The main mechanics for Axie Infinity include breeding, fighting, and collecting (and trading) Axies.īreeding Axies is the first step to playing Axie Infinity.
Just like Cryptokitties, Axie Infinity has a procedurally generated list of “crypto creatures” that are bred and then traded at the players’ will. In particular, you should be aware of Cryptokitties, one of the first blockchain-based games and was very popular when it launched. To understand better what Axie Infinity is, it’s important to be familiar with the general concepts behind blockchain-based games. What is Axie Infinity?Īxe Infinity is a Blockchain-based game that incorporates the collection and battle of fantasy creatures called Axies.
However, that's somewhat balanced out by the fact that buyers don't pay a fee.Disclaimer: This article is not financial advice.
Axie infinity reviews full#
If there's no creator code, then the Community Treasury receives the full 5.25%.Ĭompared to other NFT marketplaces, the Axie Infinity Marketplace is expensive for sellers. Of that fee amount, 4.25% is sent to the Community Treasury, and 1% is shared with the NFT's creator if there's a creator code. The Axie Marketplace fee is 5.25%, and it's paid by the seller. You can purchase Ethereum on most of the top cryptocurrency exchanges. Payment methodsĮthereum is the only payment method accepted on the Axie Infinity Marketplace. There are other ways to get Ethereum in your Ronin Wallet without using MetaMask, but they're unavailable to U.S. Once you have MetaMask, you can use Ronin Bridge to deposit Ethereum to Ronin Wallet. You'll also need MetaMask so you can transfer Ethereum to your Ronin Wallet, since Ethereum is required to make purchases with Axie Infinity.
Axie infinity reviews download#
You need to download it to make transactions on the platform. Ronin Wallet is the only supported wallet on the Axie Infinity Marketplace. It also uses a sidechain called Ronin to process transactions more quickly and minimize transaction fees. The Axie Infinity Marketplace is built on the Ethereum blockchain. You can also breed your Axies to create a new one. You need to have at least three Axies to play Axie Infinity.įrom your inventory, you can sell any of your NFTs on the marketplace. These include Axies, which are the game's creatures, digital land, items, and bundles of multiple items. On the Axie Infinity Marketplace, you can buy and sell gaming NFTs to use in Axie Infinity. Here's a look at the services it offers and how it works.
The Axie Infinity Marketplace is designed around the Axie Infinity game and the NFTs it uses. Keep in mind there are gas fees for depositing Ethereum to your Ronin Wallet, which is required to use this platform.
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You can purchase NFTs free of charge, which is rare on NFT marketplaces. The Axie Infinity Marketplace doesn't charge buyers a fee. This type of arrangement is called a Scholarship. Others invest in Axies and let other players rent them out in return for a cut of their earnings. Some players buy Axies and play the game themselves to earn crypto. This gives you another way to make money by investing in NFTs, as selling them isn't the only way to make a profit. Players earn cryptocurrency through in-game rewards. One of the reasons people have been drawn to Axie Infinity is because it's a play-to-earn crypto game. Can earn cryptocurrency through Axie Infinity If you want to sell any of your inventory, you can do so either at a fixed price or through an auction. NFTs you buy on the Axie Infinity Marketplace are added to your inventory. The marketplace also offers land in the game world and items. You can use these creatures to battle, explore the game area, and breed to create new Axies. It offers hundreds of thousands of Axies, which are digital pets that have different attributes and rarity. The Axie Infinity Marketplace is a specialized marketplace with NFTs for the popular Axie Infinity game.