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Bittime - Axie Infinity stands as a play-to-earn metaverse game inspired by Pokemon, operating on the Ethereum blockchain.
Get to Know with Lunacia
Lunacia, the virtual homeland of Axies, encompasses 90,601 land parcels, serving as the breeding ground for digital creatures called Axies. These parcels, represented as nonfungible tokens (NFTs), are pivotal in nurturing, breeding, and battling Axies, forming the foundation of the game's immersive experience.
Through the Lunacia SDK, players craft and deploy games on their land parcels, each game saved as an NFT for trading. This unique feature enables seamless integration of additional players into the game by interacting with the NFTs on the map.
The company's vision
Revolves around creating a dynamic ecosystem of gaming experiences rooted in player-owned economies, setting Axie Infinity apart from conventional games by rewarding players based on their time investment in gameplay.
This article endeavors to shed light on Axie Infinity's metaverse, operational framework, and avenues for player engagement.
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How is Axie Infinity developed?
Axie Infinity is built on the Ronin sidechain, an Ethereum sidechain developed by Sky Mavis. Sidechains, designed to address scalability issues on public blockchain networks, provide solutions to challenges such as high transaction fees and delayed confirmations.
Solution of Network Congestion
The creation of the Ronin sidechain in response to Ethereum network congestion underscores Axie Infinity's commitment to enhancing user experience by facilitating faster transaction confirmations, lower gas costs, and streamlined onboarding for new users.
Crypto and Blockchain Integration
Since 2017, Ethereum-based gaming has gained traction, with Axie Infinity emerging as a trailblazer in integrating crypto and blockchain elements into gameplay. The success of Axie Infinity in 2021 can be attributed to its seamless adoption of these technologies, ushering in a new era of immersive gaming experiences.
Understanding Axie Infinity Tokens
Axie Infinity operates on two tokens: Axie Infinity Shards (AXS) and Smooth Love Potions (SLP). AXS serves as the native currency, rewarding players and governing platform operations, while SLP tokens are integral to the breeding process. Players earn AXS tokens through gameplay and community participation, with incentives offered for staking tokens and voting on governance matters.
SLP tokens are earned through gameplay and are essential for breeding Axies, underscoring their significance within the ecosystem.
Understanding Axie Base Classes
Axies, serving as virtual companions, possess distinct characteristics, including their base class. Nine base classes define Axies' moves, with purebred Axies exhibiting moves aligned with their base class. The distinction between purebred and non-purebred Axies lies in their moves inherited from various ancestors.
Purebred Axies are favored by breeders due to their ability to acquire specific traits more easily, albeit at a higher cost.
Understanding Axie Stats
Axies possess four stat attributes in addition to their base class, totaling 140 stat points distributed based on their base class.
Understanding Axie Body Parts
In addition to the base class, Axies feature six body parts, each associated with a specific class, contributing additional stat boosts. The combination of parts from different classes defines each Axie's unique characteristics.
Understanding Axie Class Advantage
Similar to the mechanics in Pokemon, Axies possess class advantages influencing battle outcomes. Three groups of classes exhibit a rock-paper-scissors relationship, affecting damage inflicted during battles.
Axie Infinity Marketplace
The play-to-earn model adopted by Axie Infinity has transformed gaming into a lucrative venture, with the marketplace serving as a hub for trading Axie NFTs. However, server congestion may occasionally disrupt marketplace operations, necessitating troubleshooting measures to resolve transactional issues.
Where Can I Purchase Axie Infinity Crypto?
Acquiring Axie Infinity tokens entails registering with cryptocurrency exchanges supporting AXS tokens, followed by storing tokens in compatible wallets such as MetaMask.
How to Play Axie Infinity?
With the surge in Axie Infinity's popularity, NFTs can now be procured from the Axie Infinity Marketplace. To commence gameplay, users must purchase three Axies from the marketplace, followed by creating cryptocurrency wallets and downloading the Axie Infinity game client.
Axie Infinity is available across Android, iOS, Windows, and MacOS devices.
Earning Money in Axie Infinity's NFT Gaming Metaverse
Farming Smooth Love Potions emerges as a primary method for generating income within Axie Infinity, with SLPs earned through gameplay and sold in the marketplace. The scarcity and utility of SLPs, essential for breeding Axies, contribute to their demand and value.
Can AXS Tokens Be Staked?
Yes the AXS Token can be staked
- Go to the AXS staking dashboard to stake AXS.
- If you're a novice in AXS staking, your initial step involves linking your Ronin wallet. Simply select "Connect to Ronin Wallet" to proceed with this action.
- The stake button will appear once your wallet has been connected.
- After you've made your choice, you'll be asked how much AXS you want to stake. Enter the desired stake amount and press the Stake button.
Understanding Scholarships in Axie Infinity
Axie Infinity scholarships offer a passive income stream akin to owning a franchise, allowing individuals to utilize Axies owned by others for gameplay. The profit-sharing model between the Axie owner and the scholar fosters a mutually beneficial relationship.
Also Read What is Scholar or Scholarship on Axie Infinity?
The Road Ahead
Axie Infinity's exponential growth necessitates scaling infrastructure to meet escalating demand, with future endeavors focusing on enhancing gameplay experiences and launching new initiatives such as Origins and Project K, as stated by Andrew Campbell, an Axie Infinity program lead.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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