Enough to even support a family of three or four for a month.Did I mention It’s in The News?

  • Nikkei — Southeast Asians jumping on NFT bandwagon to boost incomes.
  • Yahoo Finance — Axie Infinity Gamers Spent $6.7M on NFTs Over Past Week — this is as of May 2021. The numbers have exponentially grown since.
  • Inquirer (leading news source in Philippines) — Axie Infinity — the NFT game that’s sweeping the Philippines.

Those are just few examples among the many. And it is getting more attention daily. In the Philippines, it has been featured several times in television news already. How crazy is that?

So, What is a Good Axie?

If you’ve played Pokemon, you’ll know that each Pokemon can have their own set of skills, and that the same Pokemon can have different skills. And the types of Pokemons always have strengths and weaknesses.


They should have high Health (or HP) and have good skills geared towards healing or defense.

  • Damager — the main damage dealer of the group. Typically, their HP and other stats will be just normal, but their skills are inclined towards dealing the most damage.
  • Support — provides support to the team.
    Like a healer, or skills that give “buffs” to team members (like granting them additional attack power, speed, or health). And the inverse is also true, as a debuffer they can slow down the enemy, poison them, and the like.
  • However, the current gameplay for Player Versus Player (PVP) is mostly seeing 1 Tanker and 2 Damagers.
    It’s also like a game of Rock Paper and Scissors. One defeats the other.

    you can build an entire team in just a little under $1000. Again, I know that it sounds like a scam. It took me three weeks of extensive reading before I finally realized that it’s the real deal of play-to-earn game models.

    To begin with, the pseudo play-to-earn game model has been around for a while now. People collected rare items in Massively Multiplayer Online Role-Playing Games (or MMORPG) like World of Warcraft and sold them for cash to the highest bidder.

    Some even peddle high level accounts in other games and sell them for thousands to tens of thousands of dollars.

    Think of that, only this time it is virtual pets and in-game points.

    How Axie Infinity Works

    There are currently two game modes: Player Versus Environment (PVE) and Player Versus Player (PVP).

    It is the same with Axie Infinity.

    In the game, there are 5 main stats:

    • Speed — determines the order of who gets to attack first.
    • Health — determines the health of your Axie.
    • Skill — determines how much bonus damage is added to your skills.
    • Morale — increases the chances of critical hits and last stands.
      • Last stand means when your Axie dies in battle, there’s a chance that they will still hold on to dear life and fight for a couple more rounds before finally saying goodbye.

    In game terms, there are 3 positions you should fill:

    • Tanker — this position will receive most damage to protect other team members.

    That part of the game is still in alpha testing.

    “Beneath the surface, there is this idea of community ownership of a game, being able to monetize your time and effort and skill to earn actual cryptocurrency rewards,” Zirlin said. “We are actually planning and purposefully designing the game around the real money economy. When you give users more ownership, more opportunities, a lot of really amazing behavior starts to emerge.
    They feel like they’re owners of the game.”

    Sky Mavis has 25 people now, mostly in Ho Chi Minh City in Vietnam, and it may double or triple its size in the coming year. Chief operating officer Aleksander Larsen is from Norwell, while Zirlin is based in the Maldives for the moment.

    “We bring together the East and the West in a nice way,” he said.

    In PVE, players need to defeat monsters on each stage, up to 36 stages. Each stage will give them Smooth Love Potion and experience to level up their Axies.

    Smooth Love Potion or SLP is the game’s “gold coins” so to speak.

    You can convert SLP into real money through cryptocurrency trading platforms like Binance.

    The other game mode, PVP, pits two actual players for battle. Whoever wins gets SLP.

    There is a Daily Quest that resets daily where you can earn 50 SLP as a bonus.

    You can get this free SLP by winning 5 times in PVP and 10 times in PVE. In PVE, you can earn up to a maximum of 100 SLP per day.

    Meaning, realistically, you can earn 150 SLP per day at the minimum.

    Honestly, it’s a fun game.

    It’s still too hard to get started with NFT games. Sky Mavis has built Ronin, an Ethereum sidechain to scale Axie Infinity and other digital nations moving forward.

    The company has also started hiring traditional game developers to make the game more fun.

    The company also plans to scale play-to-learn. As an NFT game grows its community, advertisers and sponsors will start injecting capital into these ecosystems, making them even more attractive to gamers, the company said.
    This means that NFT games will benefit from network effects in a way that games have never been able to before. The company believes that NFTs with utility and fun baked into them are an inevitable part of the future.

    Sky Mavis wants to build more fun experiences on top of Axie by upgrading its battle system, and it is also creating a new game mode via the land system.

    If everything turns out well, the typical return on investment is 2-3 months per team.Manager and Scholars

    That said, here are some key terms you should know:

    • Manager — refers to the owner of the teams. Someone who invests their money to buy Axies.
    • Scholar — they are the players who get paid to play the game on behalf of the Manager.

    Usually, Managers and Scholars split the plunder either 60-40 or 65-35, in favor of the scholar.

    So do the math and see how long it will take you to get your money back and start making profit.

    Managers tend to look for students or unemployed people in Southeast Asia, since $720 (60%) in many Southeast Asian countries is already a lot of money.

    A lot of people have been creating fake Metamask and Ronin, and once your transaction goes through, nothing will turn up in your real account.

    As of July 2021, there is no official mobile app for Ronin. There are also several fake addons/plugins, so be careful. Also, if you see Ronin on the Play Store or App Store, it’s a fake. MetaMask has both iOS and Android apps. I took these links directly from the Axie marketplace.

    Conclusion

    I know that it’s still too good to be true, but with the current trend, more and more play-to-earn games are popping up and soon they will become mainstream and might become the default too. Are we finally going to say goodbye to subscription games? We’ll see.

    Ethereum cryptocurrency network.

    “It’s really amazing to see mothers using blockchain,” he said. “We see grandmothers, aunts, and uncles. It’s people who aren’t likely to using blockchain. It’s funny that a game can actually lead to mainstream adoption.”

    Some players in the guild can afford more Axies, or the currency in the game, and they can lend them out to players who don’t can’t afford them.

    Those players can then use them to generate more Axies, and they will keep a large percentage of the tokens earned that way, and the rest goes to the guild.

    The guilds can also acquire land, and its players can build out their plots and then the whole guild benefits from the resources generated on that land.

    Next steps

    Above: Axie Infinity uses nonfungible tokens.

    The next steps involve lowering barriers to entry.

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