The Growth of Axie Infinity in 2021

The Axie Infinity adds a lot of exciting features to the game’s free flow, making it much more valuable to both old and new players. This Ethereum-compatible game has become a significant source of income for video game players in many countries, including the Philippines, Brazil, and Venezuela. And more game players across the world are discovering new ways to earn more each day. 

The basic foundation of this game is the play-to-earn axie infinity model, which allows players to get rewards for accomplishing different tasks on the platform. The charges may involve completing questing, fighting and overcoming monsters, and other adventures. When a player is successful at any task, he earns an SLP, which is the reward for victory.

Then, the SLP can be gathered to be sold in the marketplace or converted to cryptocurrency. In other cases, it may be sold for real money because of its value in the market. When you hear of how DeFi and NFT marketplaces merge over an extraordinary hype of a new kind of cryptocurrency, we are in for a shocker. However, it was surprising to learn that the most popular crypto application that everyone has been talking about is actually a game.

The significant game-changer as far as the crypto gaming experience is concerned is the product of Sky Marvis – the Axie Infinity Game. Since the game has worked for over three years, more people subscribe to the now popular application that can pay you for playing video games. But first, how popular is the Axie Infinity game in the first place?

The Axie Infinity Growth

Presently, the Axie Infinity has over 300,000 DAU’s, a whopping 30x increase since the beginning of this year. Before then, it had had equally fantastic growth in the previous year as many discovered how much earning potential it had due to the COVID-19 lockdown. However, the change in the Discord of this platform is the absolute parabolic trend it follows, with the machine owning one of the most considerable Discord servers in the world. 

Meanwhile, while considering the level of revenue that the game has generated, you begin to see magnificent numbers. For instance, the monthly payment of the Axie Infinity for July surpassed $23 million. That is the amount of money that people earn from the game. 

Moreover, this amount shoots above the previous month of June by more than double the revenue members you have. It also brings it more into perspective when you consider that the revenue from the Infinity game in January was only above $100,000. Putting all these metrics together, one can easily see the tremendous growth of the game in leaps and bounds. 

At the same time, it shows that the Axie Infinity has been the most prominent and the leading crypto application in the gaming world. However, you wonder why so relatively few people are talking about the game.

What is responsible for the Axie Infinity Growth?

We explore the Axie Infinity game’s opportunity to all who are passionate video game players. The resultant effect is that the game has become a primary way to earn money from playing video games. Particularly, game lovers from developing countries such as Venezuela, the Philippines, Vietnam, and Brazil have unwrapped the mystery box in the game. 

Moreover, the newest model of playing game known as the play-to-earn has made Axie Infinity much more attractive to all and sundry. The game can be regarded as an innovator of some of the most recent business models about cryptocurrency. Also, the new play-to-earn model opens up the gaming economy for game players where the game providers and developers can have a great time. It directly benefits all the players who participate in the game.

Earning Potential of Axie Infinity

The current earning potential of Axie Infinity is enormous. For example, existing players on the Axei platform can earn between $30 and $50 in a single day of playing the game.  This reward is also in digital assets through game time. In addition, the users can also earn through other exciting method such as the Smooth Love Potions (SLP) and the selling of Axies. And the technique of making SLP comes when the …

The Future of Play-to-Earn Games with Axie Infinity

In December 2018, the Vietnamese studio Sky Marvis launched a new gaming app to encourage gamers to play more by adding a cryptocurrency reward for winners. Isn’t that a fantastic thing? The world didn’t recognize how much potential it had until 2020, during the pandemic lockdown that gamers from some developing tried it. After a while, they began to make much more than they would have made doing regular jobs. 

Meanwhile, businesses were folding up at that time, employees were losing their jobs and all sorts. But these game players remained in the comfort of their homes and enjoyed the game. It also comes with raking in some funds as cryptocurrency. Apart from this product from Sky Marvis, the gaming company, an alumnus of Ubisoft’s Enterprise Labs, created some other decentralized apps. Examples include the marketplace, a steam-like crypto game launcher, and a crypto wallet. 

Why the Hype on Axie Infinity?

In recent times, the Axie Infinity has become a growingly incredible tool for game lovers and cryptocurrency enthusiasts. The game also became a huge topic when social media learned about its explosive growth within four months. It surpassed 1 million DAUs in an accumulated lifetime trade of $1 billion. 

This new growth came as the company announced and promoted its Play-to-Earn (P2E) model. The model involves game players cashing out their in-game rewards and winnings into a real-life treasure. This feat particularly became a saving grace for Filipinos locked in during the COVID19 pandemic lockdown. Not only there, but it also affected other professions. Click here to learn more about Axie Infinity games.

However, many people have projected that Axie Infinity has a sustainable economy now to support its P2E because of the new users joining. They perceive that with time, when these new users stop coming in, and the demand for the game falls, some of the earnings may drop. And as a result, the game may not be as profitable as it used to be. 

Remember that the game also contains some essential characters to play with and the P2E earnings based on the price of the ETH crypto coin. Putting all these perspectives together, some have compared this situation with the Ponzi scheme that was very popular across different countries. Though it starts with big hype and a promise, it loses its sustainability when the number of new users or demand falls.  

Therefore, this article zeroes in on the actual game economy to determine if it is truly sustainable or not. However, we cannot just jump to probing the Axie Infinity game economy without first understanding how the entire system works. So, how does it really work?

How does Axie Infinity Game Work?

Core Gameplay

The Core gameplay is perhaps the most ignored part of this NFT game. You see, contrary to the idea of many people who register for the Ponzi scheme without asking what the core principle is. In addition, one should also know on what unfailing principle is this tech design founded? For instance, at the most superficial level of the game, what are the characters or items to expect

The Axie Infinity game is a team battler game with clear-cut influences, as indicated in the Final Fantasy Tactics games in the Sky Mavis whitepaper. Each player first creates a team of three free-floating monsters called Axies. Then, he positions them in strategic places in the grid. This positioning is an integral factor that determines hitting the default target and the interaction between the axies.

There are also four different stats that a player should monitor in his axies: their health, morale, speed, and skill. These attributes will determine how effective these axies are in combat. On the other hand, each axie comes with four different cards based on their abilities. In addition, both the cards and the attached cards can be defined by the six other parts of each axie.

For example, each axie has ears, eyes, mouth, horn, back, and tail. Meanwhile, a paper, rock and scissors set of classes within the game tell how strong or weak the axies are against each other. More so, combat players get a hand of cards across their axies that may cost some amount …