SLP and AXS tokens and digital real estate

DeFi

The popular NFT game AxieInfinity is literally blowing up the entire crypto market today. Bringing big money to its creators, this project already overtakes almost all competitors in popularity. The rapid growth of AXS and SLP tokens price was not long in coming, when the number of players approached a third of a million.
Axie Infinity is an example of a complete metaverse with its own economy and player incentive system. You get tokens after each victory, earning on average rewards worth several tens or hundreds of dollars. It is not difficult to understand the specifics of the game. This point is also encouraging as the NFT game is adapted for a wide audience.

Tokens

There are two types of tokens available to Axie Infinity users:
• Small Love Potion (SLP). They are utility tokens that are used as a reward to winners and for actions in the game. For example, if you are planning to breed Axie, then you need SLP.
• Axie Infinity Shard (AXS). They are governance tokens of the ERC-20 platform. You need them if you want to develop and have an influence on the ecosystem.

AXS functions

Among the main functions of AXS governance tokens, it is worth noting:

  • Control. AXS holders have the right to vote on governance issues;
  • Staking. Token holders can stake tokens with an average yield of 40% per annum;
  • Payment. Users can use AXS to make in-game purchases (buying Axie, digital real estate, or other in-game items).

Virtual estate

AxieInfinity also has virtual land plots (LAND). During a series of auctions, all plots were sold. But that doesn’t mean you can’t purchase land in the game. They are only available in the secondary market. Land holders dispose of it at their own discretion. In particular, you can build a shelter for Axie, install a billboard or rent it out.
Axie Infinity takes place in the virtual world of Lunacia. Players can buy, sell or rent tokenized land to each other. Thus, a full-fledged secondary market of virtual real estate is being formed, which can be used for commercial and gaming purposes.

How commercially successful is the project?

The success of the Axie Infinity project is evidenced by the fact that the project recently sold a virtual land slot for over $2 million (550 ETH). At the end of 2021, the project was in the spotlight of the cryptocurrency community. At the moment, Axie Infinity is a leader of a metaverse niche that has attracted significant investment in recent times.

Many experts evaluate the project as a promising metaverse with its own economy and NFT infrastructure. If you are looking for an opportunity to combine gaming with making money, investing in digital real estate and profitable staking.

How to start playing Axie Infinity and get paid for it

The main rule of Axie Infinity is that you cannot create more than one account per person. Otherwise, the account may be blocked. Here’s a standard algorithm of the player’s next actions:

  • Create an electronic wallet on Ronin Wallet. You need it to transfer the Axie Infinity virtual currency to Ethereum. Download the wallet installation file for iOS, Android and PC.
  • Create an account on the Binance blockchain system. This is necessary for the further manipulations with cryptocurrency.
  • Buy at least three characters on the marketplace using your online wallet. Some users sell not only adults, but also eggs, which matures in 5 days. You can select a character based on their stats, skills, and class.
  • Go to the official website of Axie Infinity and click on the Play Now button. The system will prompt you to download the installation file.
  • Start the game. A beginner should determine the strategy and method of earning.

The player can earn income not only from battles and quests. Quite a profitable occupation is breeding characters. If the player decides to make money on the battles, then it is better for him to join the army or assemble a team.

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