The token reward from this game is Smooth Love Potion or also known as SLP. This game used a turn-based fighting style with Axies as the character, which has a variety of skills in it. Some people invest their money in this game, while others who don’t have enough money to buy their own Axies can participate in this game by becoming a scholar.
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Up until now, Axie Infinity is still a game that is in great demand by many people. The game was made in 2018 by a Vietnamese developer, Sky Mavis. Through this partnership, Metabase will initially offer Players and Guilds with an Axie Infinity dashboard, as they have already shown strong potential and community support.Īxie Infinity is an NFT game based on the Etherium (ETH) blockchain. If you have ETH on an exchange such as Coinbase, you can sent it over to your MetaMask wallet and bridge it over to the Ronin network using their official bridge.Metabase is thrilled to announce its strategic partnership with Axie Infinity. Players will have to deposit ETH into their Ronin wallets using the official bridge or purchase it directly from the wallet using fiat currency via Ramp (only works in certain countries/states). A crypto wallet is a digital wallet that holds your cryptocurrencies, similar to current digital wallets such as Cash App and Venmo that hold your money.Īxies are traded on the marketplace in Wrapped Ethereum (WETH). Players have to set up a Ronin wallet in order to interact with the Axie Infinity marketplace. The first step to interacting with any crypto application is to set up a crypto wallet and Axie Infinity is no exception. Sky Mavis has a great onboarding website that takes you step by step and it’s recommended that new users check it out after reading through the overview below.
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There are 4 main steps to getting started with Axie Infinity: Creating a wallet, buying your first set of Axies, creating an in-game account, downloading the game. Publicly available Axie Infinity Dashboard on Nansen In the past year, the game has generated over $1.3B in revenue and the marketplace has facilitated over $4B in transaction volume. This creates stronger incentives between the players and the developers to focus on building the best game possible to attract players into the ecosystem. In Axie Infinity, the developers earn by taking a fee on in-game activity such as trading on the marketplace and breeding of Axies. In traditional games, developers typically earn by selling in-game items or in-game benefits to the players. This allows players to extract the monetary value that they’ve created by playing the game. Users have the freedom to trade their Axies and sell the cryptocurrency tokens that they’ve earned for their own local currency. Axies and in-game items are NFTs and in-game currencies (SLP, AXS) are cryptocurrency tokens.
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It’s most commonly described as a Pokemon-esque game where instead of Pokemon, you interact with digital pets known as Axies. They can freely trade or cash out of the game should they wish to do so, a stark contrast to current games where real-world trading is typically against the game’s terms of service.Īxie Infinity is a play-and-earn, turn-based card game that incorporates non-fungible tokens (NFTs) and cryptocurrencies. By having in-game items as NFTs and/or cryptocurrencies, players are able to have control and ownership over their assets. Players are only able to get the intangible benefits of playing games - entertainment, a sense of community, sense of achievement etc. The act of gaming has always generated economic value but that value is only captured by game developers.
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Play-and-earn is the concept where gamers are able to earn while playing games. The integration of blockchain with games has given rise to a new paradigm in gaming: Play-and-earn. Axie Infinity led the charge and proved that there’s massive potential and product-market fit for the integration of blockchain technology in gaming. Can you take part without spending money?Ģ021 was the year where we saw the rise of blockchain games.How do you start playing Axie Infinity?.