What is Axie Infinity and how to play it?

What do you need to know about Axie Infinity, one of the most popular play-to-earn games? We have collected all the frequently asked questions in this article.
What is Axie Infinity and how to make money
Top NFT game: Axie Infinity

Axie Infinity is a play-to-earn NFT game that makes enough money for people to make a living in some countries. We’ve prepared a detailed guide about Axie Infinity, which has recently been at the top of the best NFT-based games list.

What is Axie Infinity?

Axie Infinity is an NFT war game similar to the Pokémon we are familiar with. We collect, develop and fight monsters with NFT features in the game. We call these Axie characters “monsters,” but they’re pretty cute.

Axies have four attributes: health, morale, speed, and ability. These four features make up the fighting power of cute monsters. Axies face off in real-time encounters, fighting just like Pokémon.

What-is-axies
Axies are cute monsters with NFT features.

Axie Infinity is a play-to-earn game. Statistically, it can easily be one of the highest-grossing NFT games ever. Axie Infinity is owned by Sky Mavis, founded in 2018 by Trung Nguyen and Aleksandar Larsen. Axie Infinity runs on the Ethereum blockchain, and each Axie in the game is an ERC-721 based NFT.

In summary, Axie Infinity is an Ethereum-based play-to-earn game where you can earn money by buying and selling Axies, which are in-game NFT items, or by selling tokens you get from matches.

How to play Axie Infinity?

To play Axie Infinity, you need to create a Ronin Wallet on Sky Mavis. You will use this wallet while trading AXS coins. After making your first AXS transfer to Ronin Wallet, you must create your membership and connect your accounts. Then you can start playing Axie Infinity by downloading Sky Mavis Hub.

You need to own at least 3 Axies at the beginning. If you don’t have any Axie and log into the game for the first time, you can buy them on the Axie market. You can play the game on Windows and Mac platforms and mobile on your iOS and Android devices.

Axie-market
You can find many Axies in the Axie market, from cheap to expensive.

After completing these stages, you just need to enter the game. You can find many gameplay videos on YouTube and get more details about the gameplay.

Axie Infinity game modes

Axie Infinity has two different game modes. In Axie Infinity, where you can play as PVE or PVP, you can complete missions by fighting against the computer in PVE (Adventure) mode, and you can earn coins and various rewards from your missions. Beginners can train themselves in PVE modes and prepare before facing other powerful opponents. This mod strengthens the Axies in the account and allows the player to gain experience and rewards.

The other game option is the PVP (Arena Battle) game mode, where you fight against other players. You can test yourself against your opponents in PVP mode. If you win, Axie Infinity rewards you with cryptocurrencies. We can say that this mod is more challenging and rewarding than PVE.

axie-oyun-modes
There are two different game modes in Axie Infinity.

Axie Infinity coins

In addition to NFT characters, there are also two tokens in the game. These tokens, which allow players to earn money, can be bought and sold on the blockchain.

Axie Infinity Shard (AXS)

Axie Infinity Shard (AXS) is the game’s eponymous Ethereum-based, ERC-20 standard token. The game’s primary AXS coin can be traded on the blockchain markets. In addition, AXS coin holders are involved in managing the game. It is possible to say that AXS coin holders are also partners of the game. These people also have the right to vote in the financial decisions of the game according to the amount of AXS they have. Currently, the supply circulating in the cryptocurrency market is 60,907,500.00 AXS, the total supply is 270,000,000 AXS.

Smooth Love Potion (SLP)

Smooth Love Potion (SLP) is an Ethereum-based token using the ERC-20 standard. You can earn SLP playing Axie Infinity and trade it on the blockchain. The SLP token used for breeding Axies, in-game NFT elements, is lower-priced and abundant than AXS. SLP coin currently has a supply of 3.21 billion in the cryptocurrency market.

axie-infinity-axs-token
You can earn AXS and SLP coins by playing Axie Infinity.

Are AXS and SLP coins reliable?

Another question that comes to mind regarding cryptocurrencies and NFT is how reliable they are. AXS coin and SLP will exist as long as the Ethereum blockchain survives. Sky Mavis, the owner of Axie Infinity, is a reliable name rising in the game industry. Of course, there will be fluctuations in this field, as in every area of finance. Sometimes, while players make big profits, and sometimes they may lose money. It is worth remembering that blockchain elements are investment tools. As with any investment, there is a risk. Considering the NFT and crypto money markets, it is possible to give the following two recommendations:

  • Make sure you do your Axie Infinity transactions through Sky Mavis’ own system. Stay away from unfounded, fake sites with similar names or promising more profit!
  • Choose the markets where you will buy and sell crypto values: Take care to trade on reliable exchanges such as CoinMarketCap, Binance, and more!

As long as you heed the two caveats above, you are unlikely to have a trust issue with AXS and SLP. The deceptions and frauds that can be encountered here are primarily due to the users’ carelessness. In short, it is possible to say that AXS and SLP coins are systemically secure. The income or loss you will get from here varies according to the strategy you use.

How to earn money with Axie Infinity?

As can be understood from what we mentioned above, it is possible to earn money in Axie Infinity in three different ways:

  • You can earn AXS coins by playing Axie Infinity and buying and selling them on the cryptocurrency markets.
  • You can earn SLP coins by playing Axie Infinity and buying and selling them on the cryptocurrency markets.
  • You can buy and sell NFT items called Axie on the Axie Market by crafting, collecting, and improving them in various ways.

You can use it to generate Axie instead of selling SLP coins for profit maximization. The activities you do during your time in the game provide you with various sellable values. You can focus on Axies to collect rare species and sell them for high prices if you want. We have witnessed Axies sold for 300 Ethereum in previous transactions, which is a really high amount.

If you want, you can collect the crypto values you obtain and use them as a long-term investment by taking advantage of the rising trend of Axie Infinity. Due to the nature of cryptocurrencies, we have witnessed them enter the market at low prices and gradually rise. The important thing here is to remember that every move you make has a financial reward. You should think of Axie Infinity not as a game but as a platform that produces crypto values, and you should make all your moves by considering the possible risks and gains in the real and crypto financial markets.

Things to consider before starting Axie Infinity

Let’s reiterate that Axie Infinity is more than just a game. If you want to make money, you should think like a stockbroker and follow the markets closely. On the other hand, we said you need to have at least 3 Axies to start the game. The prepayment you make to these Axies constitutes your capital, and if you are not careful, you cannot use this capital. This will cause money loss.

On the other hand, some people in countries like the Philippines make they are living off of Axie Infinity. Making money with Axie Infinity is undoubtedly possible and reliable as long as you are careful. Axie Infinity allows you to invest your time and money as capital. As with any investment, there are risks and rewards.

Conclusion

Play-to-earn games are rising day by day. The games that have become the pioneers of the decentralized economy (DeFi) trend leverage the power of the blockchain and offer many new opportunities. While these opportunities pave the way for brand new systems, they also bring risks. It all comes with strategy, management, and planning when it comes to money. If you make moves by evaluating all these factors, you can earn money from play-to-earn games.

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