In December 2018, the Vietnamese studio Sky Marvis launched a new gaming app to encourage gamers to play more by adding a cryptocurrency reward for winners. Isn’t that a fantastic thing? The world didn’t recognize how much potential it had until 2020, during the pandemic lockdown that gamers from some developing tried it. After a while, they began to make much more than they would have made doing regular jobs.
Meanwhile, businesses were folding up at that time, employees were losing their jobs and all sorts. But these game players remained in the comfort of their homes and enjoyed the game. It also comes with raking in some funds as cryptocurrency. Apart from this product from Sky Marvis, the gaming company, an alumnus of Ubisoft’s Enterprise Labs, created some other decentralized apps. Examples include the marketplace, a steam-like crypto game launcher, and a crypto wallet.
Why the Hype on Axie Infinity?
In recent times, the Axie Infinity has become a growingly incredible tool for game lovers and cryptocurrency enthusiasts. The game also became a huge topic when social media learned about its explosive growth within four months. It surpassed 1 million DAUs in an accumulated lifetime trade of $1 billion.
This new growth came as the company announced and promoted its Play-to-Earn (P2E) model. The model involves game players cashing out their in-game rewards and winnings into a real-life treasure. This feat particularly became a saving grace for Filipinos locked in during the COVID19 pandemic lockdown. Not only there, but it also affected other professions.
However, many people have projected that Axie Infinity has a sustainable economy now to support its P2E because of the new users joining. They perceive that with time, when these new users stop coming in, and the demand for the game falls, some of the earnings may drop. And as a result, the game may not be as profitable as it used to be.
Remember that the game also contains some essential characters to play with and the P2E earnings based on the price of the ETH crypto coin. Putting all these perspectives together, some have compared this situation with the Ponzi scheme that was very popular across different countries. Though it starts with a big hype and a promise, it loses its sustainability when the number of new users or demand falls.
Therefore, this article zeroes in on the actual game economy to determine if it is truly sustainable or not. However, we cannot just jump to probing the Axie Infinity game economy without first understanding how the entire system works. So, how does it really work?
How does Axie Infinity Game Work?
The Core gameplay is perhaps the most ignored part of this NFT game. You see, contrary to the idea of many people who register for the Ponzi scheme without asking what the core principle is. In addition, one should also know on what unfailing principle is this tech design founded? For instance, at the most superficial level of the game, what are the characters or items to expect
The Axie Infinity game is a team battler game with clear-cut influences, as indicated in the Final Fantasy Tactics games in the Sky Mavis whitepaper. Each player first creates a team of three free-floating monsters called Axies. Then, he positions them in strategic places in the grid. This positioning is an integral factor that determines hitting the default target and the interaction between the axies.
There are also four different stats that a player should monitor in his axies: their health, morale, speed, and skill. These attributes will determine how effective these axies are in combat. On the other hand, each axie comes with four different cards based on their abilities. In addition, both the cards and the attached cards can be defined by the six other parts of each axie.
For example, each axie has ears, eyes, mouth, horn, back, and tail. Meanwhile, a paper, rock and scissors set of classes within the game tell how strong or weak the axies are against each other. More so, combat players get a hand of cards across their axies that may cost some amount to play. In other words, each card will determine the performance of each axie in the form of defense, attack, and support.
Furthermore, the card also influences the ability of your axies to buff, rebuff, target, and do other things. Note that the TCG and the RPG mechanics (which this game is) work together in harmony. The resultant effect is that the team composition and positioning strategies can also work together regarding card advantage and sympathy. When playing the Axie Infinity, you need to learn deep warring strategies but start simply before picking up the tempo.
How does the Axie Infinity Economy Work?
Apart from the axies, the game economy comprises of three significant resources such as
- Energy (off-chain)
Each PvE and the PvP match uses one nit of Energy in the Axie. And when a player runs out of Energy, even if they play the PvE or the PvP, they may not receive any SLP or EXP as the expected reward. The EXP stands for Experience Points, which is used to define the axie level. In other words, the proper way to retain Energy is to secure the reward. Moreover, the amount of Energy that the player acquires and how he quickly recovers from energy loss is a factor of the number of axies he owns. This strategy is a subtle way to ensure that players get more axies and not rely on just three for the entire game time.
- Smooth Love Potion (SLP), (Off and on-chain)
Kindly note that the actual reward every player is playing for comes from the SLPs. In other words, the grindable resource that a player gets when he wins matches or combats in either the PvP or the PvE environment is an SLP. In addition, the SLP is one of the two essential resources you need to breed new axies. The other one is the AXS.
The on-chain protocol known as the AXS or $AXS symbolizes the ERC-20 governance token used in the Axie Infinity game. It is a token backed by a smart contract with many exciting uses. First, you can use it to vote on the game’s development decisions.
Secondly, you can also use it during the staking process. But of course, the most important use is to apply it alongside the SLP when it comes to breeding your Axies.
In the Axie Infinity game plot, we can begin to consider some of the most critical information that one needs to learn about them. First, the Axie Infinity represents an integral part of the digital world in which players can earn income while they play. This kind of system is known as the play-to-earn model.
In this system, the game allows players to breed Axies, fight with them, and trade them with their favorite Axies. But if you are new to the game, the guide is helpful through the thick and thin of a fast-growing virtual universe that now has over $100 million in a month.
The Axie Infinity Game
Currently, about 200,000 daily players play to earn on the axie infinity. Meanwhile, if the player wants to play the game, then the following requirements are critical to provide
- The player must have an ERC 20 wallet with some ETH inside it. You can buy ETH coins from any significant cryptocurrency exchange market, such as Coinbase and Binance.
- You must have a Ronin wallet, which you can download and create online
- Link your ETH to your Ronin wallet to be able to make an exchange on the ERC-20 wallet using the Ronin Bridge
- When the ETH gets into the Ronin wallet, you can acquire 3 axies to create a team for the in-game activities. On the other hand, you can purchase axis from the Axie Infinity marketplace.
- When you land on the Axie Infinity marketplace, you can create a new account from the button at the top right corner. After then, you can follow the prompts to complete the process.
- Proceed to download the game itself from the homepage when you click “Play Now” at the top right corner of the page.
Finally, you now have the first three Axies to start your game with and build a formidable team. If you follow through in this article, we will consider some of the basic tactics you need to develop in this axis. In addition, we will share how to choose the correct axis for each activity on the game and make them become real fighters and champions.
Axie Infinity is a crucial game where players can choose the preferred place to fight, such as the arena, against other players and earn SLP in the end. On the other hand, players can play in adventure mode and fight against the monsters in the game. When a player wins at this mode, he can unlock new levels in the game, train a new axis for more functionality and earn SLP in the process.
How to Buy Your First Set of Axies from the Axie Infinity Marketplace
The Axie Infinity Marketplace contains all the essential ingredients, skills, features, characters, and items you need to advance and achieve great results. Moreover, as we begin to have an explosive user base, there has been an increase in the game’s price over the past few months. Therefore, this change in price means that it is imperative to think through the choice to make your first purchase.
More so, you should now select the right axis that can maximize your winning potential and earn you the SLP you need. We strongly recommend that when buying an Axie, choose the one with a 0 breed count. By so doing, the axies enable you to breed our qualities into them and create more easily. In the end, you get to use these build axies in the game or sell them off for money later.
How can you search for these special axies? Quite simple. Search using the filter icon on the left side of the screen and state the following conditions when setting up the filters.
- Breed Count: 0
- Class: Beast, Plant & Bird
- Stage: Adult
- Pureness: 6
Ideally, you should obtain up to 2,121 different axies in the result. Then you can make your choice among them.
Picking Axies for Breeding
When picking the Axies for a breeding process, you should ensure you download Freak’s Axie Extension(click here to add Chrome extension to help play Axie Infinity). This tool helps you see the excellent genes and pureness in the percentage that the axies have. Personally, I like to choose the axies with 90%+ pureness. However, as a beginner, you can still use an 80% level of pureness and work perfectly. Furthermore, the other items that work for the game include starting with the following characters and items such as;
- Beast: Ronin, Cottontail, Imp, Goda, in which the eyes and the ears don’t really matter
- Bird: Hungry bird, Raven/Cupid, and Kestrel. Using the eyes and ears don’t really matter
- Plant: Pumpkin, Serious, Carrot, and Beech. There is no need to think of the eyes and ears
The three axies above are 0 bred. There is also a 6/6 pureness, which is an excellent opportunity for generating the axies down the road.
Breeding Axies in the Axie Infinity game
Apart from playing the game, some people can find better-fit breeding axies to earn you many profits. At the same time, they breed these axies for scholarships, and as you produce them, you can create an extensive collection of axies in the right places. When you generate the axies to the proper stature, you can also sell them on the axie marketplace.
The breeding process of axies is not tricky but involves some tough decisions that the player must master. First of all, note that each axie requires breeding seven good times with a breeding cost of 4 AXS. In addition, the SLP tokens can also increase. The breeding axies can take about two adult axies to pair them up. Consider the table below:
BREED COUNT BREED NUMBER SLP COST (0/7) 1 150 (1/7) 2 300 (2/7) 3 450 (3/7) 4 750 (4/7) 5 1200 (5/7) 6 1950 (6/7) 7 3150
In conclusion, we hope that this guide is sufficient to enable you set out on your first Axie Infinity gaming adventure. Besides, we hope to get your feedback and comment on how each of these steps has helped you. The purpose is that we may also add more features to our guide in the future. Good luck