance, Coinbase, or Coins.ph.
Set Up a Ronin Wallet
The next step is to create a Ronin Wallet. The gamer can download it as a mobile app from the Google Play Store and the Apple App Store or as an extension for browsers like Chrome and Firefox.
The Ronin Wallet is essential because it is where gamers will store their digital assets, such as Axies and ETH. Using Ronin Bridge, add ETH to the Ronin Wallet.
It should be noted that in some countries, gamers can purchase ETH directly from Ronin.
Get Axies
Gamers can obtain their axies in two different ways. They can purchase the axies directly from the game’s official marketplace. They can also search for another player that can lend them or give them an Axie.
Buying Axies in the Marketplace
Gamers can buy Axies right from the Axie Infinity Marketplace using their Ronin Wallet. Visit the Axie Infinity Marketplace and select “Log in with Ronin Wallet” to get started.
Applying for a Scholarship Request
Axie Infinity players can use a system known as “scholarship,” which allows aspiring players to use the Axies of more experienced players.
Veteran players often accumulate more Axies than they can handle. They facilitate the scholarship system by lending or giving Axies to new or aspiring players who lack the funds to acquire theirs.
Keep in mind that this mechanism is not part of the game. Contracts for payments and transactions are made outside of the game platform.
Open an Account
Now that the gamer has their Axies, it’s time to create a game account. This can be done by going to the official Axie marketplace, signing in, and setting up an email and password.
Download and Play Axie Infinity
Gamers can download Axie Infinity on their device after creating their account. The game is available on Windows and macOS for desktop gaming. Gamers can also play the game on mobile by downloading the game’s APK for Android or TestFlight for iOS devices.
Tips for Getting Started With Axie Infinity
Axie Infinity has a large user base and sometimes faces fierce competition. Gamers should spend some time studying resources on AxieZone and GameWith to jumpstart their success in the game.
Users can post their top combinations, team-building tactics, and game observations on the game’s active subreddit.
Axie Infinity is not a difficult game to play, but doing some research before purchasing a team can save players money and stress in the long run.
Before making a purchase, gamers should always check the leaderboard and the teams of the best players and ensure that the Axies they buy have high-quality cards.
Useless cards can hurt the gamer in combat and make the Axie more difficult to sell if they want to switch teams later.
Team upgrades are essential because the game is an ever-evolving battle. A team that functions now may not work in two months.
Furthermore, gamers must follow market trends and invest early in new Axies combinations to save a lot of money in the long run.
Gamers should also determine the best time to sell and buy a new team when one of their current teams is underperforming. Selling and purchasing Axies in the marketplace is free of charge. This is one of the key advantages of the Ronin sidechain.
In Conclusion,
- The Play-to-Earn (P2E) concept allows gamers all over the world to monetize their hobby thanks to the development of blockchain technology and its derivatives.
- Axie Infinity is setting the standard for other game developers in the Play-to-Earn industry.
- Although the initial investment in Axie Infinity can be costly, the investment has the potential to be profitable.
- Scholarships are an excellent way for people on a tight budget to avoid having to deposit before playing.
- Gamers should conduct their research before purchasing or breeding Axies. There are many factors to consider before gamers invest their money in Axie Infinity. Failure to do this can be detrimental to gamers.
Disclaimer: This article is intended solely for informational purposes and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence.
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