Mar 22, 2022
How does Axie Infinity work? Get paid to play a Pokémon-meets-crypto metaverse game!
What is Axie Infinity?
Popular crypto developer Sky Mavis launched Axie Infinity in 2018 on the Ethereum blockchain as an entertainment platform for crypto enthusiasts and investors. Axie Infinity was originally inspired by popular games like Pokémon and Tamagotchi.
Games with virtual monsters and loot boxes are a dime a dozen today, but Axie Infinity is a different take on this because all of its features are built around cryptocurrency, with AXS tokens as the currency for this game.
Axie Infinity offers the functionality of the current crypto trading platforms with the accessibility of Pokémon Go. Players can breed, raise, and battle cute creatures called “Axies” to acquire items, victory currencies, and battle features. Players can also buy virtual real estate in the Axie metaverse via an in-game marketplace in the form of NFTs.
How does Axie Infinity work?
In Axie Infinity, the player’s Axie can walk around and explore a virtual world. Players can also collect virtual items, which they can use to battle other players or sell for cryptocurrency.
The game is set in the Axie Infinity metaverse where all digital assets are stored on the blockchain and where players earn cryptocurrency for playing the game.
Players use their in-game currency, called “Axie Shards”, to buy items and power up their character.
Another token called “Small Love Potion” is given to players in exchange for their time spent on the game. You can earn some by defeating an opponent’s Axie or completing missions in the game. The more you play, the more SLP you’ll be able to accumulate.
What is the current AXS price?
How to begin playing Axie Infinity
You’ll need an Ethereum-compatible crypto wallet as well as enough ETH to play. In addition, you must purchase at least three Axies from the game’s marketplace. Sky Mavis retains a percentage of all Axies, virtual real estate, and other items sold by users to one another. The game uses a unique system where players can teach their Axies how to use skills through playing the game.
If you are new to the game, here are some tips on how you can start playing:
1) Create your own Axie. You get started by choosing one of nine classes of Axies: Aquatic, Beast, Bird, Bug, Dawn, Dusk, Mech, Plant, or Reptile. Depending on your Axie’s class, it will have different stats and skills that will help you in different ways. Each class is weak and strong against other classes.
2) Learn the basics of combat in the tutorial mode. You will learn how to attack, defend, and heal your teammates during this mode.
3) Search the world map for treasures containing valuable rewards!
Do you need to play to invest in Axie Infinity (AXS)?
No, you can buy and sell AXS via exchanges like Coinbase or via DEXs like Uniswap or SushiSwap.
A word of caution before investing
Though Axie Infinity is a fresh and popular cryptocurrency-based game, be mindful that AXS prices are connected with the game’s popularity. Therefore, the price may decline if players move to a competitor or lose interest.
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