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Month: April 2022

The Growth of Axie Infinity in 2021

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| Axie Infinity
The Growth of Axie Infinity in 2021

The Axie Infinity adds a lot of exciting features to the game’s free flow, making it much more valuable to both old and new players. This Ethereum-compatible game has become a significant source of income for video game players in many countries, including the Philippines, Brazil, and Venezuela. And more game players across the world are discovering new ways to earn more each day. 

The basic foundation of this game is the play-to-earn model, which allows players to get rewards for accomplishing different tasks on the platform. The charges may involve completing questing, fighting and overcoming monsters, and other adventures. When a player is successful at any task, he earns an SLP, which is the reward for victory.

Then, the SLP can be gathered to be sold in the marketplace or converted to cryptocurrency. In other cases, it may be sold for real money because of its value in the market. When you hear of how DeFi and NFT marketplaces merge over an extraordinary hype of a new kind of cryptocurrency, we are in for a shocker. However, it was surprising to learn that the most popular crypto application that everyone has been talking about is actually a game.

The significant game-changer as far as the crypto gaming experience is concerned is the product of Sky Marvis – the Axie Infinity Game. Since the game has worked for over three years, more people subscribe to the now popular application that can pay you for playing video games. But first, how popular is the Axie Infinity game in the first place?

The Axie Infinity Growth

Presently, the Axie Infinity has over 300,000 DAUs, a whopping 30x increase since the beginning of this year. Before then, it had had equally fantastic growth in the previous year as many discovered how much earning potential it had due to the COVID-19 lockdown. However, the change in the Discord of this platform is the absolute parabolic trend it follows, with the machine owning one of the most considerable Discord servers in the world. 

Meanwhile, while considering the level of revenue that the game has generated, you begin to see magnificent numbers. For instance, the monthly payment of the Axie Infinity for July surpassed $23 million. That is the amount of money that people earn from the game. 

Moreover, this amount shoots above the previous month of June by more than double the revenue members you have. It also brings it more into perspective when you consider that the revenue from the Infinity game in January was only above $100,000. Putting all these metrics together, one can easily see the tremendous growth of the game in leaps and bounds. 

At the same time, it shows that the Axie Infinity has been the most prominent and the leading crypto application in the gaming world. However, you wonder why so relatively few people are talking about the game.

What is responsible for the Axie Infinity Growth?

We explore the Axie Infinity game’s opportunity to all who are passionate video game players. The resultant effect is that the game has become a primary way to earn money from playing video games. Particularly, game lovers from developing countries such as Venezuela, the Philippines, Vietnam, and Brazil have unwrapped the mystery box in the game. 

Moreover, the newest model of playing game known as the play-to-earn has made Axie Infinity much more attractive to all and sundry. The game can be regarded as an innovator of some of the most recent business models for cryptocurrency. Also, the new play-to-earn model opens up the gaming economy for game players where the game providers and developers can have a great time. It directly benefits all the players who participate in the game.

Earning Potential of Axie Infinity

The current earning potential of Axie Infinity is enormous. For example, existing players on the Axei platform can earn between $30 and $50 in a single day of playing the game.  This reward is also in digital assets through game time. In addition, the users can also earn through another exciting methods such as the Smooth Love Potions (SLP) and the selling of Axies. And the technique of making SLP comes when the players win battles …

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The move behind the creation of Axie Infinity

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| Axie Infinity
The move behind the creation of Axie Infinity

There are various write-ups about the history of Axie infinity. In fact, some have gone beyond the normal to look for a way to create an App that will look like Axie Infinity to distract people. They do this because they want to make a fake avenue to scam people and withdraw their tokens.  Several people complain about what scammers have done to them even though they tried all they could do to secure their accounts. 

However, do you know that all your cryptocurrencies can be withdrawn without your consent? Of course, yes. The world is not an easy place to stay when it comes to issues like that. I want to assure you that you will get all you need to know about Axie Infinity here, and you will share it with friends and family. Here, I will be digging deep into what you ought to know about the developer of this unique game. Not only that, but I will also share with you the challenges they faced before Axie Infinity became the world’s best video game today.

If you are not aware before, I am telling you right now that since 2017, Axie Infinity has made its way to the game world, and it has remained on top of the list of all video games. This unique game is the only game that took it seriously to make it possible to exchange their cryptocurrency wallet for real cash. Since 2017, other video games have started imitating Axie Infinity.

Let me quickly chip in that you are missing a lot if you have not been playing this game. I also read something like this, and I thought it was just a blog looking for a way to generate traffic on social media platforms. Not until I took that bold step to see what Axie Infinity is all about. Today, what I have achieved in playing this game is beyond expression.  As a matter of fact, this game led me to the crypto world, and I have added a lot of substances to my income. Mind you, that’s, by the way. 

As I was saying, you will get the story about the creation of this game here. Dear reader, let me take you far.

The creation of Axie Infinity

This game was architected by Sky Mavis and Pokémon-inspired. Axie Infinity was built as a fun and instructive way to make known to the world blockchain technology. Several of the original team associates met playing Cryptokitties, and it was their first time using blockchain for non-trading accomplishments. Axie Infinity varies from a usual game because it influences blockchain inducements to compensate players parsimoniously for their offerings to the ecosystem. This device, dubbed “Play-to-Earn,” has grown progressively popular in the Philippines, Argentina, and Venezuela. In some of the above-listed countries, the economic chances present in-game exceed those obtainable in the real world. 

Axie has functioned as the on-ramp into crypto for several users. As of July 2021, the Axie counts five hundred and sixty-eight thousand Discord Users and four hundred and fifty thousand Daily Average Users of the game itself. Axie Infinity gathers incomes compared to other DeFi Proprieties. Axie has made a respected internal economy, especially compared to other blockchain virtual worlds like Decentraland, Cryptovoxels, and Sandbox. In fact, because the hurdle to entry is high for players to start making money, a banking layer has taken form in Yield Guild. This “Non-Fungible Token bank” rents Axies to researchers who don’t have enough capital to start their Axie journey. 

Axie’s inventors acknowledged and set out to remedy a vital flaw in the Web2 gaming model: the worth made in games like Fortnite accumulated solely to the podium owners. Web2 in-game assets were purely rented from the platform, not owned by players or freely tradable. These assets could be easily wiped if an account were disqualified. This constrained the possible worth implanted in virtual worlds and disempowered users. Also, Axie hands the keys of the virtual world to the players, permitting them to adapt to the digital landscape and maintain complete control over their arithmetically infrequent assets.

The story above is how Axie Infinity came into the limelight and began to …

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The Story Behind the Sudden Surge of Axie Infinity

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| Axie Infinity
The Story Behind the Sudden Surge of Axie Infinity

It is no more news that Axie Infinity is dominating the gaming industry. Even if you are not a die-hard fan of online video games, you must have heard about Axie Infinity, either from a game-loving friend, neighbor or even stumble at it on the internet. 

Gone are the days when gamers only play video games for the glory. Nowadays, everybody is looking to engage in things that add value to their lives. The only reason you can see an older adult or young folks sit down with a game for up to 12 hours in a day is that something valuable is coming out of it.

Little wonder, that gamers are now talking about Axie infinity. When the game was created a few years ago, nobody talked about Axie infinity. Fast forward to 2021; the hype is just everywhere. 

Truly, Axie Infinity allows players to earn in-game tokens that have potential monetary value while enjoying playing a video game. It also makes it easy for players to compete even with little experience. Due to Axie Infinity’s opportunities for players, gamers are becoming more interested in participating in the Axie community.

Presently, many young folks quit their formal jobs to play Axie Infinity. Based on the data gathered in recent days, Axie Infinity is topping the chart of videos games with the highest number of participants. Last month, Axie Infinity became the most valuable NFT collection globally. 

In reality, Axie Infinity is a game to play. However, an important fact to notice is that Axie infinity is not the only play-to-earn game that fetches money in the present market. There are a number of them with unique features and functions which are not leveling up on the scale of the competition. 

So, what makes the difference? 

Of course, it can be challenging to pinpoint the particular factor that influenced the sudden surge of Axie Infinity. From the look of things, not even the developers can give that verdict. In comparison, several other play-to-earn games allow people to earn a reasonable number of in-game tokens, which players can use to make trading in an open marketplace. Yet, Axie Infinity has more participants, more than ten of them altogether. That’s a crazy result!

Have Axie Infinity developers done something different to warrant the surge? I don’t think so. While we are not sure what Sky mavis did to blow the game to the world, let’s first examine how the surge started.

The beginning of the sudden surge 

Well, the only obvious thing to remember about the immediate dominance of Axie Infinity was its emerging acceptance during the pandemic.         

When the world became shut down as a result of the threats of Covid 19, people had no choice but to stay indoors. Every commercial place where people could make money was shut down. Unfortunately for some people, their employers couldn’t keep up with the payment of employees’ salaries since the company is not recording any profit. As a result, some were fired.

Others who remained on the payroll had the only option to accept pay-cut, which made the whole world drown in the pool of hunger.

During the pandemic, people started to improvise, looking to earn money while staying at home. At that juncture, the internet became people’s best friend. That means that people were checking what to do online to make money daily. 

Meanwhile, working to earn was not the only problem people faced during the global lockdown. At that period, people were getting bored of staying at home all day, thereby looking for something that could lighten up their spirit. 

Then, people started to consider Axie Infinity as a perfect way out. The reason is that the game allows players to earn money while catching indoors. In other words, Axie Infinity provides an opportunity for people to enjoy their stay at home catching fun, and also make money without stress. 

The subtle campaign started among the Filipinos. They were the first set of people to discover the dual opportunity Axie Infinity offers. Though the game has been existing since 2017, it became more popular in 2020. 

From the much acceptance among the Filipinos, the good news spread to other parts …

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The Ultimate Scholarship Guide for Axie Infinity Video Game

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| Axie Infinity
The Ultimate Scholarship Guide for Axie Infinity Video Game

Blockchain enthusiasts need something to inspire and excite them for the trading encounter. And the tech response to that was the invention of an NFT game that rewards players for playing an online video game. Now, the game raked in over $100 million in trading volume in just one month. Meanwhile, the related Ronin wallet on the gaming platform has been downloaded over 200,000 times in the app store. 

By implication, the Axie Infinity now has a ton of daily users. The game did justice to ensuring that records are shattered on all sides with very rapid and exponential growth. On the other hand, the interest in the game grew beyond expected. It led to the creation of an Axie Infinity Scholarships System. This system provides a rare opportunity for game players to earn from the Axie Infinity Game even without having the initial capital to start. 

Whereas the gaming experience through scholarships can teach them the ins and outs of the game. But before then, you first need to learn what the Axie Scholarship is all about. 

What is the Axie Infinity Scholarship about?

The Axie Infinity Scholarship became necessary last year, 2020 when the game’s user base grew exponentially. This growth brought about the cause of more demands for the axis than were currently available. At the same time, the prices of the available axis were sky-high for a new person to afford and start a team of its own. Whereas it is impossible to start the game without an axie. In fact, you will need a couple of three axis to start off.

As we continue to have many players seeking to play the game, some had no money to start. They could not afford a couple of hundred dollars to play the game before earning SLP tokens. This condition led to the creation of the Axie Infinity Scholarships, which serve as a lending program for those who are ready, willing, and able to play the game for profit. 

The scholarship program starts with many players who already had a lot of axies they could trade with. Over time, they may have earned it from the game or bred them to produce offspring. Either way, they create a new Axie Infinity account for their fame and transfer a team of axies into this account. Then, they ask someone else to play them on the latest version, and they share the proceeds. 

Advantages of Axie Infinity Scholarships

Some of the benefits of enrolling for any of the Axie Infinity Scholarships involve the following;

  1. New players who have no money to begin the investment can start playing the game based on the axies of other players in a new account. When these players earn SLPs through the latest version, they turn over part of the rewards to the game owner as a profit sharer. Usually, the share rate is about 60-40% or 70-30%, and then the new player can save up until he can afford his own set of axies
  2. Another benefit is that the total number of people that can now play the game has increased tremendously because the initial funding is no longer a barrier. Moreover, it results in more users altogether, which is one of the primary goals of the game developer. Then, as it produces or purchases more resources, it may still lead to an increased demand for new axies and SLP and AXS axes.
  3. Having scholarships for the game prevents the mass selling of axies by breeders on the Axie Infinity marketplace. Especially since they know that setting up a scholarship program can also serve as a secondary investment, they will prefer to sell off than close the game altogether. Now the axie owners know that they can use their excess axies to earn more SLP and even breed more of them. At the same time, they can maintain a decent price floor when they come to the marketplace. 
  4. Axie Infinity Scholarships are totally risk-free, and that is somewhat some people’s fear about trading SLPs and other rewards. In the scholarship, the player can access their accounts but not the wallet. So, the original owner of the report can decide at any time
…

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Good Reads

  • Looking to invest in NFT games in 2022?Looking to invest in NFT games in 2022?
  • Looking to know what in-game NFTs  are?Looking to know what in-game NFTs  are?
  • How to Play and Earn with the Axie Infinity (A Step-by-Step Guide)How to Play and Earn with the Axie Infinity (A Step-by-Step Guide)
  • Is Axie Infinity a free NFT gameIs Axie Infinity a free NFT game
  • How to Sell Axies in the Axie Infinity GameHow to Sell Axies in the Axie Infinity Game

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