Do you know about axie infinity? Otherwise, you will not only know about it in this article but also how to earn in axie infinity. Continue reading…
Axie Infinity is a digital game based on NFTs hosted on the Ethereum blockchain that is being used by families to complete their salaries. Axie offers players the opportunity to create real value while having fun.
Developed by Sky Mavis, the Axie Infinity platform enables gamers to create real, self-sustaining digital economies within the game itself. Axie Infinity uses non-fungible tokens (NFTs) to represent fantasy creatures, known as axies, that are inspired by the Pokémon.
Axies are collectible pets, with unique characteristics and abilities registered on the blockchain, that can be bred to fight other axies and earn cryptocurrencies as rewards in each battle. They can also be reproduced or traded on secondary markets.
Because of its operation, Axie Infinity is classified as a “Play to Earn” game. Rewards are offered in SLP (Smooth Love Potion) tokens, which are worth $ 0.33 per unit at press time.
What is axie infinity (AXS) ? Axie.infinity
A blockchain-based game called Axie Infinity has taken over the crypto space and is currently dominating the NFT world. But what is it exactly?
Axie Infinity is a decentralized digital pet universe (DApp) created on the Ethereum network where people can collect, train, breed and fight fantastic creatures called Axie, earning real money rewards.
This game is inspired by Pokemon, and we will have to collect “little creatures” called Axies , with whom we will form a team of 3, and we will begin to fight against other players or against the game’s AI.
Axie.infinity is an Ethereum-based game in which players collect, breed, trade, and fight adorable creatures known as “Axies.” Axie.Infinity describes itself as “a universe of digital pets on the blockchain.”
In addition, players can buy land and collect resources that can be used in the game and generate income. Axies, land and game assets are available through Axie’s designated integrated marketplace.
Since the introduction of CryptoKitties in 2017, the development of non-fungible tokens ( NFTs ) and crypto games has increased substantially. The tokenization of assets on the blockchain presents a huge value proposition for property rights.
While many other industries can certainly benefit from NFTs, currently, the industry in which NFTs have been most widely adopted and appears to be thriving is in crypto games.
Small Love Potions (slp to php)
As mentioned above, little love potions are necessary for Axies to breed. Little Love Potions (SLP) can be rewarded to users for completing objectives and performing tasks in the game.
Additionally, small love potions can occasionally be found as the depths of the world of Axie Infinity are discovered. These potions have fundamental differences from other token assets in the game.
Little Love Potions (SLP) are ERC-20 based currency tokens as opposed to the non-fungible ERC-721 token standard used for other game items. SLP tokens can be bought and sold on decentralized exchanges, such as Uniswap.
If users have accumulated SLP tokens in their Axie account and do not want to use them to reproduce them, there is an opportunity for users to profit and sell them on an exchange.
Also, if players need additional love potions to raise their Axies and don’t want to wait until they have collected enough throughout the game, they can purchase additional SLP tokens through Uniswap!
Axie Infinity Shards (AXS) Tab
The Axie Infinity Shards (AXS) token is also an ERC-20 token . However, AXS is also the governance token for Axie Infinity Universe. In the future, when wagering the AXS token, users will receive rewards, but only if they play and participate in government activities as well.
The Axie Infinity Shards token is rewarded to players when they play particular games within the ecosystem. Additionally, a percentage of AXS tokens have been allocated to user-generated content initiatives, which offer Axie Infinity token rewards.
The Axie Infinity Shards token has two main functions. First of all, the tokens are there to reward users for interacting with the Axie Infinity platform, while at the same time incentivizing users to keep AXS tokens to claim more rewards.
Furthermore, the use of the Axie Infinity token is to maintain the decentralized governance of the entire Axie Universe. Axie Infinity hopes to become the first truly decentralized game owned by players. This can be possible by using the Axie Infinity Shards tab.
Since its initial listing on CoinGecko in November 2020, the Axie Infinity Shards (AXS) token has risen in price from $ 0.14 to $ 2.01 at the time of writing. The AXS token has seen a steady upward price movement recently, hitting a new all-time high of $ 2.33 in February 2021.
Non-fungible tokens (NFT)
Non-fungible or NFT tokens are tokens that represent a single data set. Bitcoin or dollars are fungible, since a five dollar bill is equivalent to another five dollar bill.
While non-fungible tokens could represent an educational certificate, a work of art, a piece of digital land, or a verifiably rare shield or sword. The possibilities are endless.
The key distinction between NFT and fungible assets like BTC or ETH is that they are not tradable, cannot be duplicated, and all information from NFT and previous owners is transparent and visible on the blockchain.
Axie Infinity is based on the Ethereum blockchain. The Axie.Infinity developers use the ERC-721 token standard for NFT within the game.
Non-fungible tokens (NFTs) can be used within games to grant players exclusive rights or opportunities. For example, owning an Axie NFT gives the user commercial rights to create fan art of that particular Axie.
If other users want to use your Axie NFT for design, they must first receive your permission (and possibly pay a fee). Axie’s NFTs offer users the opportunity to profit commercially from their fanart and products. NFTs have become one of the hottest trends in crypto in the last year.
Furthermore, NFTs are opening up the possibility of tokenizing real-world assets on blockchains and entering a new digital universe.
Axie infinity gameplay – how to play axie infinity
The Axie Infinity game is designed as “an open digital pet universe”, with fun being the top priority. Axie’s core team believes that making the universe as fun as possible will attract new users.
In theory, this should add more value to the Axie network by increasing community engagement and attracting new users.
The Axie battle setting is a combination of much-loved games like “Final Fantasy Tactics,” “Pokemon,” and “Idle Heroes.” The structure of the game is a turn-based card game in real time, playing cards to defeat all the enemies your Axes face.
Cards are chosen from a pool of four potential cards, each assigned its own body part; mouth, horn, tail or back (explained later).
Whether you love card game battles, build your own digital land, or own meager digital assets and pets, Axie Infinity has created the ultimate battle game and budget experience.
To get started with Axie Infinity, you will first need a MetaMask wallet, plus some ETH as well.
How to play axie infinity on android
If you are using an Android phone and have a reliable internet connection, then that is enough to start earning with Axie Infinity Mobile. With that, it is important to learn how to play Axie Infinity on Android. Follow the steps below to play the game on your Android phone.
How to start axie infinity
• First of all, download and install Axie Infinity Apk on your Android mobiles.
• Now you need to create an account on MetaMask and Ronin Wallet, as they are both Crypto Wallets.
• Once you do, you need to connect both accounts via Chrome browser or Kiwi browser.
• Now transfer some ETH, AXS or you can also use SLP tokens.
• Then start the game and there you will be asked to scan the QR code that you will have in the MetaMask.
• Now go to the MetaMask Wallet app and then tap on the Menu.
• There you will get a Control Panel option that you need to select where you can also find the QR Scan option.
• So now tap on that and the QR code will appear on your phone screen.
• Capture a screenshot of that code or scan it.
• Now you will enter the game.
• To play, you need to buy some AXS or SLP tokens.
• Then buy Axies and start playing.
How to earn on Axie Infinity with Ronin Wallet Apk?
Above I have shared the process through which you can start playing. But to start earning, you have to connect MetaMask Wallet with Ronin Wallet Apk. Apk is the extension file for Android that you can download and install on your phones.
So later you will have to connect both wallets and transfer some ETH to MetaMask.
To make it easier for you, I am going to break the process down into short steps. So, you need to follow the below mentioned steps.
• First download a Ronin Wallet Apk and install it on your phone.
• Now create an account there and you have to save the keys or phrases somewhere.
• Next, connect your Ronin Wallet with the Axies Infinity account.
• Download and install MetaMask Wallet, which is another crypto wallet.
• Now create or register an account in MetaMask.
• Then send or transfer Ethereum or ETH.
• You can buy ETH using MetaMask or transfer it from any Crypto Exchange.
• Then transfer the required amount of ETH or Ethereum to your Ronin Wallet.
• Launch the game and scan the QR code on your Ronin Wallet or take a screenshot and upload it.
• Now you can open the game and play it to buy, trade and breed your Axies.
Note: If you have the option of depositing ethereum via credit to the Ronin Wallet, then you don’t need multiple wallets. You can do it through Ronin Wallet Apk or MetaMask Wallet.
Axie infinity market / Axie infinity marketplace (AXS)
Once you have set up your MetaMask wallet, before you can enter the game, you must first purchase three Axies from the Axie Marketplace.
Axie Marketplace is a decentralized marketplace where players can see all the items available within the game.
You can view and filter through thousands of different axes available. Also, the tab at the top allows you to switch the market between Axes, lands, items, and packages. In-game items currently need to be paid for in ETH, with asset prices ranging from 0.04ETH to over 100 ETH.
The most expensive Axie NFT transaction of all time occurred this month when a user purchased nine parcels of land for 888.25 ETH, just over $ 1.5 million at the time of purchase.
Additionally, new players have the option to purchase eggs instead of Axies ‘Petite’ or ‘Adult’. Once the user has three Axies in their wallet, they are ready to download the application! Links to downloads are available through the Axie website for Android, Windows, and macOS.
However, for iOS, there is a link to request an application for an invitation to download the application.
How to earn in axie infinity (AXS) – Axie infinity earn money
Axie Infinity is a decentralized application where players breed, fight and trade digital creatures called Axies, with the particularity that money can be won.
For playing, users get tokens called Small Love Potion (SLP), ERC-20 tokens and can be used to raise new digital pets.
Cryptocurrency- based games have become popular because they allow players to monetize the time they spend in the game by operating, renting and selling items, the company explains.
Interestingly, Axie Infinity has become a primary way to earn income for people in developing countries such as the Philippines, Vietnam, and others.
Axie Infinity is an innovator in utilizing a new business model enabled by crypto: play to earn.
Play to earn is a new business model in gaming that allows for an open economy within the game itself that provides financial benefits to the players who participate in the game.
Currently, users playing Axie Infinity can earn around $10 – 20 a day in digital assets through playing the game. While that amount of money does not make a difference in places like the United States, that amount makes a drastic impact in countries like the Philippines, where the daily minimum wage is usually between $5 – 10.
Thus, workers can earn effectively double the minimum wage by just playing a game, which is a lot more fun than alternative jobs anyway!
Axie infinity scholarships
Around Axie Infinity a community of players has been created that reaches 16,000 people , of which 1,900 people benefit from Axies Scholarships . Scholarships are currently enjoyed by players in countries such as the Philippines, Indonesia, India, Venezuela, and Brazil.
Yield Guild Games explains, that scholarships are a participation model in which Axies owners rent their NFTs to new players so that they can play and start earning tokens in the game without having to invest money upfront.
“The profits are divided between the player, the owner of the NFT and the Community Manager, the latter being responsible for recruiting, training and advising the new player”, highlights the company.
Axie Infinity is not only designed for fun, but also to allow people to make some real money. You can win thousands of dollars through this amazing blockchain game. It’s pretty simple how to earn in axie infinity.
You can play it on multiple devices like Mac, Androids, iOS, and Windows.