Can you make money on Axie Infinity?

Axie Infinity is a premium game that is a part of the new wave of games that are based on cryptocurrencies and non-fungible tokens (NFT).

In addition to the pure entertainment value it provides, Axie Infinity provides its players with multiple opportunities to earn real-world currency through activities such as breeding rare Axies, staking AXS, and selling Smooth Love Potions (SLP).

READ MORE: Understanding the Crypto-Based Game?

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Users of Axie Infinity should be at least 18 years old to purchase and use the product. It is against the rules for anyone younger than 18 to use the website, the app, or the smart contracts in any way, including registering for them. Disclaimer: Investing real-world money at the user’s own risk is required in order to participate in blockchain and cryptocurrency games.

This article is being provided solely for the purpose of educating readers. It should not be construed as investment, tax, legal, financial, or any other kind of advice, as that is not the intention of Pro Game Guides in any way. In the world of Axie Infinity, farming and selling a virtual good called Smooth Love Potions is the most common way for players to make money.

SLP has become extremely popular in recent years because it is one of the components essential for the breeding of axies. There are three different approaches to farming SLP that you can take. The mechanism for breeding monsters is one of the distinctive features that sets Axie Infinity apart from other games. The game gives you the opportunity to create offspring by breeding any two mature magical creatures, called Axies, together. The new baby, Axie, will take after both of her parents in appearance and personality. If you are successful in breeding a good axie with distinctive and outstanding characteristics, there is a possibility that you could fetch approximately $200 for it on the market.

In connection with this topic, a triple mystic axe known as Angel was purchased in the late years of 2020 for the price of $130,000. Some of my favorite childhood memories from growing up in Singapore involve me and my friends playing MapleStory after school and after classes. I used to play the game for what seemed like an interminable amount of time each day, grinding away to advance in levels and acquire better gear. My dad noticed that I was spending a little too much time playing the game, so he began to limit the amount of time I was able to spend on it and encouraged me to put more of my attention toward my academic pursuits because I was unable to make money from playing the game.

In retrospect, that appears to be very astute guidance. But the immature version of myself that existed when I was 15 years old would argue with my father by saying that there were people selling their accounts for thousands of dollars. My father, on the other hand, would just laugh and tell me to buckle down and study. Moving forward in time to the present day, we are witnessing an exciting new development in the space of cryptocurrencies. It seems that playing games that are specifically designed to help you earn cryptocurrency can actually be a viable option. What a crazy, crazy world we are currently living in. The ‘play to earn’ game Axie Infinity is one example of the trend that has been hogging headlines in recent times. This article will provide you with all the information you require concerning it.

How can you make money in Axie Infinity so that you can get some passive income while you are having fun playing the game? A large number of players have the potential to increase their financial well-being by participating in this game that pays out for completed tasks. The primary methods of making money in Axie Infinity are outlined below, along with an approximate calculation of how much money you can make from each of them. Axies are adorable virtual pets, and players on Axie Infinity have the opportunity to care for and nurture them. Then, in the same manner as with Pokémon, they are able to use these pets in combat. Axie Infinity has been cited as the primary source of income for some players, who have stated that it is currently their primary source of income.

It is possible to make a lot of money in the Axie Infinity world if you know how to get around, and this presents a significant financial opportunity. The majority of players who are just starting out should begin by cultivating and harvesting SLP. You earn Smooth Love Potion tokens as a reward for taking part in fights and quests as you progress through the game. These tokens are used to purchase in-game items (SLP). Throughout the entirety of the game, SLP is a valuable resource that is in extremely high demand. The reason for this is that in order to breed Axies, you need to have SLP tokens. If you have SLP, you can sell items on the Axie Marketplace to make some extra money. Prior to Season 20, the amount of SLP you received depended on the level you were playing at. Those who achieved higher levels received an increased amount of SLP.

In order to maintain a healthy equilibrium in the economy, the SLP rewards for Daily Quests and Adventure Mode have been nullified. These adjustments are being made with the intention of bolstering the value of SLP as well as the game’s economy and the Axie Burning Mechanism. Axies that you already own have value as NFTs, in addition to the SLP tokens that you have. They are capable of mating, which results in the creation of a new axie. When two Axies come together to have children, those children will have abilities and statistics that are distinct from those of the existing axes. After you have successfully bred a new Axie, you will have the choice of either keeping it or putting it up for sale on the market. The quality of an axe, which is essentially represented by its stats, is the primary factor that decides its price.

More money can be made from something if it has better statistics. Around 0.05 ether can be paid for an Axie right now, making it one of the more affordable options. Those who have achieved mastery in the art of breeding axies have been successful in bringing forth some axies that are truly one of a kind. The Mystic Axie called Angel is one example of a one-of-a-kind axe. It was purchased for 300 ETH, which was equivalent to approximately $120,000 at the time. Despite the fact that not every player will get axes worth more than $100,000, breeding is still a lucrative process for many players, provided that they put in the necessary effort. There is always a ready market for the axies, and demand is consistently growing.

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