Play2Earn game mechanics, have allowed Axie Scholarships to provide competitive teams at US$145 and have this paid back in under 1.5 months. Note:These figures can vary depending on team size and team selection To go deeper into #Play2Earn I highly recommend reading this article from Cointelegraph.Īxie Scholar Average Earnings (avg): SLP 5,000/month (US$100/month) Hours per month (avg): 84hrs / month Competitive Team Cost: ETH0.2 (US$145) Play2Earn has a strong value element that goes to the player, traditional games accrue value only to the game company”īlockchain has revolutionized the gaming industry by bringing completely novel economic design concepts that empower the players!īlockchain-based token economies can now be ‘deflationary’ and value can be transferred to the player so they can earn from playing, invest in assets in the game and can participate in the governance of the game’s economy. “Games are inflationary by design with no scarcity and no regard to the economy. Players and investors can participate in the game’s internal economy and contribute to its governanceĬiting Yat Siu, Co-Founder of Animoca Brands: Players and investors can own in-game digital assets (characters, battle items, land) that are tradable both in and outside the game Players can earn in-game currencies in return for that can be spent both in and outside of the game Play2Earn brings about new forms of game monetization and game ownership that stem from new purpose-built token economies that empower the player! We’re at a paradigm shift where earning from playing computer games has evolved and this next evolution is called #Play2Earn. Why do Axie Scholarships take on the risk and see value in offering these Scholarship Programs. Farming in Axie can also be seen as part-time work, communities can make this work fun and entertaining. Axie already has players speaking 19 languages including French, German, Spanish, Tagalog, Bahasa, Arabic, Turkish, Greek and Axie Scholarships are borderless, spanning the globe and covering different geographies.īuilding supportive community is also important for motivation and direction. Something as simple as language focus of a scholarship program could unify communities. With the emergence of landplay in the future it won’t be long till we see micro communities turn into clans or guilds with a common purpose. This might sound strange as all new users are ultimately part of the overarching Axie Community however building bonds and bridges within micro communities is also key within MMORPG games and Axie is no different. Updates like the recent “energy limitation” released in November 2020 have direct impacts on players and need to be evaluated and communicated. Axie Scholarships, which are usually run by experienced community members help follow in-game developments and translate these to New Users. Understanding the consequences of game updates can be complex. Axie Scholarships follow game mechanics like a hawkĪs a game that is still in Alpha game updates happen fast and can results in changes in game mechanics. If you’re new to Axie Infinity, the learning curve is fairly steep and if you’re new to crypto the learning curve is even steeper.ģ. Even understanding good and bad times to participate in the Axie marketplace requires some background, especially as its priced in ETH. Typical scholar questions relate to the 2 in-game tokens $AXS and $SLP, how to use Metamask for sending/receiving transactions. When most mobile games are FREE to download and most console games are only priced around the $50–60 mark, asking anyone to pay $145 to play a game is quite an ask for those who do not understand its value or simply want to try farming on a trial basis.Īxie Scholarships add value by taking on the investment of the team purchase and accepting the risk that these assets or the game itself might one day go to zero.Īxie Scholarships act as a landing pad for learning how the flow of Axie works - from onboarding, SLP farming and cashing out, to battle mechanics and upcoming developments.Īs a blockchain game, Axie uses a number of crypto native features and tools that non-crypto users will not be familiar with.
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