At this moment playing Axie Infinity pays a better hourly rate than the minimum wage in Portugal, Turkey and countries in most of Asia, South America and Africa. The value of the in-game Small Love Potion tokens has increased another 200 percent in the past 24 hours, and as a result players can earn at least around 5 dollars per hour.
Axie Infinity and their Small Love Potions are the latest trending topic in the world of blockchain gaming, simply because people are making money. By playing the game and winning matches, players earn Small Love Potions. At the current rates of $0.21 per potion, players can potentially earn 5 to 10 dollars per hour.
Challenging battles in the game’s adventure mode reward the player with 5 to 7 Small Love Potions. Such a battle takes 5 minutes maximum. Easy battles reward 1 to 3 potions. When players dive into the same battle over and over again, the rewards will also drop. Progress is needed to maintain the same level of rewards in the adventure mode of the game.
A competitive match with another player can result in a payout of something like 7 SLP. With a pretty bad win rate of only 30 percent and a match duration of five minutes, a player would earn approximately 28 SLP per hour. With the current exchange rate that would be $5.88.
Don’t quit your job
We would like to emphasize that it’s not wise to quit your job and focus solely on playing Axie Infinity. The SLP token has gone through a tremendous bull run in the past few days. Even though it sounds very tempting to make this career switch, the value of SLP is just as likely to drop with the same speed. Therefore Axie Infinity isn’t likely to provide a steady income a regular wage provides.
Currently the SLP token has gathered some hype among investors in certain forums. On July 1st one Small Love Potion was $0.003, and now two weeks later its value increased 6689 percent to $0.21. However, the value of SLP is highly speculative.
The token can only be used inside Axie Infinity. Players need SLP to breed new Axies, but besides that there’s no other purpose. When gamers want to breed a new Axie, they need 100 SLP tokens. At the current rate it costs 21 dollars to create a new Axie. Players who want to dive into Axie Infinity will need at least three little critters to form a team. A couple of extra ones would be wise, in case players need to change their tactics based on the level of the opposition.
Currently there are 1367 Ethereum wallets with SLP tokens in them. That’s a 13 percent increase compared with yesterday. There’s 3.5 million SLP on the market. The decentralized exchange Uniswap – which is the location where 99.9 percent of all these trades take place – holds 4.78% of the total supply.
What is Axie Infinity?
Axie Infinity is a tactical battle game in which two players fight each other using a team of cute creatures called Axies. These little weird balls of joy live in a world called Lunacia, and they come in all kinds of shapes in sizes. Their characteristics influence which moves they are capable of performing. They can be damage dealers, healers, or bad ass tanks.
Axies are deadly cute, that is an undeniable truth. But Axies are not only just cute, their appearance are almost unique. It is difficult to find two look-alike Axies since their body parts have various forms and shapes. There are more than 500 Axie’s body parts. Axies’ body and parts are classified into classes including Beast, Plant, Bug, Bird, Reptile and Aquatic, and more in future release. Moreover, the parts also come with four levels of rarity, which are Common, Rare, Ultra Rare, Legendary.
It is the battle system that makes Axie Infinity stand out. Axies will take turn to fight in a 3v3 battle. The Axies fight for their own will, but to win the victory, players need to a real strategist, from wisely choosing appropriate Axies for their team to placing them at the tactical positions.
Sky Mavis is working hard to make Axie Infinity a serious game. At least once per month the developer or community members organize a tournament. On top of that players can earn love potions or other crypto rewards from playing the game. As a result there are many incentives to get active within the world of Axie Infinity.
Robert Hoogendoorn is a gamer and blockchain enthusiast. He got in touch with crypto in 2014, but the fire really lit in 2017. Professionally he’s a content optimization expert and worked for press agencies and video production companies, always with a focus on the video games & tech industry. He’s a communication consultant for blockchain start-ups and writes not only for Play to Earn, but also other dapp websites and tech magazines.