How Much Does It Cost To Start Axie Infinity?

One of the most popular games in the cryptocurrency community right now is something called Axie Infinity. This game is making headlines due to the meteoric rise of its native token, AXS, which has reached three figures in value over the past few months.

Tens of thousands of users are interested in participating in and capitalizing on this new hybrid of online gaming and cryptocurrency, which is proving to be a lucrative investment.

READ MORE: Everything You Need to Know About AXIE Infinity? 

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The question, “How much do I need to get in?” is probably the one that is asked the most frequently regarding this game. To participate in this “play-to-earn” game on the blockchain, you will first need to make an initial investment of money.

Only then will you be able to place bets and win money. The blockchain game Axie Infinity is modeled after the popular Pokemon franchise and gives players the opportunity to breed and take their virtual pets, known as Axies, into battle against those of other Axie Infinity players.

The gameplay is straightforward, yet it has a lot of room for customization and is a lot of fun, staying true to its Pokemon-inspired origins. Add to that how significant the earning potential is within the game, and it’s not hard to see why Axie Infinity now has over 1,000,000 daily active users and is easily the most popular (and lucrative) blockchain game of 2021 so far. As a blockchain game, these axes are presented to the players in the form of NFTs, which stands for non-fungible tokens. This ensures that the players retain ownership of their adorable digital pets. During the course of the “play-to-earn” gameplay, Axies are rewarded with in-game tokens such as Axie Infinity Shards (AXS) and Smooth Love Potions (SLP), which players can then trade within the Axie Marketplace to earn real-world currency.

Axies can be bought, sold, and traded amongst members of the community because they are treated as NFTs. To participate in Axie Infinity at this time, players must first purchase their own Axie NFTs from the Axie marketplace. This is due to the fact that Axie Infinity is currently the only game mode that operates exclusively around NFT items. Axies can be purchased for anywhere from 0.035 ETH (approximately Php6,500 or $130) all the way up to 300 ETH (approximately $1.1 million as of the time of this writing), which was the most expensive Axie that was ever sold in late 2020. In order to get started, you will first need to buy three axes so that your starter team can be assembled.

This indicates that, as of the time this article was written, you need to have at least $500 to $600 (or three times the price of the cheapest Axie) in order to begin playing. But keep in mind that this is only the bare minimum; axions that have good stats and cards will typically cost more. When compared to the asking price of $499 for the PlayStation 5 or Xbox Series X, spending that much money to play just one game may appear to be a waste of money at first glance. This is especially the case when considering the context of this comparison. Because you do get ownership of your NFTs and because you get the opportunity to earn a profit that is equal to the amount of time and effort that you put into playing the game and honing your Axies, it is much better to think of your Axie NFT purchase as an investment rather than simply a price point.

The newest gaming trend involves winning real money by playing games. Axie Infinity is just one of more than a dozen similar video games that are currently available to consumers. Because of the high potential for making money quickly, it is very well-liked among gamers. Axie Infinity is going to be the topic of today’s discussion. We will investigate how much it costs to get started with Axie Infinity, as well as whether or not it is possible to make money through Axie Infinity. Let’s start! Although you don’t have to pay anything to get Axie Infinity on your computer, doing so will set you back a few dollars. If you want to turn a profit on Axie Infinity, you are going to have to put some of your own cash into the game first. To get the game going, you need to have at least three axes in your possession.

Axes are non-faction-true creatures that can be collected, bred, and used in combat to earn money. In case you didn’t know this, you can learn more about them here. These things are not available for a low cost. An Axie can be purchased for as little as $29 at the time of this writing (0.01 AXS). For close to a hundred dollars, you can purchase an Axie that has respectable statistics (1.8 AXS). Consequently, if you do the math, just getting started with the Axie Infinity game will set you back a minimum of $87 (0.03 AXS). To learn how to purchase Axies, please navigate to this location. Playing the game Axie Infinity in order to win money is one of the game’s objectives, and it is possible to profit from playing it. If you want to bring in a respectable sum of cash playing Axie Infinity, you’re going to need a solid squad (team of Axies).

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You have a number of options available to you within the game for generating monetary gain. You can earn money by doing things like fighting monsters in the Adventure Mode, competing against other players in the Arena Mode, and completing all of the daily quests and missions. Breeding axes is another one of the many ways that players can make money in Axie Infinity. It is possible to produce young from the mating of any two mature creatures. The characteristics of both of Axie’s parents will be passed down to the child when it is born. If you are successful in breeding a high-quality Axie that possesses exceptional and distinctive characteristics, you can anticipate fetching close to $200 for it in the marketplace. You can also sell your leveled-up Axies for a profit after you’ve leveled them up in Adventure Mode by using the experience points you earned there. You can also make money on Axie Infinity by staking AXS tokens, which is the platform’s native currency.

Staking is the process of locking your AXS tokens at a particular interest rate in order to earn rewards for the period of time that they are locked. So, are you all set to begin the Axie Infinity game? It can be a little difficult to understand how to begin using Axie Infinity at first. Visit this page to read through our beginner’s guide to using Axie Infinity, which can be found over there. The most exciting aspect is that players can access it on their mobile devices (both Android and iOS) in addition to their personal computers (Windows and macOS). The rise in popularity of competing metaverses can be directly attributed to Facebook’s announcement that it intends to enter The Metaverse in the near future. The revenue generated by metaverses, such as Sandbox and Somnium, is getting close to the billion dollar mark. Nevertheless, up until this point, not a single one of them had ever played host to a wedding in the metaverse.

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