Axie Infinity is a blockchain-based game where users purchase non-fungible tokens of charming creatures known as Axies who engage in battles. It was created by the Vietnamese studio Sky Mavis.
The immensely famous Pokemon series served as the basis for the creation of Axie Infinity. Not only may users buy Axie NFTs, but they can also resell them to other gamers. In addition, the play-to-earn mechanic of the game awards players with crypto tokens that may later be traded for real-world currency.
On the Ethereum blockchain, with backing from Ronin, Axie Infinity conducts its business. The fact that players may breed Axies to build formidable teams and generate additional NFTs that can be sold on the marketplace is one of the most remarkable aspects of playing the game Axie Infinity.
How does Axie Infinity earn profits?
Axie Infinity’s success is entirely contingent on the number of people who use its resources. Its business strategy is based on the play-to-earn idea, implying that any player interacting with the game and the platform gets rewarded.
So, how do gamers generate money? The explanation is presented in Axie Infinity’s whitepaper, which argues that participants interact and benefit in a variety of ways, including:
- Participating in PVP combat to compete for leaderboard awards.
- Investing in and speculating on unique Axies.
- Breeding and reselling Axies on the market.
- Purchasing digital assets and items in Axie Infinity’s universe using in-game AXS tokens.
- Farming for love potions to sell on cryptocurrency markets.
How to play Axie Infinity?
To play Axie Infinity, you must have three Axie NFTs. Axies may be resold and earn prizes via gaming.
Axie Infinity’s assets have now been transferred from Ethereum to its sidechain Ronin. As a result, having a Ronin wallet and an Ethereum wallet is required. After installing the Ronin wallet, the Ronin bridge may transfer ETH to Ronin, converted into Wrapped ETH. WETH can then be used to purchase Axies.
An account must be registered on the official website before downloading the game on Mac or PC. To install the game on a tablet or smartphone, an Android APK may be obtained. The game is also available on iOS.
The Ronin wallet must be connected to the account regardless of whether the version is used. To begin playing, axes from the wallet must be synchronized with the game.
The four stats
The outcome of combat is determined by four metrics outlined below.
Health (HP)
The amount of damage a player’s Axie can withstand before being knocked down.
Skill
It determines a player’s potential harm. Multiple cards must be played on the opponent throughout the combat to do additional damage.
Speed
It determines the assault sequence. The faster an Axie moves, the faster it can attack. An Axie’s greater speed increases her chances of evading a deadly or critical attack.
Morale
The morale score influences whether an Axie can critically attack its opponent. When an Axie is losing, morale determines whether or not it gets a final stand.
Classes and body parts
The four stats of an Axie are impacted by their class and bodily parts.
Classes
Axie classes are reminiscent of different sorts of Pokemon, and each class has its own set of advantages and disadvantages. While there are six normal courses, there are three hidden classes.
Common classifications include plant, aquatic, avian, reptile, insect, and beast. Dawn, mech, and dusk are all hidden classes.
Body parts
Axie has six physical parts: eyes, ears, back, mouth, tail, and horns. Each component is important in the struggle. A card represents the job. Only the mouth, back, horns, and tail determine the sort of card an Axie may employ in combat.
Lunacia
Lunacia, Axies’ home, is split into tokenized parcels of land known as Terra, shown by square and coined as NFTs.
Land may be purchased, leased, or developed by players. Lunacia contains four geographical types: forest, mystic, savannah, and arctic.
Raylights is Axie Infinity’s first land-based game for landowners.
The AXS token
AXS, or Axis Infinity Shard, is the game’s native governance token. It may be used to pay for breeding costs.
Owners of AXS get benefits for staking their tokens, participating in significant governance votes, and playing the game.
AXS is accepted as money in the Axie NFT marketplace.
What is Small Love Potion?
Smooth Love Potion, originally known as Small Love Potion, is a reward token gained via adventure mode or battling in the game.
It is an ERC-20 utility token having a similar value to other cryptos that can be bought and sold on a decentralized exchange.
Axie Infinity marketplace
The Axie Infinity marketplace is the finest location to find and use Axies. One may look at the Axies for sale and those sold to others lately.
Filters are provided to restrict the Axie results to identify adorable monsters based on one’s stats, class, body parts, and so on.
What’s unique about Axie Infinity?
Axie Infinity is not only entertaining, but it also provides ownership. Axies are owned by gamers and deliver actual benefits such as SLP crypto tokens, which can be exchanged for cash.
The more time and work one puts in, the greater the benefits. Yield Guild Games, in which Axie owners lend their non-fungible tokens to other players for usage and earning, have resulted in Axie scholars.
Countries such as Indonesia and the Philippines have surfaced as people using Axie Infinity to support their families.
It is unclear if this will be a sustainable model, but it is unquestionably a new notion.
Partnerships
- Axie Infinity and Bit2Me announced their collaboration in February 2022.
- In February 2022, Axie Infinity and Bit2Me announced their cooperation.
- Axie Infinity’s Ronin Network has joined Google Cloud to improve security.
- Cloud9, a North American eSports company, announced a December 2022 cooperation with Axie Infinity.
Conclusion
Axie Infinity is the market leader in blockchain gaming, with a big and devoted fan following. The future seems bright for Sky Mavis, continually developing and providing unique experiences.
One of the key driving elements behind Axie Infinity’s success is its community. However, one should not overlook that AXS is very volatile, which is not good.
In addition, additional game platforms may emerge to replace Axie Infinity. Because of these circumstances, claiming Axie Infinity is risk-free would be incorrect.
It has both positive and negative aspects, and judgments must take both into account.
