AXI Infinity (AXS) Complete Guide - Everything About P2E Games
Hello! As interest in blockchain games and NFTs has grown recently, many people have been curious about Axie Infinity.
Today, we will explain this innovative P2E (Play to Earn) game in detail so that even beginners can easily understand it.
The concept of earning real money through games may seem novel, so let's find out step by step!
Introducing Axie Infinity (AXS)
Axie Infinity is not just a game. Developed by Sky Mavis in Vietnam, this innovative blockchain game is a groundbreaking project that adds economic value to the fun of collectible games like Pokemon.
The core of the game is raising and battling cute digital pets called 'Axies'. Each Axie has its own unique characteristics and ownership through NFT (Non-Fungible Token) technology, allowing you to feel the same attachment as raising a real pet.
The core of the P2E (Play to Earn) model: Unlike existing games, the biggest appeal is that players can enjoy the game and generate real revenue at the same time. This can be said to be an innovation that completely changed the traditional game paradigm.
ExiInfinity's History and Growth Story
ExiInfinity's journey began in 2018. It was initially just an experimental project created by a small development team, but over time it showed remarkable growth.
In particular, the COVID-19 pandemic in 2020 was a turning point for ExiInfinity. As people spent more time at home, they began to look for new forms of entertainment and ways to generate income, and ExiInfinity was the answer.
In 2021, it became a global phenomenon with daily trading volumes exceeding billions of won, and it had a huge impact, especially in Southeast Asia, such as the Philippines and Vietnam, where many people make a living through the game.
How ExiInfinity Works and Token System
ExiInfinity runs on the Ethereum blockchain and its own Ronin sidechain. The core of this system lies in two main tokens:
AXS (Axie Infinity Shards): The governance token of the game, which grants voting rights to participate in major in-game decisions and allows for additional income through staking. It is also an important resource for Axie breeding.
SLP (Smooth Love Potion): A token that can be earned through gameplay, rewarded for completing daily quests or winning PvP battles. Exchanging these tokens for cash is the core mechanism of P2E.
Gameplay Tips: A strong Axie team is essential for efficient SLP farming. Strategic team building that takes into account each Axi's attributes (health, speed, skill, and morale) is the key to success!
Various ways to use Axi Infinity
Axi Infinity is building an ecosystem that can be used in various ways beyond simply enjoying the game.
Using as a player: You can purchase Axis directly, play the game, and earn SLP, which you can then exchange for cash on the exchange. Experienced players can earn hundreds of thousands to millions of won per month.
Manager System: There is also a unique system where a person who owns an Axis (a manager) lends the Axis to another person (a scalar) and distributes the profits. This provides an opportunity to participate in the game without the burden of initial investment costs.
NFT Trading: Rare and powerful Exis are traded at high prices on the NFT Marketplace, and some legendary Exis are traded for tens of millions of won.
Land Ownership: You can also own 'Land', a virtual land within the game, and generate income through various activities.
Active ExiInfinity Community
One of the factors behind ExiInfinity's success is its strong community. Millions of players around the world are sharing information and communicating on various platforms.
Discord Community: The most active communication space where you can share game tips, market trends, and updates in real time. You can get various information from beginner guides to advanced strategies.
YouTube Channels: There are many creators who provide various content such as gameplay guides, market analysis, and Axis recommendations. Korean content is also increasing, making it more accessible.
Telegram Group: Telegram groups divided by region and language also serve as a connection between managers and Scala.
Exi Infinity Exchange and Trading Methods
AXS and SLP tokens are currently traded on various major exchanges. I will introduce the exchanges that Korean investors mainly use.
Domestic Exchanges: AXS trading is available on Upbit, Bithumb, Coinone, etc. It is convenient because it allows direct KRW trading, and it is easy to use with Korean language support.
Overseas Exchanges: It is actively traded on global exchanges such as Binance, Coinbase, and FTX. It offers more trading pairs and high liquidity.
Decentralized Exchanges (DEX): It can also be traded on Uniswap, PancakeSwap, etc., and sometimes offers more favorable prices than centralized exchanges.
Exchange Selection Tips: Choose the exchange that is right for you by comprehensively considering fees, withdrawal limits, security, and user interface. It is also a good idea to use multiple exchanges together as a concept of diversified investment.
Things to know when investing in Exi Infinity
⚠️ Important things to know
High volatility: Due to the nature of the cryptocurrency and NFT markets, price fluctuations can be very large. Price fluctuations of 20-30% per day are common, so invest only within your means.
Initial investment cost: You need at least 3 Axies to start the game, which requires an initial investment of hundreds of thousands to millions of won at the current market price.
Regulatory risk: Regulations related to cryptocurrencies and NFTs in each country may change, which may directly affect the game and token value.
Technical risk: Due to the nature of blockchain technology, technical issues such as hacking, bugs, and network failures may occur. In fact, there was a Ronin Bridge hack incident in 2022.
Game Balance Changes: Game updates or balance adjustments by the development team can have a significant impact on profitability.
Advice for Smart Investments: Please invest after sufficient study and market research, and only allocate a portion of your overall investment portfolio. It is also important to have a mindset that can purely enjoy the game.
ExiInfinity's Future Outlook
ExiInfinity is constantly evolving. The recently released 'Origin' version offers improved graphics and gameplay, and is making various attempts to lower the entry barrier for new players.
In addition, the full-scale introduction of land gameplay and the addition of various mini-games are expected to further enrich the ecosystem. As a leader in the P2E game market, it is highly likely to grow through continuous innovation.
However, it is also true that competition is becoming fiercer. With the emergence of various new P2E games, how ExiInfinity provides differentiated value will likely determine its future success or failure.
ExiInfinity goes beyond simple games to create a new digital economic ecosystem. I am really looking forward to how this innovative project that combines games and economy will develop in the future. I hope you will join this new world with sufficient preparation and careful judgment!