Understanding the Crypto-Based Game?
Axie Infinity Guide Philippines: Understanding the Crypto-Based Game?
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.
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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. One such early adopter is the user AxU Spraky, who not only lives outside of Cabanatuan City but also in Nueva Ecija. He stated that there were between 5,000 and 7,000 daily active users at that time. After coming across a post on Facebook describing the game, he began engaging in the activity a year ago. “Yung picture-picture ng mga axies, yung nagbabattle.
Since I was a kid, mahilig ako sa computer games, tapos at the same time, pandemic, naghahanap din ako ng extra side hustle para makatulong lang sa sarili at sa family.” When the Cabanutuan community first started playing the game, a team of axies could be purchased for as little as five dollars, or two hundred and fifty yen. When Spraky finally started his business a few months later, he had spent 14,000 yen to buy his team. The cost has now significantly increased to an extremely high level. A single axie can be purchased for no less than 10,000 yen, which is the absolute bare minimum. To get a good start as a group, you should have approximately 50,000 yen.
As the pay-to-win model of Axie Infinity continued to gain popularity, “scholarship” programs were introduced. These programs allow “scholars,” players who do not have the financial means to purchase a team on their own, to rent one. This allowed the community to better deal with the ever-increasing cost of playing the game. According to Spraky, the terms “scholarships” and “scholars” were coined by the player AK, but players had already been lending their axie teams to others, with the goal of assisting them in earning amidst the pandemic. As a result of this, he and his two other close friends, Ken and Pot, decided to establish an Axie University. “Ang talagang nakakatuwa dun—mga scholars’ stories na natulungan during the pandemic.”
People are trying to keep themselves busy in spite of the ongoing pandemic by playing games in addition to their normal work routines and the chores that need to be done around the house. There are games that not only give you the opportunity to unwind, but also give you the chance to earn money. You did read that correctly; the type of game we are discussing is not one that requires players to pay money in order to participate or one that requires players to pay money in order to win. Rather, this game is based on a model in which players earn rewards simply by participating. This is essentially the reason why Axie Infinity has become very popular among Filipinos, as evidenced by the fact that it currently has over 150,000 active users.
But before you get too excited about your Axie Infinity journey in the Philippines, we have prepared an in-depth guide to help you understand the entire game, including the complexities that a lot of people may not understand. It is a video game developed by the Vietnamese studio Sky Mavis that utilizes Pokemon-like monsters referred to as Axies to engage in battles or to breed in order to earn Ethereum-based cryptocurrencies. These cryptocurrencies come in the form of SLP (Smooth Love Potion) and AXS (Axie Infinity Shards) in the course of playing the game. Because of the cryptocurrency nature of the game, each Axie is an NFT (Non-Fungible Token) that has a market value that varies depending on a number of different factors.
These variables include the skills it possesses, its breed, and its aesthetics, which are among some of the most important aspects in determining an Axie’s value. * Formalized paraphrase This article contains an explanation of non-fungible tokens (NFTs), which you can read if you’re interested. Playing axie can be done in a variety of different ways. The first way is by breeding axies and selling them in the marketplace. The second way is by completing quests and engaging in PvP battles against other players. The second option requires you to put your newly raised axes to the test. During the process of compiling this Axie Infinity Guide for the Philippines, we came to the realization that, in contrast to the majority of video games, in which you simply create an account and then begin your adventure, Axie requires you to have a number of components at your disposal before you can begin playing.
Because cryptocurrency is involved, you will need to have two crypto wallets: one for storing Ether, and another for storing currencies related to Axie. If it’s the former, you have a lot of options, but if it’s the latter, you should use Ronin Wallet. There are lots of options. Because Ronin Wallet is an extension for Chrome, in order to get started with it, you’ll also need to use Chrome as your web browser. The game can be played on a personal computer (PC) or on any device that runs Android, and this is where things start to get interesting. Axie is not as demanding on hardware resources as some other cryptocurrencies, such as Bitcoin or Chia, which require a powerful graphics processing unit (GPU) or a large and fast solid-state drive (SSD) to mine. Axie Infinity can be played on any device, so even those with less expensive mobile phones or tablets can use them to participate in the tournaments. This is one of the main reasons why it is so widely available in the Philippines.
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