Exploring Axie Infinity: A Beginner's Guide to the Pioneering Metaverse Game

Exploring Axie Infinity: A Beginner's Guide to the Pioneering Metaverse Game

Discover Axie Infinity, the play-to-earn metaverse game revolutionizing blockchain gaming with its unique ecosystems and rewarding gameplay.

Key Takeaways

Axie Infinity combines play-to-earn mechanics with a player-oriented economy.
It operates on the Ronin sidechain, enhancing transaction efficiency.
Players can earn cryptocurrency through gameplay and staking AXS tokens.
The game features various classes and strategic advantages similar to Pokémon.
Scholarships allow players to earn SLP by using Axies owned by others.

Is Axie Infinity a Metaverse Project?

Axie Infinity is a play-to-earn game inspired by Pokémon, built on the Ethereum blockchain. Set in Lunacia, the game features 90,601 land plots available as non-fungible tokens (NFTs), where players can collect, grow, breed, and battle digital creatures called Axies. Players can buy and sell land, which serves as the hub for their Axies’ activities.

Using the Lunacia SDK, players can create games that can be saved as NFTs and traded. This project aims to foster a vibrant gaming ecosystem underpinned by player ownership, setting it apart from traditional gaming models where players lack tangible asset ownership.

Why Axie Infinity Matters

Play-to-Earn Revolution: This model allows players to earn money while playing, challenging conventional views on gaming as merely a hobby.
Focus on Player Economies: It empowers players by giving them ownership of in-game assets, potentially leading to substantial financial rewards.
NFT Integration: The presence of NFTs introduces unique gameplay experiences while ensuring asset scarcity and value.

Development of Axie Infinity

Axie Infinity runs on the Ronin sidechain developed by Sky Mavis. Sidechains aim to alleviate issues within public blockchain networks, such as high transaction fees and server slowdowns. The creation of Ronin began in June 2020 after network congestion impacted gameplay usability. This sidechain enables quick transaction confirmations and lower costs, enhancing the overall gaming experience.

The rise in Ethereum-based gaming popularity since 2017, coupled with Axie Infinity's successful integration of blockchain mechanics into gameplay, significantly contributed to its success in 2021.

Understanding Axie Infinity Tokens

In the Axie Infinity ecosystem, two primary tokens exist: Axie Infinity Shards (AXS) and Smooth Love Potions (SLP). AXS is the native currency used for governance and rewarding players. It has garnered attention as one of the leading metaverse tokens.

Types of tokens in the Axie Infinity ecosystem

Players can earn AXS by engaging with various games and user-generated content. Staking AXS allows token holders to receive additional token rewards and participate in governance discussions. SLP, on the other hand, is primarily used for breeding Axies and is earned through gameplay.

Axie Base Classes and Characteristics

Axies function as virtual pets that players can choose from nine different base classes. Each of these classes has unique characteristics and abilities, with purebred Axies typically preferred due to their predictable traits.

Nine different Axie classes for players

Players can mix and match Axie traits during breeding, leading to a wide variety of Axie combinations. Additionally, each Axie has four quality attributes that total 140 stat points distributed based on their class.

Axie Body Parts and Class Advantages

Each Axie comes with six body parts that affect their capabilities in battles. Different body parts correspond to distinct classes, providing stat boosts and differentiating each Axie.

Six types of body parts in Axie Infinity

Class Advantages

Axie Infinity employs a system of class advantages reminiscent of rock-paper-scissors. This feature adds a layer of strategy to gameplay, where certain classes deal more damage to others based on their matchups.

Three groups of classes with a rock-paper-scissors relationship in Axie Infinity

Utilizing class advantages allows players to gain significant advantages in combat, with bonus damage from advantageous encounters.

Navigating the Axie Infinity Marketplace

The Axie Infinity Marketplace serves as the primary venue for trading Axie NFTs. Players can buy or sell their Axies and land plots, with availability for various in-game goods. However, increased user activity can sometimes lead to marketplace disruptions.

Marketplace Tips

If the marketplace becomes unresponsive, it’s advisable to restart your computer and re-establish connection with your Ronin Wallet to facilitate purchases more effectively.

Buying Axie Infinity Crypto

To purchase Axie Infinity tokens (AXS), players should first register with an exchange that supports these tokens, such as Binance or Coinbase, and then transfer the purchased tokens to a crypto wallet like MetaMask. Following this, players can utilize the Ronin Wallet to engage with Axie Infinity’s marketplace effectively.

Steps to buy Axie Infinity crypto

Playing Axie Infinity

To get started with Axie Infinity, players need to buy three Axies, which can be obtained from the Axie Infinity Marketplace. Players will first need Ethereum (ETH), followed by creating wallets to store and use their tokens in the game.

Creating an Axie Infinity account

Installing the Axie Infinity Game Client

After acquiring your Axies, download the game client from the official website for either desktop or mobile devices. Currently, mobile apps are available through installation files rather than app stores.

Download Axie Infinity on desktop or mobile

Mobile Installation

For Android, players can download APK files from the website, while iOS users might need to join TestFlight to access pre-release versions of the app.

Earning Income in Axie Infinity

Players primarily earn money in Axie Infinity through farming Smooth Love Potions (SLP). These can be traded in the marketplace, and as demand rises, so might the value of SLP.

Three ways to obtain Smooth Love Potions

Income potential varies widely, depending on the market dynamics and individual gameplay engagement.

Staking AXS Tokens

Staking AXS tokens allows players to contribute to the network and earn rewards over time. Eligible players can vote on governance issues related to game development and treasury usability.

The AXS staking dashboard

Staking Process

By connecting a Ronin wallet to the AXS dashboard, players can easily stake their tokens and potentially increase their holdings.

Understanding Scholarships in Axie Infinity

In Axie Infinity, a scholarship allows players to manage teams for others, providing pathways to earn SLP without needing to own Axies directly. Profit-sharing arrangements, such as 50-50 or 60-40 splits, create mutually beneficial partnerships.

Various ways by which one can be considered for the Axie Infinity scholarship

Looking Ahead

The future of Axie Infinity looks promising, with developers focusing on enhancing gameplay through initiatives like Origins and Project K. As the metaverse gaming landscape evolves, Axie Infinity’s innovative achievements illustrate the vast potential of blockchain-powered gaming.