With today's prices, that's around $1.500. Want it for free? Go talk to Professor Carvalho! People are Leaving their Jobs to Play AxieĪccording to Cryptoday's Substack newsletter, the average player can earn around 4.500 SLP per month. But, other things have also managed to reach incredible values in this world of cryptocurrencies and virtual little monsters. CoinDesk said it was the biggest NFT sale recorded to date. In February, a user spent 888,25 ETH (worth about $1,5 million at that time) on nine lots in Axie. The main way to profit is by increasing the token price.
If you buy AXS, you have no share in the business. If you buy stock in a company that produces huge income, you can get a share of the profit through dividends. However, one thing to remember is that cryptocurrencies are not stocks. What's really remarkable is that 95% of your revenue goes back to the players. Axie charges a 4,25% fee to buy and sell Axie NFTs and charges fees for breeding monsters. Revenue comes from in-game purchases such as land and monsters. According to data from Terminal Token, Axie generated nearly $90 million in revenue in 30 days of June, while the top ten apps on Token Terminal's list totaled about $41 million combined. And because tokens have value, players can also use them to pay rent or food in real life.Ī cute and profitable game Axie is a very profitable gameĪxie Infinity generated more revenue in the last 30 days than the top ten apps combined. Players can use their in-game tokens – Smooth Love Potion (SLP) and Axie Infinity Shard (AXS) – to buy land, farm or raise Axies in Lunacia. There is an entire economy within the game (a world called Lunacia). Players can create and fight their Axies, as well as complete missions and farming features. Unlike cryptocurrencies like Bitcoin and many other utility tokens, NFTs are not mutually interchangeable.), which means you are one exclusive digital collector. Each Axie is a non-fungible token, or NFT (a special type of cryptographic token that represents something unique. In Axie Infinity, players have cute creatures called Axies. Players in these games earn in-game cryptocurrency tokens, which they can trade in decentralized exchanges for cash. Playing to win cryptocurrencies is a relatively new way to play, but the concept is becoming popular. Here, the main objective is to make money. This one seems pretty obvious, but let's make it clear to those who still don't get it.
Eight Things You Must Know Before Buying Axie Infinity If you are having difficulties, join the server Discord and post on the #new-player-help help channel and the community will be happy to help! Also, a complete list of guides can be found here.