Unlocking Wealth in the Digital World: A Comprehensive Guide to Earning with Axie Infinity (AXS) (2024)

FAQs

Does Axie Infinity pay real money? ›

As one of the pioneers of the play-to-earn (P2E) model, Axie Infinity lets you earn real money by playing the game.

Once you acquire Axies from the Axie marketplace, you can breed the Axie creatures to sell them for a profit. However, it is important to note that breeding Axies is not free and one needs to pay AXS and SLP tokens as fees. Players can breed two Axies to obtain a new Axie which is unique, pushing their market value up.

Withdrawal can be initiated inside the game by clicking the AXS/SLP amounts on top, then clicking the Withdraw button. The withdrawals will be reviewed, and will be available for claiming after approximately 3 days on the App. Axie Claim Tokens page. NOTE: Only AXS and SLP earned in-game can be withdrawn.

Right now, 1 Axie Infinity is worth about ₱260.13.

Axie Infinity was dealt another blow in March 2022 when hackers stole about $615 million in cryptocurrency from a blockchain network that lets users transfer crypto in and out of the game. While some Axie managers say their motives were philanthropic, other small investors were motivated by the potential gains.

Before, players can earn up to 100 SLP every day on Adventure mode. However, since the exponential growth of players, the Sky Mavis team had to rebalance the economy by halving the total amount of SLP that can be earned every day of players to 50 SLP in Adventure and 25 SLP for finishing the daily quest..

Players can earn AXS coins by playing various games in the Axie Infinity metaverse and participating in user-generated content projects.

Axie Infinity: Classic

Axies can also gain AXP from winning matches in Axie Classic. Just like in Origins, each axie has a cap on how much AXP they can gain from Classic per day. The AXP you can gain from Classic is capped at 12,500 AXP per day for each axie, shared between Arena, Cursed Coliseum, and Grand Tournament.

Enjoy selling Axie Infinity with transaction fees as low as 1% for bank transfers and 4.5% for cards. MoonPay customers can buy Axie Infinity and store it in any supported wallet, and later cash out AXS for fiat directly to their bank account.

Can you make money on Axie Infinity Homeland? ›

Earn up to 10,000 AXP/day per axie in Homeland. This daily cap will reset every 24 hours at 00:00 UTC. AXP is connected to specific axies, which means you'll need to assign your own NFT axies to your land plots through the NFT Axie Management menu in Homeland.

This means with the most basic team, it could cost $24 to play, alongside Axie gas fees. As such, you cannot start playing Axie Infinity without first purchasing a team of Axies. However, there are still a few things you can do to play Axie for free. How To Apply For An Axie Scholarship?

Lunacians now have the opportunity to release their Axies to live independently in Lunacia, and in return their Axies will send them back some exclusive gifts. Please note that once you send your Axie away, they're gone forever and cannot be used in battle!

The game has an in-game economy where players can buy, sell, and trade resources they earn in the game. Sky Mavis marketed the game with a play-to-earn model (also called "pay-to-play-to-earn" model) where after participants pay the starting costs, they can earn an Ethereum-based in-game cryptocurrency by playing.

Axie Infinity is an online game that implements blockchain and cryptocurrency concepts to incentivize gameplay. It uses a play-to-earn model where players buy monsters and play to earn non-fungible tokens, in-game currency, and Axie Infinity Shards (AXS).

At the lowest, some Axie are currently listed on the Marketplace for 0.003 ETH – just over $5. This means you could put together a starting team for under $100 if you only buy these NFTs.

The universe has a player-owned economy where players can truly own, buy, sell, and trade resources they earn in the game through skilled-gameplay and contributions to the ecosystem.