Here’s a guide on how to make money in Axie Infinity Game. You might have heard that many players earn huge income just by playing Axie Infinity, a Pokemon inspired blockchain game where you raise cute digital pets named Axies and make them fight with other players.
Some players even reportedly have Axie Infinity as their main source of income, and the game is literally making dollars and crypto for them.
Most readers who are unfamiliar with Axie Infinity and blockchain games are probably wondering how the high earning potential in a game can come about.
What’s amazing about Axie Infinity is that there are many ways to earn money from the game, and those ways are both lucrative and fun at the same time.
Note: This article only serves as an informational guide for those who want to know more about Axie Infinity. Cryptocurrencies are very volatile and the money you are going to invest can go up/down depending on the market.
Also read: How to Make Money in Thetan Arena Game
What are Blockchain Games?
Blockchain games like Axie Infinity use blockchain technology to decentralize ownership of the game, so that all players can own a small part of the game. This means that the items you earn in-game are no longer just pixels on the screen but now have real value attached to them.
These games operate their own blockchain economy among their players. These games issue their own tokens, while some use existing networks like Ethereum.
Within the game market, you can then buy and sell items or trade them, just like in a real world market. The money you earn from playing games and transacting in the market can be converted into real world money.
5 Ways to Make Money in Axie Infinity Game
In the game Axie Infinity, there are several ways to make money from the game. Some of the most common ways are:
- Collecting Smooth Love Potions (SLP)
- Breeding and selling Axies
- Creating the Axie Scholarship program
- Invest in Lunacia’s plot of land
- Staking Axie Infinity Shards (AXSs)
1. Collect Smooth Love Potions (SLP)
The starting point for most novice players to earn is by actually playing the game itself. While going through the gameplay by fighting in battles and completing quests, you get rewarded with an in-game token called Smooth Love Potion (SLP).
This SLP is a valuable resource and in high demand, as it is needed when breeding Axies. When you earn SLP, you can sell or trade it on Axie Marketplace. As of writing this article, SLP is currently trading at $0.074 (Php3.8).
There are different ways to collect Smooth Love Potions in Axie Infinity:
- Win battles against computer-controlled monsters in Adventure Mode.
- Win battles against other players in Arena Mode.
- Completed Daily Quests.
How much SLP can be earned each day?
Adventure mode rewards different amounts of SLP depending on the level you are playing, with higher levels rewarding higher SLP. The maximum amount you can collect in Adventure Mode is currently limited to 50 SLP per day.
Arena Mode also provides different amount of SLP depending on the arena bracket you are in. If you are a beginner to intermediate player, you can earn from 1 to 21 SLP per battle you win. As a beginner with 20 Energy, this means you can earn up to 300 SLP (or more for advanced players) per day.
Lastly, completing daily quests gives you an additional 25 SLP per day.
In total, novice players can start earning from 75 to 300+ SLP per day depending on the Axie team, energy and player skills. On average, players typically earn around 150 to 200 SLP daily, and this number will only increase as players progress and become more skilled throughout the game.
2. Develop and sell Axies
Apart from in-game tokens like SLP, the Axies you control also have value as non-fungible tokens (NFT). They also have the power to reproduce, which results in a new Axie. When offspring emerge from two Axie breeds, this new Axie has a different set of stats, body parts, abilities, and genes, making it very unique from every other Axie.
Once you successfully breed a new Axie, you can decide whether you want to keep it for your own use, or sell it in the market. The price Axie would sell for depended on Axie’s qualities, such as whether Axie had balanced stats or great ability synergy.
The better Axie’s stats, the higher the selling price. As of this writing, Axies “floor”, which has poor stats and is the cheapest on the market, is already selling for 0.05 to 0.06 ETH (around Php8,000 to Php10,000+).
Several users have mastered the breeding process and produced a strong and beautiful NFT Axie and sold it for a high price. The highest selling Axie so far is a Mystic triple called Angel, which retails for 300 ETH, which at the time of sale was around $120,000 (~Php6 million).
The demand for Axies seems to be on the rise as more and more people want to join Axie Infinity and need to equip their own Axie starter team.
3. Create an Axie Scholarship program
If you don’t plan to sell your extra Axies, one of the reasons you may want to keep them is to set up your own Axie Scholarship program. The Axie Scholarship is where you lend some of your Axie to other players so that they too can start playing for free, while you receive an agreed cut of the earnings.
In Axie Infinity, you are only allowed to control one team of three Axies at a time, and creating multiple accounts is banned. That is why many people with the advantages of Axies in their hands are overcoming this limitation by creating Scholarship programs to make better use of their Axies.
Everyone wins in the Axie Scholarship program: new players get the chance to start playing the game right away without having to pay an upfront fee; and you, as a Scholarship program Manager, created an easy way to earn passive income.
The current scholarship program is not a feature of the Axie Infinity game and is transacted outside of the game. As a Manager, you have to decide the terms and conditions of your Scholarship program, such as what quota you want your Scholar to achieve, and how you will divide your earnings (e.g. 50-50, 60-40, 70-30).
4. Invest in Lunacia’s plot of land
With developers looking to build worlds in the Lunacia game, a rising feature in Axie Infinity is the ability to invest in various NFT plots of land that populate the world. This plot of land will act as a home or operational base for the players’ Axies, which they can customize to their liking.
Landowners can customize their plots of land to generate profitable resources for them, fight the monsters in them, host shops and other buildings, and become access points for different dungeons.
Like the original land, Lunacia’s plots can also be rented out to other players or sold when their value increases. Alliances with other players can also be created to combine your plots of land, collect rare resources, and create guilds.
This new feature is still in its early stages, with the developer having lots of exciting plans for the future. With the release of Lunacia SDK planned in the upcoming phase, independent developers and players can create their own games and host these games on their plots of land.
5. Staking AXS tokens
Axie Infinity Shard (AXS) is one of the tokens in the game Axie Infinity. Apart from being used as a currency and as a governance token, AXS can also be immediately used by players to stake to claim rewards.
Simply put, staking means locking up your AXS token to support the operation of the Axie Infinity blockchain network and receiving newly issued AXS in return. With the recent surge in revenue by Axie Infinity in recent months and the value of AXS experiencing a rapid rise, staking your AXS token gives you a share of the success. AXS betting gives you another channel for passive income.
This list is not an exhaustive list, and there are many more ways that players can benefit from playing Axie Infinity, both actively and passively. With so many exciting developments in the future, there will definitely be more ways for you to earn money while having fun with your Axies.
That’s how to make money in Axie Infinity Game. I hope this article helped you! Thank you for visiting and don’t forget if you find this article useful, please share it with your friends too.
