The kind of wave that is presently ongoing on play-to-earn games is far and beyond imagination. And the axie infinity game stands atop all of that revolution and maturation of blockchain games in this decade. Moreover, the recent developments in the decentralization of the cryptocurrency ecosystem made the mechanism something of immense importance. Meanwhile, the number of people depending on this system is fast increasing.
In other words, as the number of new NFT owners is increasing, the collectibles are becoming more and more scarce and limited to get. As a result, the fixed assets are rising in value while the entire cryptocurrency community is growing in interest and demand. On the other hand, the increasing importance also makes the system look more like a “buy and earn” than “play to earn” for axie infinity game and NFT games.
The Uniqueness of the Axie Infinity Community
In a decentralized blockchain technology system for play-to-earn games, the players are granted the opportunity to influence the direction of their investments. The process may include creating new content, including the NFTs, evangelizing the progress, and creating positive environments within the community. These improvements already symbolize a complete turn from the traditional ecosystem but are still not as straightforward as in the case of P2E games.
As for axie infinity game, the community alpha introduced the play-to-earn (P2E) mechanic by adding two simultaneous changes.
- The first was an introduction of SLPs, a type of Love Potions required to breed the players’ Axies. As a result, it can increase the breeding difficulty that players can face, such as difficulty with mining.
- The second change is the earning of Love Portions that comes from play axie infinity game.
Below are some of the interesting behaviors that have been developed from the above changes
- Axie Infinity players can now begin to introduce their real-world friends and family to the game to earn more SLPs.
- A community of Uniswap pools for SLP is set up. From there, the players can view the game contract and gain access to the Uniswap SLP market
One huge benefit is that players who earn a small SLP can easily trade them for ETH coins. This possibility also shows a passive income stream to the game investors, who can now freely interact with the game for profits.
Significance of Axie Infinity and Defi as an NFT Games
In the early process of NFT gaming technology, there are particular implications that axie infinity game and Defi have on overall development. Let us consider a few of them
- Now, the NFT game players have the privilege of liquidating the tokens they earn from the time and effort input into the game. As a result, the benefit of the “peer-to-contract” liquidity is that NFT owners can easily capture them. On the other hand, the peer-to-contract systems like Compound, Uniswap, and MakerDAO are behind the massive growth of Defi. Also, this growth is beneficial in that it can have a substantial impact on the user-facing Dapps.
- In addition, the development has also led to the provision of more compelling answers on the benefits that are available from building a decentralized game. Moreover, there are a plethora of functionalities that come with NFT games that are clearly beyond the reach of traditional games. One can also get hooked up with the “money legos” in games like UNiswap.
- The games and their user-facing applications are also growing in usability to become an onboarding mechanism for the Defi. Also, the accumulation of the Defi space means that the applications can continue to increase by providing much more entertainment to the players. It also supports practical applications through the available distribution channels.
What is the future of Play-to-Earn Games?
The fantastic thing about playing to earn games familiar to Axie Infinity and Defi is the amount of fun that players can get. Moreover, while playing, experiments show that play-to-earn games possess mechanics that are here to stay. Similarly, the gamers and stakeholders within the community are passionate about taking things further than they have ever been.
Furthermore, when hosting competitive tournaments in this game, having tokens as the reward, they are rewarded for skilled gameplay. Moreover, the source …