How about a world where you can earn your income while playing a game?
Didn’t you ever think that your 9 to 5 job is super boring but you have to keep it because the money is too good? Or have you ever been unemployed and desperate for income?
What if this misery could all end by playing a fun computer game?
Now you’re thinking “Sure, that would be great, but that’s very far fetched.”
No it’s not! It’s already here. This idea can exist thanks to blockchain development and NFTs. There are a few games out there with which you can play to earn but in this article I want to focus on the most successful and popular one.
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Axie Infinity is a blockchain technology (card) game based on the ethereum blockchain that got launched in 2018 developed by Vietnamese studio Sky Mavis. It went from 38,000 daily users to 1.8 Mio daily users in just the first few years.
Axie Infinity is very popular in
- Philippines — 40.53%
- Venezuela — 6.31%
- United States — 5.72%
- Thailand — 4.73%
- Brazil — 3.29%
With this game you can earn SLP (smooth love potion). SLP is digital money in the Axie Infinity metaverse. You earn it while playing in adventure mode, use it for breeding axies or when you win battles in the arena.
Axies are funny looking creatures. You need to have 3 axies that you buy on the marketplace in this metaverse or you can get a team of 3 through a scholarship.
At the moment the SLP price is still very volatile. Today it is 0.0393 Euros but in August 2021 it already reached 0.30 Euros.
Depending on your level of experience you can earn between 75 SLP (by grinding the adventure levels and finishing the daily quest) and even more when you get a higher MMR (matchmaking rating) and win a lot of games in the arena.
So it is really hard to tell how much you can consistently earn. Google says that you can make about 350 Euros per month on average.
But let’s say you have gained a lot of experience in your first 2 weeks in the adventure mode, you pass level 21 and you kick ass in arena, you could easily earn about 150 SLP per day, about 4,500 SLP per month and even more. I saw players on YouTube who earned about 350 SLP a day.
With the current price 4,500 SLP would be about 177 Euros per month, but if the price goes to 0.50 cents that would be 2,250 Euros and yes we are not there yet, but if this game gets to the point of mass adoption everything is possible.
You need 3 axies. If you are not interested in a scholarship and you want to start today you will have to buy 3 axies from the marketplace. To have a decent team you need to invest about 500-800 Euros. When you have your team you should calculate with about 2–3 hours per day playing to be able to earn the maximum that you can.
Yes, but be careful what axies you buy. On YouTube you can find plenty of helpful videos to find out what a good axie team is. Without a really good team you might not be able to win in the arena so be mindful of that. Ideally you don’t touch the arena until you have reached Level 21 in adventure mode. First you need to train your little axies to make them fit for the arena, like a boxer has to train before he is ready for the ring. Same story.
I started with this game last week (beginning of Dec 2021). In the first days I earned about 85 SLPs in the adventure mode but because my MMR dropped below 800 (I lost a lot of battles because I didn’t have any experience and a bad team) I cannot earn SLPs anymore. I made a couple of mistakes and didn’t research enough. But this is a different story for an other time.
Yes, for me it is a blast to play. If you are into card games, cute little creatures and you are willing to learn all the rules and cards and you have about 800 Euros that you are happy to put into a game, this might work really well for you too.
Maybe in the Philippines where you can comfortably live from about 440 Euros per month. In other areas it might be nice pocket money but not enough to live from yet, depending on the SLP price of course.
Probably not yet. It is still in the development stage, a lot of upgrades are still ahead of us, but I believe and trust in the team of Sky Mavis to bring this game to a level so it can serve as a real income source in the future. Only today they announced that there will be a change of how much breeding will cost (3xSLP but 0.5 of AXS instead of 1 AXS).
I will let you know about my progress and experience in axie infinity in future articles.
What do you think? Would you give Axie Infinity a shot before it reaches mass adoption? Is this the future of earning income?
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Ella Heart studied environmental system sciences with focus on economics, worked in the media sector in Austria and is a 500 RYT Yoga Teacher living in the Netherlands. On Medium she writes about her perspective on life after having experienced different kinds of psychedelics . Her main topics are self-improvement, self-development and technology.
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