Cover-Credits:
Axie Infinity is a blockchain, play-to-earn game where players can buy, sell, breed and battle Axies. Players have full 100% ownership of in-game items due to the game's integration of Blockchain and NFT technology, that allows players to earn by playing the game. Players earn Smooth Love Potion (SLP) by performing various tasks within the game which includes and is not limited to Player vs Player (PVP) battling, breeding, completing quests and more. Here is a full guide on how to earn money with Axie Infinity.
How to earn money by playing Axie Infinity
To put it simply, the easiest way to earn is to play and progress in the game to receive their in-game token which is known as Smooth Love Potion (SLP) which you can then trade for real money!
To earn SLP players can fight battles and complete daily quests which can include rewards upto 25 SLP
You can also do Player vs Environment (PvE) matches: This is known as ruins and will let you earn 50 SLP for completing PvE missions
Player vs Player: Players can also battle with other players to earn SLPs. Your rating will determine how much SLP you can win through fighting through Arena Battles. However, this will consume energy.
Strategy plays a key role in farming and earning SLPs, you need to work out how to win battles otherwise you can lose anything you invested. Another point to note is that SLPs are crucial for breeding and hence considered in high demand.
There are other ways to be earning on Axie Infinity such as:
1. The Scholarship Program: If you’re too busy to play and want to earn a passive income using Axie Infinity, you can simply allow other players to use your Axie. They will get to play for free but this will allow you to create agreements wherein you can take a share of the rewards. Obviously, this will need a lot of initial investment and carries some risk, but it allows investors to earn money passively. At its peak, sponsors like Yield Guild Games claimed to have earned an average of $1M SLPs per day.
2. Breeding and Selling of Axies: You can breed two Axies to create new ones, this will also result in stats being changed up and different as well different abilities and more. This makes them more valuable as they are different to what exists on the market and allows you to sell them as Non-fungible tokens.
With breeding you have the option of selling the Axies on the market for a price determined by the stats and abilities.
3. Staking $ASX tokens: Axie Infinity Shards (AXSS) are one of the governance tokens and are also used as currency in the ecosystem. These can also be used for staking which means you put your digital assets and currency to earn a passive company like a high-yield savings account. You simply lock up your coins and allow them to participate in running of the blockchain and in return you earn percentage yields which are essentially rewards. Players can stake tokens through the official Axie Infinity staking portal.
4. Investing in Lunacia Land: Another way of earning big is through the Lunacia Universe. You can invest in land plot NFTs and this allows you to design your plots as you please and will let you profit from resources or even battle axies and serve as an access point.
To earn, you can rent out your land to other players and even sell them when their value rises.
This story was written in partnership with Linx Games
Linx Games is a community-driven blockchain game distribution platform for gamers and developers to interact, socialize and exchange ideas.
