The cookies is used to store the user consent for the cookies in the category "Necessary". This cookie is set by GDPR Cookie Consent plugin. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category. These cookies ensure basic functionalities and security features of the website, anonymously. An Axie breeder is probably pretty similar to being an investment trader.Necessary cookies are absolutely essential for the website to function properly. Buying SLP when it’s low, and selling Axies when prizes are high. However, you also need to be a bit smart about it. It’s safe to say that being an Axie breeder requires deep pockets. With $0,39 per SLP, breeding an Axie for the 7th time costs a lot of money. When SLP gets very expensive, the breeding costs go up exponentially. That means that at the current rates, as mentioned above, breeding a virgin Axie costs $80 in AXS and $60 in SLP. Breeding a virgin Axie costs 150 SLP, while the 7th time breeding costs a lot more. Every time someone breeds an Axie, this costs 4 AXS and a bunch of SLP tokens. Every time an Axie breeds, the next time breeding will be more expensive. However, to breed an Axie you don’t only need two Axie NFTs, but also enough SLP tokens. Every Axie can only breed 7 times in total, and as long as new players come into the game, breeders need to remain active. Axie breederĪn Axie breeder is probably one of the least talked about professions in the Axie community. An Axie scholarship manager takes roughly 5 to 10 percent of the revenue from every scholar in their portfolio.
An Axie scholarship manager often helps between 10 and 20 scholars. They help the scholar optimize their SLP earnings, and share in the generated revenue. Axie scholarship managerīecause managing scholars can require some time and coaching, Axie owners often get Axie scholarship managers in place who function as a middleman. An Axie owner providing scholarship opportunities, often takes 5 to 10 percent of the SLP earnings. At the same time this method gives Axie owner passive income through the efforts of their scholars. Owners with 100 Axies in their wallet, can put these to good use. As a result an Axie owner can create jobs by creating so-called scholarship accounts. Using the login credentials, third party users get access to the Axies and can play the game. Axie ownerĪxie owners can put their Axie NFTs in different wallets, each of them tied to an email address and login password. This depends on the business construction with the Axie owner and their scholarship managers. However, scholars pay a fee and generally earn between 70 and 90 percent. Axie players who own the assets themselves, earn 100% of their SLP earnings. They will earn a revenue share over their SLP earnings. Through the scholarship program, people get access to Axies without actually owning them. There’s a solution for that, as the community came up with a scholarship program. Nowadays the cheapest ones cost 0.246 ETH or $480, and players need three of them to get started. However, the price for Axies has increased a lot over the past year. Everybody with access to 3 Axies can earn SLP tokens. Owning three Axie NFTs is enough to start playing Axie Infinity. Now that you know a bit more about the game’s economy, let’s take a look at some earning opportunities. The economy of Axie Infinity can provide serious income to people in developing countries. It’s not a surprise that Axie Infinity has already become very popular in developing countries like the Philippines, India, Venezuela, Brazil, and Indonesia. That’s $39 at the current rates, meaning a monthly income of $1,170 based on 30 days of work. At the same time, the AXS governance token has also gained momentum, increasing its value by 433% in the past 14 days to more than $21.Ī dedicated player can earn up to 200 SLP per day, but let’s say 100 SLP is more reasonable. They need these tokens to breed new Axies, allowing more playing to join the world of Axie Infinity. By winning battles, players win SLP tokens. At the moment of writing the in-game reward token or Smooth Love Potions (SLP) hit an all-time record in terms of value. The economy of Axie Infinity is mostly about their SLP token.
We’ve listed the most common ways to participate in Axie Infinity and to become a citizen of the virtual world of Lunacia. There are different ways to participate in the game’s economy. Are you a player, breeder, manager, or content creator?Īxie Infinity is a play-to-earn battle game that’s providing thousands of people with serious income across the globe thanks to their play-to-earn economy.