“Axie Infinity for Investors” is an insightful guide to help investors maximize their profits in the virtual world of Axie Infinity. Axie Infinity is a blockchain-based gaming platform that has become increasingly popular, attracting a large following and providing opportunities for investment in its virtual economy.
Investing in virtual economies can be challenging, especially for those new to the concept. However, with the right guidance, the potential for profits is significant. This guide has been created to maximize the process and provide actionable, easy implementation strategies.
By following the strategies outlined in this guide, investors can increase their profits, reduce risk, and enjoy the excitement of playing Axie Infinity. So, if you’re ready to join the exciting world of Axie Infinity, this guide is your key to success. Get ready to take the leap and explore the opportunities that await you in this exciting world.
Overview of Axie Infinity
Axie Infinity is a blockchain-based game that offers a unique gaming experience to its players. It is a monster-battling game that enables players to build teams of cute creatures called Axies. The game runs on the Ethereum blockchain using the sidechain Ronin, which ensures quick and efficient transactions, thus minimizing fees and delays.
The game has two main modes of play: computer-controlled battles, where players pit their Axies against computer-controlled teams. The second mode is live internet battles, where players can challenge other real players.
Axie Infinity is primarily focused on turn-based battles and is designed to offer a highly engaging and interactive experience to its players. Axie Infinity is a modern twist on the classic concept popularized by the beloved Pokémon series. The game invites players to collect and battle adorable creatures, known as Axies, in turn-based combat.
However, it is important to note that the initial investment required to get started in Axie Infinity is significantly higher than in traditional console games. Despite the higher upfront cost, players are provided with numerous benefits that make it well worth the investment.
Firstly, players are the rightful owners of their Axie NFTs, which they can resell for a profit. Additionally, Axie Infinity has adopted a “play-to-earn” model, which rewards players with cryptocurrency tokens that can be exchanged for real money.
This means that players can simply generate a return on their investment by playing the game, making Axie Infinity a highly appealing option for those looking to earn money through gaming.
Another key aspect of Axie Infinity is its use of NFTs (non-fungible tokens). In the game, NFTs represent various in-game items such as Axies and land plots. These cryptographically unique tokens confer ownership rights to the buyer, making the in-game items truly rare and valuable.
This opens up the possibility of trading Axies on the game’s marketplace for real money, making Axie Infinity a highly lucrative game for serious players. In addition to battling, Axie Infinity also offers a breeding feature that allows players to breed their Axies to create new and potentially more powerful creatures.
The breeding process also yields additional NFTs that players can sell on the marketplace, further increasing their revenue potential. Some Axie NFTs have sold for as much as 300 ETH, which amounts to over $600,000 at current market prices, showing just how valuable these in-game items can be.
5 Strategies to Maximize Profits in Axie Infinity for Investors
In blockchain games like Axie Infinity, the game’s ownership is decentralized through blockchain technology. This results in players being able to own a portion of the game, with in-game items gaining tangible value instead of being just virtual items on a screen.
These games run their own blockchain economy with their players, where they either issue their own tokens or utilize existing networks such as Ethereum. Players can buy, sell, or trade items in the game’s marketplace, with their earnings from the game being convertible to real-world currency.
Axie Infinity offers various opportunities for players to earn substantial profits. These are 5 helpful strategies to maximize profits in Axie Infinity for Investors:
Collect Smooth Love Potions (SLP)
As a beginner in Axie Infinity, a player can earn profits by participating in the game itself. Players can obtain the in-game token called Smooth Love Potion (SLP) through gameplay activities such as battles and quests.
These SLPs are a valuable commodity in high demand, as they are necessary for breeding Axies. Players can sell or trade the SLPs they acquire on the Axie Marketplace, with its current trading value at $0.074 (Php3.8) per SLP.
There are several ways to earn Smooth Love Potions in the game, such as:
- Winning battles against computer-controlled monsters in Adventure Mode,
- Battling against other players in Arena Mode, or
- Completing the Daily Quest.
Average SLP You Can Earn Everyday
Adventure Mode rewards varying amounts of SLPs depending on the player’s level, with higher levels providing higher rewards. Currently, the maximum amount of SLPs accumulated in Adventure Mode is 50 SLP per day.
Arena Mode also rewards different amounts of SLPs based on the player’s arena bracket. As a beginner to intermediate player, one can earn from 1 to 21 SLP per win in a battle, with 20 Energy allowing for a maximum of 300 SLPs (or more for advanced players) per day. Completing the Daily Quest also earns an additional 25 SLP per day.
A new player can earn from 75 to 300+ SLPs daily, depending on their Axie team, energy level, and player skill. On average, players earn around 150 to 200 SLPs daily, which increases as they advance and improve their skills in the game.
Selling and Breeding Axies
Axies in Axie Infinity serve as in-game tokens such as SLP and as non-fungible tokens (NFTs) that carry their own intrinsic value. When two Axies breed, a unique offspring is produced, possessing a combination of genes, abilities, body parts, and stats that differentiate it from any other Axie.
This unique characteristic of Axies has sparked interest in breeding as users strive to create Axies possessing the ideal qualities. After successfully breeding an Axie, users can either keep it for personal use or sell it on the marketplace.
The price of an Axie is determined by its quality. The better the stats, abilities, and genes, the higher the selling price. The lower-quality “floor” Axies, which have poor stats and abilities, are sold for around 0.05 to 0.06 ETH, or roughly Php8,000 to Php10,000.
Some users have taken the breeding process to the next level and have been able to create high-quality Axies that sell for a significant amount. The highest-selling Axie to date is the triple Mystic Axie named Angel, sold for a staggering 300 ETH, equivalent to approximately $120,000 or Php6 million.
This shows the potential for breeding Axies in Axie Infinity to be profitable for those who put in the time and effort to master the process. Breeding Axies is a lucrative process that has gained immense popularity among users.
The demand for Axies continues to rise as more people become interested in Axie Infinity and seek to build their own teams. Breeding high-quality Axies is seen as a worthy investment, as users put in the effort to create Axies that can fetch a high price on the marketplace.
Whether for personal enjoyment or financial gain, breeding Axies in Axie Infinity offers a unique and exciting experience.
Creating an Axie Scholarship Program
Holding onto your extra Axies can give you a unique opportunity to create your own Axie Scholarship program. This involves lending some of your Axies to other players who want to start playing Axie Infinity but do not have the resources to purchase their own Axies.
In return for your generosity, you receive a portion of their earnings. This mutually beneficial arrangement allows new players to experience the game while also allowing you to earn passive income.
Unlike other games, Axie Infinity restricts players from controlling only one team of three Axies at a time, and creating multiple accounts is prohibited. However, by establishing a Scholarship program, players with a surplus of Axies can maximize their investments and give back to the Axie community simultaneously.
Through a Scholarship program, you can help new players get started with Axie Infinity and earn passive income in the process. The benefits of an Axie Scholarship program are numerous and far-reaching. New players can start playing the game without incurring any upfront costs while also receiving guidance and support from experienced players.
Meanwhile, as a Scholarship Program Manager, you have the chance to earn passive income and make a positive impact on the Axie Infinity community. Establishing a Scholarship program in Axie Infinity requires careful planning and consideration.
As the program Manager, you are responsible for setting the terms and conditions of the program, such as determining the quota you expect Scholars to meet and how you will split your earnings with them.
Although the Scholarship program is not currently an in-game feature, it is transacted outside the game, allowing you to customize the program to meet your needs.
Investing in Lunacia Land Plots
The world of Lunacia in Axie Infinity is expanding, and the ability to invest in land plot NFTs is becoming a more prominent feature. As an Axie investor, you can own a piece of the in-game world and turn it into a base of operations for your Axies.
Customize your land plot to your heart’s desire, whether as a home, a resource-producing factory, or a hub for hosting shops and other buildings. Owning land in Lunacia opens up a world of opportunities.
In addition to customizing it, you have the ability to rent out your land to other players, sell it when its value increases, or form alliances with other players to pool resources and create guilds. Battle monsters on your land, host mini-games and events, and even become an access point for different dungeons. The possibilities are endless.
With the planned release of the Lunacia SDK in future phases, independent developers and players will be able to create their own games and host them on their land plots. This opens up a new world of possibilities for the in-game world of Lunacia, and developers have many exciting plans for its future.
Staking Your Axie Infinity Shards (AXSs)
In addition to being used as a currency and governance token, the Axie Infinity Shard (AXS) is soon to be used by players for staking. By staking their AXS, players can claim rewards, providing them with another income source while enjoying the game. The versatility of the AXS token further adds to the excitement of playing Axie Infinity.
Staking in Axie Infinity is a process of locking up your AXS tokens to support the operations of the blockchain network and receiving newly issued AXS tokens as a reward. As Axie Infinity continues to experience rapid growth and increased revenue in recent months, the value of AXS has significantly increased.
By staking your AXS tokens, you are participating in the platform’s success and creating an additional source of passive income. AXS coin investing is a simple and secure way to earn rewards for supporting the network.
By participating in staking, you are contributing to the stability and security of the Axie Infinity blockchain, which drives the platform’s growth and increases the value of the AXS token.
Whether you are a seasoned cryptocurrency investor or new to the world of blockchain, staking your AXS tokens provides a great opportunity to reap the benefits of the growing success of Axie Infinity.
What are the Risks of Investing in Axie Infinity
It is important to understand that investing in cryptocurrency, including the Axie Infinity game, comes with inherent risks. While the potential rewards may be high, the market’s volatility can result in substantial losses.
If you choose to include Axie Infinity as a part of your investment portfolio, it is crucial only to invest money you can afford to lose and to educate yourself on the risks involved fully.
Volatile Price
It’s important to recognize that while there have been cases of people making substantial profits through Axie Infinity, there have also been instances where individuals have suffered significant losses. The value of SLPs, like any cryptocurrency, can be highly volatile and unpredictable.
For example, in 2021, the value of one SLP reached a high of ₱20, only to drop to around ₱9 in August of the same year. Currently, its value is pegged at ₱0.60. The value of SLPs can fluctuate rapidly without warning, so it is important to keep this in mind when making investment decisions.
Your Skills in Playing the Game
Winning in Axie Infinity requires more than knowing how to play the game. Your success will depend on many factors, including your ability to select the right Axies for battle, make strategic decisions, and choose skilled scholarship managers and players.
It’s important to understand that the outcome of your investments in Axie Infinity will ultimately come down to luck and chance, making it a high-risk proposition.
Cyber Hacking
Security is a major concern regarding cryptocurrency and blockchain games like Axie Infinity. Cybercriminals can gain access to your account through various means, such as fake digital wallets, phishing scams, and weak passwords. Additionally, scammers may pose as scholarship managers or players.
Taking proactive steps to secure your assets is essential to minimize the risk of theft or fraud. This can include using a hardware wallet to store your crypto assets, keeping the wallet offline, and verifying the identity of individuals you transact with.
FUD
FUD, or Fear, Uncertainty, and Doubt, is a term that is widely recognized and feared in the world of cryptocurrency. When FUD is spread about a particular coin or currency, it can erode investor confidence and cause the value of that currency to drop. The same is true for blockchain games like Axie Infinity.
If a significant number of players lose confidence in the game, it could have a devastating impact on its internal economy, potentially causing it to collapse. It is, therefore, crucial to be aware of any instances of FUD and to approach investment decisions with caution and a clear understanding of the risks involved.
How to Play Axie Infinity
Investing in Axie Infinity can be a great opportunity for those looking to earn profit from their investments. But as with any investment, it is important to understand the risks and costs involved.
If you want to invest in Axie Infinity, here are the steps you need to follow:
Open a Cryptocurrency Exchange Account
To purchase Ethereum, you will need to set up an account on a cryptocurrency exchange. Some popular Ethereum trading exchanges are Coinbase, Gemini, Voyager, Crypto.com, and Binance. To verify your identity, you must provide your personal information, including your address, Social Security number, and a valid photo ID.
Buy Ethereum (ETH)
Once your account is verified, you can fund it with fiat currency or another supported cryptocurrency. Then you can find the Ethereum trading pair and complete your purchase.
Send Your Ether to an Ethereum Wallet
You must choose a software wallet to interact with the Axie Infinity marketplace. Metamask is the most widely supported software wallet, and it is available as an application on iOS or Android, as well as a browser extension on Google Chrome.
Deposit Ether Into Your Ronin Wallet
Axie Infinity has its own sidechain, called Ronin, which is linked to Ethereum. To use the Axie marketplace, you need to download the Ronin Wallet as a browser extension in addition to Metamask. Then, connect your Metamask wallet, enter your Ronin address, and the amount of Ether you want to send to complete the deposit.
Buy Axies on the Axie Infinity Marketplace
To start playing the game, you must purchase at least 3 Axies. When choosing your Axies, consider factors such as the number of times they have been bred, their purity, and the composition of your team. You can also breed your Axies to earn more profits.
Use your Axies
Once you have purchased your Axies, you can start playing the game or breeding them. You can play against other players or computer-controlled monsters to earn SLP tokens or breed your Axies and sell them to increase your profits.
Axie Infinity For Investors
Axie Infinity’s popularity and growth potential make it an attractive investment opportunity, and this guide provides a roadmap to success for investors of all levels of experience. Investing in virtual economies can be an exciting and lucrative experience, and with the right strategies, the potential for profits is unlimited.
Investing in virtual economies can be a thrilling and rewarding experience. By following the strategies outlined in this guide, investors can increase their profits, reduce risk, and enjoy the excitement of playing Axie Infinity. The future is bright, and the potential for profits is limitless, so join the exciting world of Axie Infinity and start maximizing your profits today.
