AXIE INFINITY: BATTLE.COLLLECT. EARN
Axie infinity is a blockchain-based game in which players purchase NFTs of cute monsters and put them against each other in battles. Players can earn SLP tokens during the gameplay and trade them for money at an exchange. A “play-to-earn” movement has emerged around the game, with players joining scholarship programs in this game.
NFT or the Non-Fungible token crypto collectibles like artwork and videos exploded in popularity in early 2021, but several blockchain-based video games had already been building in the space before most people took notice. When NFTs hit the mainstream, the promising crypto game Axie Infinity by indi studio Sky Mavis took off. And when the wider NFT market cooled a bit after all of the hype… well, Axie Infinity got even bigger. Graves and Hayward (2022)AA
Axie Infinity is inspired by Nintendo’s beloved Pokémon series. It sees you collect and let those axies fight against each other in the battle. Buying axies is expensive It is like an investment to start in. but after investing in this game you can breed or sell your adorable axies plus this game is play to earn which means it rewards you with crypto tokens that can be exchanged for money.
Axie Infinity is a monster-battling where you can put your teams of monsters called axies against each other in battles. The game runs the Ethereum block chain with the help of Ronin, a sidechain that helps minimize fees and transaction delays It’s Primarily focused on turn-on-based battles, either against computer-controlled Axie teams or live opponents over the Internet.
There’s a corresponding amount of SLP given in the battle depending in the MMR of your team. It is played in Adventure and Arena. Adventure is like a completion game where there is a level that is called Ruin. For you to move to the next level you need to win with the monsters in the corresponding level. But in this year players cannot gain SLP in adventure because of the Axie update some features was changed. In Arena, this is the battle field where you can fight against another unknown player in the battle and you can only gain SLP if you are playing with the Energy and it depends on how much SLP you will gain, it depends in your MMR.
By September 2021, Axie infinity had already hit a total NFT transaction volume over $2 billion. And $4 billion by March 2022. Long term players were rewarded with a $60million airdrop of AXS tokens in September 2021, followed a month later by the introduction of a staking for AXS. In November 2021, Axie’s Ronin sidechain added its own decentralized exchange making it easier for Axie players to swap tokens without having a bridge to Ethereum. Graves and Hayward (2022)