Axie Infinity Veers Filipino Gaming Trend in 2021 30 Facts!

Axie Infinity Veers Filipino Gaming Trend in 2021 – 30 Facts!

Probably the most expensive game during this pandemic

What is Axie Infinity? A digital nation or a cyber ecosystem where the player can build, battle and earn. Axie is the main character the user or player needs to breed and use in the game. (https://axieinfinity.com/)
How to play Axie Infinity? Step 1. Download a digital wallet like: Metamask and load it with ETH or Ethereum, coinbase, binance or coins.ph (local coin in your country) 2. Download Ronin Wallet where you can deposit your ETH or Ethereum. 3. Buy at least 3 Axies 4. Be sure to be able to access Metamask to check and confirm transaction. (Video tutorial here: https://youtu.be/xKgV4V0aq7M
Why is Axie Infinity popular now? Monster-battle NFT game Axie Infinity soars in popularity among developing nations. One way to earn money on the platform is to breed in-game creatures called Axies using crypto, mint them as NFTs, and sell them to other players. … An estimated 40% of players are based in the Philippines, alone.
What is NFT stands for and how is it related to the game Axie Infinity? NFT means Non Fungible Token and it’s the kind of currency used in Axie Infinity and they call it the SLP or the Smooth Love Potion
What is SLP or Smooth Love Potion in Axie Infinity? SLP is the in-game currency of Axie Infinity. Players can earn SLP within Axie Infinity itself just by playing the game. These include in-game activities such as completing daily quests, battling in-game enemies through adventure mode, or taking part in arena battles against other players. (Source: google) When people say currency, it means money in the real world however in Axie Infinity, the money used is called SLP and they can actually cash it out in the country where the player is residing.
How does Axie SLP (Smooth Love Potion) work? SLP can be used within the game to breed new Axies, and earned by playing the game, especially by winning battles. SLP is an uncapped utility token, that is to say its supply grows as more players join the game. The token is needed to breed Axies, a major avenue to earn from playing the game.
Is SLP or Smooth Love Potion a good investment? If you are looking for virtual currencies with good return, SLP can be a profitable investment option. Small Love Potion price equal to 0.0319 USD at 2021-12-26. … With a 5-year investment, the revenue is expected to be around +1003.45%. Your current $100 investment may be up to $1103.45 in 2026.
How much is SLP in Axie Infinity today December 28, 2021? The SLP to PHP conversion rate today is ₱1.58 and has increased by 0.65% in the last 24 hours. (Also check here: www.coingecko.com)
Why is Axie Infinity famous in the Philippines? Axie Infinity reportedly become a way for people in the Philippines to earn money after losing their jobs during the COVID-19 pandemic. The NFT-based game works on the play-to-earn model, which means players can convert their tokens in real-life money and provide for their families.
How much can a Filipino earn from playing? The Philippines has a love affair with Axie Infinity and it’s easy to see why. The popular blockchain game lets you play away the hours, but instead of wasting time, you’re making money. You are paid in cryptocurrency and often between Php 20,000 and 50,000 a month.
How much is Axie Infinity in the Philippines? Depending on their stats and abilities, Axies can range in price anywhere from 0.035 ETH (around Php6,500/$130) up to 300 ETH (around $1.1 million as of writing), the most expensive Axie ever sold back in late 2020.
Where does Axie money come from? Axie Infinity makes money by charging 4.25 percent for transactions taking place on its own marketplace. The fee itself is paid by the seller after a transaction goes through. Players can purchase and sell Axies, land, items, as well as bundles. In short, from the beginning, the player has to have a wallet and buy cryptocurrency. It’s just actually the same with the old fashion games only now, there is this actual way to cash out the coins which Mario Brothers didn’t have a chance.
When did Axie start in the Philippines? From its founding in 2018 to July 1 this year, Axie Infinity brought in just $21 million in revenue for its developer Sky Mavis, according to Bloomberg. Read: https://www.bloomberg.com/news/articles/2021-08-25/axie-infinity-how-game-is-turning-pandemic-jobless-into-crypto-nft-traders
Will this Axie game last? Axie Infinity will not last due to the necessity of onboarding new players at an exponential rate to keep the play-to-earn model profitable enough. It’s like a networking marketing strategy in the real world if we come to really think of it.
Where did the idea of Axie game come from? According to many results on google searches, this Axie is based on or much similar to the idea of the pokemon game. Also read: https://en.wikipedia.org/wiki/Axie_Infinity
CNN Philippines featured this hot Axie featuring stories of Filipinos benefiting from the game. https://www.cnnphilippines.com/life/culture/tech/2021/11/9/axie-infinity-play-to-earn-philippines.html
This Axie game is considered as a gambling game.
This Axie new game setter is made by Sky Mavis or the Vietnamese Unicorn with the sky rocketing success of their game using cryptocurrency.
By playing this game, the user can also buy a virtual land which is also a trend now with another NFT app. Check: https://cardozoaelj.com/2021/04/12/bitclout-decentralized-social-media-or-nfts-for-celebrities/
There is indeed an encyclopedia for axies! https://marketplace.axieinfinity.com/axie/?sort=IdDesc&auctionTypes=Sale
Facebook Philippines has quite a number of groups promoting this Axies game with posts looking for scholars and managers. See: https://www.facebook.com/groups/1687605794674908
Filipino players of this Axie game seem to benefit from it and use GCash for relevant transactions.
There are all star games or tournaments in the Philippines for Axie. Check here: https://www.facebook.com/moymoypalaboyofficial/videos/307547017960388
Can you play Axie without spending money? You can either breed or battle other teams in Arena. If you decide to breed, you will need to spend $AXS (Axie Infinity Shards) and $SLP (Smooth Love Potion). Each Axie is considered a non-fungible token or NFT. The biggest factor here in order to earn as much SLP as you can is to have the right team of Axies.
The NFT game that allows Filipinos to earn even cents! Read: https://www.coindesk.com/markets/2020/08/26/the-nft-game-that-makes-cents-for-filipinos-during-covid/
What is AXS? The main token, Axie Infinity Shards (AXS), can be bought and sold on exchanges like Coinbase. You need some AXS to play the game, but you can also trade AXS like Bitcoin or Dogecoin or any other major crypto.
John Aaron Ramos, the most successful Axie player in the Philippines that many Filipinos aspire to be like him. https://restofworld.org/2021/axie-players-are-facing-taxes/
Many Filipinos are into Axies to earn. Binance is one way to be able to exchange cryptocurrency into Philippine Peso. https://businessmirror.com.ph/2021/10/22/axie-infinity-cryptocurrency-in-the-philippines/
The axie monsters look cute. This is perhaps the reason why it attracts young players.
Is is too late to invest in Axie? With the recent price, it’s quite late but if you have a long vision and you believe in the developers ability, you can always try. But again, it’s pretty expensive to have an axie now.

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