You’ve most probably heard about the new form of currencies as well as Non-Fungible Tokens. Are you aware that you can earn through playing an NFT game? Well, that is made possible through Axie Infinity, an adorable-breeding fighting game where users control monsters called Axies for Ethereum. But, what is Axie Infinity? How is it even a thing? And how does it work? How do you earn real money in Axie Infinity?
Introduction to Axie Infinity
Axie Infinity is an online virtual world called Lunacia. In this virtual world, players raise, trade, and battle fantasy creatures called Axies. That is where cryptocurrency meets gaming! Axie infinity functions as a fun and educative way to introduce the world to blockchain technology. An Axie can be thought of as a token to play the game. You will need at least three Axies to do PvP and PvE battles. Every Axie can be bred up to seven times, whereby it will give you a new Axie.
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You can find the Axie Infinity game from their official website here. From the website, you can access the link to their discord server, which offers a handful of helpful information concerning the game. However, since the game revolves around cryptocurrency, you’ll need to download a digital wallet like Metamask and load it with ETH (Ethereum). ETH can be acquired from Coinbase, Binance, or other exchanges, depending on what options are available in your region.
Next, download the Ronin Wallet. Afterward, deposit ETH to Ronin using the Ronin Bridge. Then, this is where you acquire the three Axies to play Axie Infinity.
Where do I get Axies to play Axie Infinity?
As stated above, you’ll need at least three Axies to start. Unfortunately, if you’re running on a low budget, then this might not be friendly to you. It costs a rough estimate of $500 to get three Axies in Axie Infinity. If you want a decent team, then you could stretch up to $1000, which is, well, expensive. Okay, you don’t need to get all three Axies at once. Well, if you can’t seem to get the financial power to kickstart your Axie purchase, there are manager-scholarship structures set whereby you can play with another user’s Axies, and then split the spoils.
Let’s find out how to start making money playing Axie Infinity right here.
How to Earn Money by Playing Axie Infinity
Axie Infinity is already transforming lives out there, as most of its users can raise the minimum daily wage by just playing the game. There are many ways to earn from the game, and we will try to cover everything in the most simplified form possible for you to understand.
There are four primary ways to earn money by playing Axie Infinity. These are:
- Earning money from Axie Infinity with Smooth Love Potions (SLP)
- Earning money in Axie Infinity by Axie Breeding
- Earning money in Axie Infinity through Scholarships
- Earning money with Axie Infinity Land (Real Estate)
Let’s now break things down.
Earn Money in Axie Infinity with Smooth Love Potions
Smooth Love Potions (SLP) farming is the fastest and easiest way to earn in Axie Infinity. It is among the most vital earning resources in the game. Moreover, players can use SLP to breed new Axies or sell them to other players for real-world money! Now, the SLP world is broad, and we’ll break it down further into the specific ways you can earn from SLPs. We’ll also show you how to gain maximum daily SLP and a few tips and tricks here and there.
So, there are three ways to earn SLP in Axie Infinity.
3 Ways to earn Smooth Love Potions (SLP)
Earn SLP in Adventure (PvE) Mode
The Adventure Mode in Axie Infinity is the most hassle-free way to earn SLP. Why is that? In Adventure Mode, energy is not required to gain SLP. That means that it is the only way in Axie Infinity to grind SLP after you’ve run out of energy, maybe from PvP matches. That is some great news, I presume! Then, how do you go about it?
The Adventure Mode is a single-player mode where your Axie-team battles monsters. Adventure Mode has 36 levels, with ascending levels of difficulty. That means that the higher your level of playing Adventure Mode, the more complex the game, but the greater the reward.
Here’s a tabular representation of Adventure Mode’s SLP reward system.
Moreover, that’s not all for Adventure Mode. There is a Boss Fight that gives you a one-time SLP reward. The Boss fights are two, at Level 21 and the other at Level 36. Their SLP rewards are 200 SLP and 300 SLP, respectively. That is a good deal!
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However, the Adventure Mode only gives a maximum of 100 SLP in a day, except when playing the Boss fights.
Unlike in the PvP mode, you don’t have to do much thinking in Adventure Mode. If you’re a beginner or don’t have much time to dedicate to other modes on Axie Infinity, then the Adventure Mode is a perfect choice.
Earn SLP in Arena (PVP) Mode
Welcome to the Arena Mode. This is where you battle other players’ Axies in PvP matches. Arena Mode is the best SLP source, going by its amount per time spent fighting other players. However, unlike in Adventure Mode, energy is required and used here, and if you run out of energy, you won’t be able to gain SLP in the Arena Mode.
A single energy token is used to play each game in Arena Mode, and it might go to waste if you lose it. That means you have to give your all when it comes to PvP matches. (Recommend: How to play PvP matches in Axie Infinity)
What happens if you lose or win on PvP?
If you lose a battle, then you only lose MMR (Matchmaking Rating). If you win, then you gain MMR and SLP. However, it would be best if you didn’t worry, as losing a PvP match doesn’t result in losing SLP.
The amount of SLP gained per win will depend on your MMR. The higher your MMR ranking, the more SLP you’ll earn from a PvP match win. Here’s a list of MMR ranking against SLP earned.
What about energy?
You need energy for PvP battles. Where does this energy come from?
Energy can be said to be acquired naturally, where you wait for some time until a certain number of energy units fill up. Increasing your energy can improve your daily SLP earning, as you’ll get more chances to play PvP matches. That only begs the question; how do you increase energy in PvP mode?
The number of energy units and their refill time depends on the number of Axies you own. If you have more Axies, you can recharge a higher number of Axies within a shorter duration than if you had few. Here’s the tabular representation to go by.
PvP is a power-dependent mode. However, it is the best way to farm SLP, and therefore you ought to be skillful in the gameplay to make sure energy is used in the best way possible. Moreover, always go for the win. Losing will negatively affect your SLP earnings in the long run due to MMR loss.
Earning SLP by Clearing Daily Quests
The Daily Quest has three tasks in it:
- Complete 10 (PvE) Adventure mode levels
- Complete Daily Log-in
- Win five PvP matches
If you manage to check all three, then you claim a 50-SLP reward. Would you mind doing your best to complete each piece of the daily quest before it resets at 12:00 GMT/5 PM EST/8 PM EST?
In a nutshell, the maximum SLP you can earn on completing daily quests and Adventure Mode is 50 and 100 SLP, respectively. Different factors jump into play in the Arena Mode to determine the maximum SLP you can earn from there. These are:
- Your max energy
- Arena rank
- Overall PvP win-rate
Lastly, your overall daily SLP earnings depend on how good you are in the Arena Mode.
How do you claim your SLP?
After you have farmed enough SLP, then it’s time to claim your rewards. In recent times, you can only claim your SLP after 14 days. Log in to your Axie Infinity account and make sure your Ronin Wallet is connected. Claim your SLP.
How to Earn Money in Axie Infinity by Breeding
One great feature of the Axie infinity game is that players can breed Axies. Yes, you can reproduce Axies to give rise to new ones.
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The newborn Axie usually has its set of body parts, stats, and abilities(cards). Each body part of the Axie possesses three genes, making it unique from the rest. If you’re lucky enough as the breeder, then you might land offspring with powerful stats. That’s what makes Axie breeding fun.
SLPs are needed to breed Axies. High-level Axie breeds require more SLPs to breed than the lower-level ones.
Now, you have to look at the cost of breeding Axies. You’ll incur an initial cost of 150 SLP for each one, plus four Axies to do your first breed. (Used to be two a while ago) There’s a lot of fluctuation in the cost of breeding Axies. It all depends on the price of Ethereum. However, it can be a good source of income if you consider all the benefits attached to it. For instance, you can breed Axies, then sell the offspring and breed them again, or breed your Axies, then sell the parents, and breed the offspring again. You can decide to keep both the parents and offspring and use them for battles or scholarship purposes. It’s your choice to make.
How to Earn Money with Axie Infinity Scholarships
You can only battle in Axie Infinity PvP matches with a team of three Axies. If you have found a way to acquire more Axies through buying or breeding, you can lend them to other people you trust. That is known as a Manager-Scholarship structure, where the manager lends Axies to other people, scholars who participate in PvP matches and helps you farm SLP.
The Scholarship ‘program’ is a common trend in Axie Infinity as it is mostly a win-win situation for both parties. Everyone wins something, and it all depends on the agreement between the manager and scholar. However, on most occasions, the client gets 40% while the scholar earns the remaining SLPs.
You can consider it as a passive form of income, like running a business franchise. Get your SLP and convert it to money!
How to Earn Money with Axie Infinity Land
Axie Infinity is played in a virtual world called Lunacia. In this world, we have divisions of tokenized land plots that act as bases and homes for Axies. The feature is still under development, and more features are being added to it.
However, landowners can still earn SLP from their land. You can earn AXS tokens and other resources from land plots by engaging in boss fights and PvE battles. Moreover, like real-world Real Estate, land plots in Lunacia can be freely traded in the market. You can invest in a piece of land, then wait until it appreciates, then sell it.
Those are the main ways in which you can earn from Axie Infinity. Wait, there’s another one. Flipping Axies. How do you earn from flipping Axies in Axie Infinity?
Flipping Axies is not a popular earning method, maybe because not many people practice it. However, it goes like this;
- Go to the marketplace to look for an Axie to buy.
- This time, we’re looking for an undervalued Axie that has some potentially good abilities.
- Buy the Axie at the relatively lower amount it is listed for.
- Post the Axie up for sale on the marketplace, but at a higher price.
- You won’t fail to land a customer after some time or days on the worst.
If you can get customers for your Axie in a short period, then you can make a good amount of money within no time, just by flipping Axies. You only have to keep an eye on the Axies that you think are undervalued. It is pretty worth it in the long run.
We must all admit that these are challenging times, and now that we have the Pandemic here with us, financial statuses are crippled. What if someone introduces you to a game where you play to earn actual money? You would certainly go for it.
Axie Infinity has come to the rescue during these financially uncertain times, restoring the hopes of thousands of households worldwide. It is rapidly gaining popularity, and you might want to jump in the craze and try your luck. It could turn out to transform your life; who knows?
However, none of all this is financial advice. Axie Infinity is a game, just like all other games. Therefore, the chances are that you may either win or lose money. We’re talking real money here! The initial cost might be too much for something you’re unsure of working out for you. Don’t dip your life savings in it, as things may go south, and you’ll have everything to lose.
If things turn out fine, then you’ll have a good story to tell. Apart from the money, Axie Infinity also gives you enough experience to navigate the cryptocurrency world. That’s all you need to know on earning with Axie Infinity. All the best!