How to Play and Earn from Axie Infinity?
Cute Monsters, Crypto, and Profit: How to Play and Earn from Axie Infinity?
There has been a significant impact on people’s health as a result of the epidemic. It has also had a significant impact on the livelihoods of many Filipinos.
As a result, many people were compelled to seek alternate sources of income. Some have started their own businesses as home cooks and bakers, selling their delectable goodies.
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Others have made the switch to working as independent contractors online. Meanwhile, the most daring have gone to Axie Infinity for their entertainment.
To suggest that Axie Infinity is already well-known in the Philippines would be an underestimate of the situation. You’ve probably heard someone say that a buddy of a friend has made thousands of pesos playing this game in one form or another.
The trend has even piqued the interest of some professional cryptocurrency investors, who have shown an interest in participating. Because of this, some of them have decided to try their hand at playing it. You may already have a general idea of what the game is about, but you want to learn more about it. If you’re wondering how to play Axie Infinity, this tutorial will show you how to get started. Continue reading to find out more. Axie Infinity, a game developed by the Vietnamese technology company Sky Mavis, is based on the Play to Earn business model.
This implies that if you participate in the game, you will be rewarded with money. It should be noted, however, that blockchain technology is responsible for holding the entire premise of the game together. For starters, a blockchain game decentralizes or democratizes the ownership of the game, allowing for greater player participation. This implies that every player, no matter how great or tiny, has a stake in the outcome of the game. In addition, because Axie Infinity makes use of blockchain technology, everything you purchase, trade, or sell in the game has real-world monetary worth. In other words, the items or currency that you gain or possess in the game have the ability to be converted into real money.
Interested in learning more about how Axie Infinity works? Every step of the way is about acquiring, growing, and battling adorable monster pets known as Axies. Every player needs to have three axes in their possession. Each Axie is a non-fungible token (NFT), which is a non-transferable, non-replaceable unit of data recorded on a blockchain that cannot be exchanged or replaced. ([1] According to this idea, each axie should be distinct from the others. Axies have many bodily parts and characteristics that they may employ during battle. These bodily components, on the other hand, are represented by game cards. These cards can be used to battle other axes or to defend oneself from other axes. In this game condition, however, there is a catch: the cards are picked at random, which means you will have to make due with whatever you are dealt.
Axie and other blockchain games, as well as the spread of other cryptocurrencies and blockchain games, may give the impression that everything about this business is legitimate. In actuality, several aspects of it remain in a state of limbo, as previously stated. While popular cryptocurrencies such as bitcoin are legal in many countries, financial institutions such as the Philippines’ central bank, the Bangko Sentral ng Pilipinas, do not recognize them as legal cash or as a legitimate investment. Due to the fact that it is being created by a real corporation, Axie Infinity, as the game itself, may be regarded as legitimate. It’s possible that the method needed to reach this goal, which is to use Ethereum for onboarding and to put money in your Ronin Wallet, is confusing, but it is in no way illegal.
Axie Infinity is presently the greatest non-linear-time strategy game available. Here’s how to get Axie Infinity up and running. Axie Infinity, one of the most popular non-traditional games, combines a strategy game with classic turn-based action in one package. Axie Infinity, which is powered by the Ethereum blockchain, has a Play-to-Earn function, which allows users to monetize their time and earn real money. Ground a team of NFT cute creatures known as “Axie” to participate in fights and receive prizes in this crypto-meets-Pokémon-style game. Combating and completing daily objectives will result in real-world rewards such as AXS and SLP tokens. The tokens may be swapped for money or used to negotiate with Axie creatures in the Axie Marketplace, an in-game NFT marketplace where all items are pooled together for trading.
Turn-based strategy is an element of a strategic game in which players take turns in the same manner as they would if they were playing chess. Competitors may be defeated by employing decision-making and analytical skills to command in-game characters with a diverse variety of abilities. Sky Mavis is the creation of Sky Mavis, a Hojimin-based gaming company that was created in 2018 and has since released a number of innovative-powered games. Sky Mavis was directed by Trung Thang Nguyen, a bright 19-year-old CEO who is also a co-founder of Lozi.vn, a Vietnamese e-Commerce company that is still in business. The spectacular growth of Axie Infinity is also supported by Aleksander Leonard Larsen (COO), a former national eSports player in Warcraft 3 and DotA who is currently the chief executive officer of Blockchain Game Alliance, which is dedicated to the use of blockchain technology in the gaming industry. Axie Infinity is clearly a rich corporation.
At one time, the company raised 7.5 million USD in its first round of investment (Series A), followed by 150 million USD in its second round (Series B), and it also formed partnerships with world-leading organizations such as UBISOFT and Samsung. Axie is a main character in the video game Axie Infinity. Once you get to know them, it’s difficult to resist the charisma and firepower that they radiate. The in-game marketplace is the best location to purchase pools of Axie, or you may breed and raise the new epic Axie to use in battles against other players. Additionally, axes may be categorized into nine classes, each with its own set of stat points and vulnerability information, making well-tactical team preparation extremely important. Let’s get to know nine of them! Dusk is a well-known Axie who possesses the greatest speed point within the Tank class. It has balanced numbers for both attacking damage and life points, making it a formidable fighter with long combat endurance. Beast Axe has a critical strike probability that is twice as high as that of other classes, and the combo abilities help to maximize its potential.
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