Hey everyone I hope you all are fine and doing great. Today I'm going to write about AXIE INFINITY and how you can get benefited from it.
What is AXIE INFINITY?
It is a blockchain-based game launched on November 2, 2018, the game was created by Vietnamese Studio Sky Mavis. The world took this game by storm and the game become very popular because of its unique gameplay. In this game, you can breed digital pets called Axies and you can use these axies to do battle.
What Are Axies?
Axies are collectable digital pets, each axie has its own unique stats, appearance and unique Skills. This Uniqueness makes these Axies NFTs. People collect them and keep them as NFTs.
Axie Infinity Batteling System.
Axie Infinity has a unique battling system, it let players earn Cryptocurrency while playing the game. Currently, there are two cryptocurrencies are being used as the reward, one is Axie Infinity Shards (AXS) and Smooth Love Potion (SLP).
How can you benefit from Axie Infinity?
There are several ways to benefit from Axie Infinity:
Play the game and earn SLP
You can simply play the game and by playing you can earn Slp as well as Axs as a reward. As I have mentioned earlier the player can earn Alp by winning the battles or breeding new Axies. You can sell Slp as well as Axies in the market/exchanges.
Invest in Axies
Another way to get benefited from Axie Infinity is to invest in Axies. There are different types of Axies which you can buy and hold for a long time as an NFT, you can also breed these axies and sell them in the market. Rare and Mystic axies are worth thousands of $.
Become a scholar
If you don't have the money to invest in Axie Infinity, you can become a Scholar, someone will lend their axies to you for playing and will get a share of your earning. usually, the split between the scholar and owner is 60/40.
Becoming a scholar can be a great way to earn passive income from Axie Infinity.
Risks and considerations
Before investing in anything, We all should consider risks. Here I want to suggest everyone consider the risk before investing in Axie Infinity because the value of Axies and slp can fluctuate rapidly due to the supply and demand mechanisms. Do your research and then invest in this game.
Conclusion
Axie Infinity is an innovative blockchain-based game that has captured the attention of gamers and investors alike. By playing the game, investing in Axies, or becoming a scholar, players can earn cryptocurrency and potentially profit from the game's success.