Axie Infinity
Have you heard of a game where you can actually earn real money while playing? Too good to be true, right? Pandemic really caused chaos in our lives, a lot of people resorted to their financial instability through freelancing, online business, and some made their way by playing Axie Infinity.
Axie Infinity is a well-known online game based on the Pokémon game where you battle, raise and breed the so-called creatures "Axie". Axie Infinity is a blockchain game where cryptocurrency is involved. It attracted a lot of players because real-world money can be earned in playing this game.
Axie Infinity was founded by Sky Mavis, a Vietnamese company, initially launched way back in 2018 and gained its popularity over the years especially in this time of the pandemic. More Filipinos embraced Axie Infinity last May 2021 when a YouTube video from Cabanatuan City went viral because of people earning money while playing it.
Earning while playing sounds great, but how does it actually work? In playing this game, 3 Axies are needed for you to start. To build this team, you need to purchase the Axies. The average price of Axie as of the moment is P30,000 for a team of 3. However, the money you spent will come back to you by earning Smooth Love Potion (SLP) and Axie Infinity Shard (AXS). Smooth Love Potion (SLP) can be acquired through daily quests, battling with other players, and adventure mode. Nonetheless, Axie Infinity Shards are limited to acquire, it is only awarded to top Axie players which have a greater value than SLP. The idea of acquiring these SLPs to earn money is great, however, this token is volatile which means its value is unstable. The amount of money you can earn in playing Axie depends on the value of the SLP in the market and the SLP you have. As of the making of this article, the price of 1 SLP is P3.23.
There were different ways on how you can earn with this game, by being a manager or a scholar. These scholars are led by the manager who provides Axie with playing. They play for the manager by doing the daily tasks, battling, and adventuring. The earnings will be divided into 60% and 40%; 60% for the scholars and 40% for the manager.
It is a fun game to play with and it is a game for all ages. In starting the game, the first thing to consider is knowledge about the game. Before investing and spending money, you need to understand how crypto and blockchain works. Scamming is also a risk to consider, a huge amount of money is being spent so we need to be careful. At the end of the day, no matter if your motive is to enjoy the game or earn money with it, it is also great to consider that our technology keeps on growing and innovating. There’s more to come in the future so we better be prepared.