Beginners Guide to Axie Infinity – What is Axie Infinity
If you grew up watching Pokemon and enjoy playing games on your phone or computer, then there is a chance that you might like Axie Infinity. Imagine playing a game that you enjoy and earning SLP today or AXS today (SLP and AXS are both in-game rewards). Well, this is the reason this Play-to-Earn game has gained popularity around the world. This beginner’s guide to Axie Infinity will get you started on this Play-to-Earn game.
What is the Axie Infinity game?
Axie Infinity is a “Pokemon-style” digital pet community where you may purchase, sell, or give to other players creatures known as Axies. In addition, you can use your team of Axies to fight other players in tournaments, go on adventures, and breed with other Axies you own.
The Axies are NFTs which have a unique identifier. Therefore you will be collecting NFTs, which you can easily track on the Ronin Explorer.
Who created the Axie Infinity game?
In March 2018, Sky Mavis, a Vietnamese company, created the game on the Ethereum blockchain.
Click here to learn more about Blockchain and cryptocurrencies.
Can I earn playing Axie Infinity?
Yes, you can earn SLP coins and AXS coins, which depend on your skills to play the game. And it also depends on the adjusting of the economy made to the game by the Sky Mavis team.
Keep in mind that you will need to own 3 Axies to play the game. Each team you play with must be comprised of 3 Axies meaning that you cannot play with more or less than 3 Axies at a time.
Therefore, you must choose your team wisely. The cost for what is known as a “meta” Axie will be expensive compared to the Axies that do not have “good” quality cards. Thus, having a good team and understanding how your team works will help you earn SLP and AXS coins.
Hence, you should find out what team top-tier players are using. Then do more research to ensure you understand the team composition. Finally, please do not buy the cheapest Axies you find thinking that you can make it work; you will regret it.
How much can you earn in Axie infinity?
The amount you can earn in Axie Infinity depends on many factors, such as: the selected 3-Axie team, the amount of energy you have, the opposite team strength, your skills and knowledge of your team, the adjustments made to the economy by the Sky Mavis team, the value of AXS and SLP today, etc.
What is SLP in Axie Infinity?
SLP stands for Smooth Love Potion. SLP in Axie Infinity is the in-game reward you get when playing the Axie Infinity game.
What is AXS in Axie Infinity?
Like the SLP coin, the AXS in Axie Infinity is an in-game reward.
How are new Axies created?
Players can create new Axies by breeding 2 Axies together. However, the mentioned process is not free, meaning that the player must pay by using SLP and AXS coins. The amount you pay depends on how many times an Axie has been bred since its creation.
For example, the cost of breeding an Axie with a “Breed Count” of 0 would be cheaper than breeding an Axie with a “Breed Count” of 1.
Earned AXS and SLP coins playing Axie Infinity, what can I do with the earned tokens?
It depends on your strategy because you can HODL, trade, or stake your rewards. For example, let us say that you have earned SLP today, then you can head over to the Katana DEX and trade it. You can also send your AXS and SLP tokens to your Binance account where you can trade it for other cryptocurrencies or stake your tokens.
Click here to learn about cryptocurrencies and more.
What is Ronin in Axie Infinity?
Ronin in Axie Infinity is an Ethereum sidechain explicitly designed for the Axie Infinity community, also called Ronin Network.
What is Ronin wallet in Axie Infinity?
With Ronin wallet in Axie Infinity, users can play Axie Infinity and other decentralized applications on Ronin, an Ethereum sidechain dedicated to Blockchain games.
Roning wallets allow you to manage your digital identity and feel entirely in control of your assets. You can also send transactions without having to pay for pricey gas.
Ronin wallet in Axie Infinity is an extension for Google Chrome and Brave web browsers.
Where can I store my AXS and SLP tokens?
Ledger wallets supports AXS while Trezor wallets supports SLP and AXS.
Click here to learn more about wallets.
I no longer have time to play Axie Infinity. What can I do?
You can HODL your Axies NFTs until you have time. Or you can sell your team, or better yet, you can “loan” your Axies to other players in exchange for splitting the rewards.
What is Axie Infinity Scholarship?
Yes, you can loan your Axies to other players and split the rewards, called Scholarship. Thus another way to earn SLP and AXS would be to build teams and search for players known as “Scholars.” You would then do a vetting process and then loan them a team of 3 Axies.
You can have as many scholars as you can afford to buy 3-Axies teams. Thus you, the Manager, can have, for example, ten scholars playing your Axies and splitting the rewards with you.
How can I start playing Axie Infinity?
You have liked what you have read so far and want to start playing. Luckily how to start to play Axie Infinity is relatively simple. First, head over to Axie Infinity’s website by clicking here. Then follow the instructions in Axie Infinity’s “Getting started With Axie” guide.
Hopefully this Beginners Guide to Axie Infinity has helped you understand a bit more about Axie Infinity. Have fun playing and earning SLP and AXS cryptocurrency.
Click here to learn about cryptocurrencies and more.
All the information found in Bochica is free. If the information has been useful, please consider sending us a small gift here because this would help fund the continuation of this website. Thank you for taking the time to read this message.
