How to Make Money with an NFT Marketplace Like Axie Infinity?

One of the most successful blockchain-based games in recent history has been Axie Infinity, which falls under the genre of “play-to-earn” games.

In-game earnings have been quite high, and players have been making money in a variety of ways throughout gaming, which has piqued a lot of interest.

READ MORE: How Does Axie Infinity Make Money?

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In fact, several players have stated that in-game earnings are their only source of income. Axie Infinity is a game with a plot that is similar to the popular Pokemon franchise, and it is supported by the Ethereum blockchain.

If you have only recently learned about Axie Infinity and are looking for a way to make money from gaming, this blog can provide you with information on both earning money through the game and the i-game marketplace. Out of all the games built on Ethereum, this one has the highest active user population.

Despite its stated goal of becoming a decentralized game, Axie Infinity is currently regulated by the company that created it, Sky Mavis, and the developers have stated that decentralization will occur in the not too distant future. Playing the game on a daily basis is the most straightforward approach to earning money from it. The game’s main characters are known as “Axies,” and they are non-financial trading entities (NFTs) that generate revenue as well as price speculation. Although the game appears to be visually appealing, you must be strategically vigilant in order to win battles; failing to do so may result in the loss of your invested money. Using three axes, a player can combat against bot monsters (Adventure Mode) or against other players in Arena Mode to win bitcoins, which can be used to purchase items.

There are many additional ways through which one may gain money with Axie Infinity, such as completing daily missions or challenges, which add up to more money. In the course of the game, you can earn Smooth Love Potions (SLPs), which are highly sought-after owing to the fact that they are required for breeding. Smooth Love Potions (SLPs) are a type of potion that can be obtained by trial and error. Furthermore, AXS (Axie Infinity Shards) are earned by players, and they will eventually be used as a governance token for the game. The Axie Infinity game community treasury is a source of incentives for players that bet on AXS, which is a hazardous alternative. The fact that a player may only have three Allies in their squad and that the use of numerous accounts is not permitted has led to the rise in popularity of agreement systems known as Scholarships among users.

With the use of these agreements, players who have an excess of axes or limited playing time can employ scholars (that is, other players) to play on their behalf and earn SLPs. Such agreements feature a division of incentives (70/30, 60/40, or 50/50), which ensures a passive revenue stream for both parties. If you employ numerous academics in addition to playing with your own axes, the amount of income earned becomes sufficient. Since this method is not part of the game, it means that transactions take place outside of the game.Axie Infinity is a trading and battling game that allows users to acquire creatures known as “Axies” that are digitized as NFTs, breed them, nurture them, battle them, and trade them with other players. Many individuals have taken an interest in the game since it is the most prominent title in the burgeoning gameFi scene, which combines financial and gaming.

According to reports, some people in countries such as the Philippines and Indonesia are making so much money from the game that they are able to provide for themselves and their families. When it comes to Axie Infinity, there are a variety of ways to make money from the game that are currently available. The most frequent way for individuals to generate money while playing Axie Infinty is to earn the in-game token Smooth Love Potion ($SLP), which can be exchanged for real money. By fighting fights and completing tasks as you go through the game’s storyline, you will earn SLP, just like you would gain points in a typical video game. Due to the fact that they are necessary for producing axes, which is another method of making money, SLPs are a precious resource in great demand. You can, however, sell or trade SLPs on the Axie Marketplace if you earn them only for your personal use after earning them. When two Axies breed and produce an offspring, this new Axie has a completely different mix of stats, body parts, skills, and genes than any other Axie in the game, making it completely distinct from any other Axie.

The decision to keep or sell an Axie is up to you once a new Axie has been created and tested successfully in your breeding program. If an axe is of high quality, such as having well-balanced stats or having a powerful synergy of abilities, the price at which it will sell will be high as well. The stronger the axe’s stats, the higher the price at which it may be sold. Floor Axies—those with a bad set of metrics and who are the cheapest in the marketplace—are now being sold for an average of 0.05 to 0.06 ETH at the time of writing. It is called Lunacia, and it is the name of the Lunacia planet, where a plot of land serves as a home or an operating base for the players’ axies, which they may personalize to their liking. It is possible for landowners to design their land plots to create valuable materials for them, combat monsters on their land plots, house stores and other structures, and serve as entrance points to various dungeons. An Axie Infinity Shard ($AXS) is one of the in-game tokens available in Axie Infinity.

In addition to serving as a kind of currency and a governance token, the $AXS may be used by players to stake their coins in order to receive prizes. “Staking is a means for us to recognize and reward members of our community who have adopted a long-term perspective and invested their AXS tokens.” You will be able to collect AXS rewards when you lock up your tokens using the staking dashboard if you stake your AXS tokens and use the staking dashboard. Axie Infinity exploded in popularity in 2021, with players earning an average of $400 per month merely by playing. Despite the fact that the initial excitement has waned, it is nearly assured that the game’s impact will continue to expand as the year 2022 progresses. As more players flock to the game, the in-game tokens will become more valuable as demand for them grows on the NFT marketplace, which will increase the value of the tokens. Because of this, now is a great time to think about joining Axie Infinity.

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