{"id":362125,"date":"2021-11-04T00:05:00","date_gmt":"2021-11-03T21:05:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/monster-battle-nft-game-axie-infinity-soars-in-popularity-among-developing-nations\/"},"modified":"2021-11-04T00:05:00","modified_gmt":"2021-11-03T21:05:00","slug":"monster-battle-nft-game-axie-infinity-soars-in-popularity-among-developing-nations","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/monster-battle-nft-game-axie-infinity-soars-in-popularity-among-developing-nations\/","title":{"rendered":"# Monster-battle NFT game Axie Infinity soars in popularity among developing nations"},"content":{"rendered":"<p>&#8220;<strong># Monster-battle NFT <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a> Axie Infinity soars in popularity among developing nations <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvMzMzM2VlODUtMGU1YS00Y2VjLTlhMTktY2Y5YmRhMGMwNmI1LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>It&#8217;s no secret that video-game streaming platforms, such as Twitch, have made it possible for players to earn money by broadcasting their gaming experience to an audience of gaming enthusiasts. But now, the tokenomics of blockchain-powered digital games like Axie Infinity have made it possible for users to make money by simply playing the game. At the\u00a0time of publication, Axie Infinity <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/activeplayer.io\/axie-infinity\/\">has<\/a> over 360,000 concurrent players.<\/p>\n<p>Based on data from ActivePlayer.io, while the United States\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/activeplayer.io\/axie-infinity\/\">ranks<\/a> third in terms of active Axie Infinity players, all other countries on the list are developing nations. An estimated 40% of players are based in the Philippines, alone. According to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> user, Saharan-sub, Axie Infinity players in Ghana can make <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately 854 to 2,562 Ghanaian cedis per month ($140 to $420), which is several times higher than the country&#8217;s minimum wage.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I&#8217;ve been tracking the income of my Ghanaian players over the past 4 months and this is the average income per month of them playing <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/AxieInfinity?src=hash&amp;ref_src=twsrc%5Etfw\">#AxieInfinity<\/a>.<br \/>I don&#8217;t know about ending world hunger, but play-2-earn has proven to be an extra stream of income.<br \/>_<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/AxieAfrica?src=hash&amp;ref_src=twsrc%5Etfw\">#AxieAfrica<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24MC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MC<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#crypto<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24axs&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$axs<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/6mjniAUrdA\">https:\/\/t.co\/6mjniAUrdA<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/V3wkJRIdt0\">pic.twitter.com\/V3wkJRIdt0<\/a><\/p>\n<p>\u2014 Saharan-sub   (@godwin_france) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/godwin_france\/status\/1455873218175242243?ref_src=twsrc%5Etfw\">November 3, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Axie Infinity was created by Vietnamese video game developer Sky Mavis in 2018. The game contains creatures called &#8220;Axies&#8221; that players collect and use to duel other players and enemies. Every Axie is a nonfungible token, or NFT, minted on the Ethereum blockchain.<\/p>\n<p>One prominent way to earn money is to buy and sell Axies on the marketplace. Axies come in different rarity types, with varying strengths and attributes. Most Axies have very weak statistics, but a select few are very strong, created through trial-and-error breeding. These are the most sought-after. Each Axie can only be <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/whitepaper.axieinfinity.com\/gameplay\/breeding\">bred<\/a> a set number of times for population control, thereby creating scarcity.<\/p>\n<p>There are three digital currencies required for breeding Axies: the Smooth Love Potion (SLP), the Axie Infinity Shard (AXS), and Ethereum (ETH), which is used for gas fees. Game insights from Chill Axie <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.chillaxie.com\/breeding-costs\">listed<\/a> the requirements for breeding a rare top-tier Axie as 10,200 SLPs ($683.90), 1 AXS ($137.81), and 0.1813 ETH ($823.30), for a total cost of $1,645.01.<\/p>\n<p>Marketplace data <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/marketplace.axieinfinity.com\/\">suggests<\/a> that over 2 million Axies were bought and sold in the past few months \u2014 amounting to 140,956.7 ETH ($639.5 million). The record for the most expensive Axie ever sold was achieved the year prior for 300 ETH, which amounts to $1.375 million now.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\u2728A new record! \u2728<\/p>\n<p>300 ETH for <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a>le mystic Axie, Angel!<\/p>\n<p>Mystic Axie overview <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/ZISLRJmJwl\">https:\/\/t.co\/ZISLRJmJwl<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/3FHx4a76xu\">pic.twitter.com\/3FHx4a76xu<\/a><\/p>\n<p>\u2014 Axie Infinity (@AxieInfinity) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AxieInfinity\/status\/1324744815146315776?ref_src=twsrc%5Etfw\">November 6, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>But the potential to earn income isn&#8217;t limited to buying and selling Axies. By completing daily quests, defeating monsters and besting other players in arenas, users can receive SLPs as rewards. One can then proceed to sell them on a cryptocurrency exchange. In July, leaked videos showed entire farms consisting of smartphones and other electronic devices dedicated to harvesting SLPs on Axie Infinity. Some players have rallied against these farms, referring to them as an abuse of the game&#8217;s play-to-earn ecosystem.<\/p>\n<p><iframe loading=\"lazy\" title=\"International News: Hackers Use bot to Automatically Farm SLP in Axie Infinity\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/ni8bt2_qCfc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><template data-name=\"subscription_form\" data-type=\"nifty_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/monster-battle-nft-game-axie-infinity-soars-in-popularity-among-developing-nations\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Monster-battle NFT game Axie Infinity soars in popularity among developing nations &#8221; It&#8217;s no secret that video-game streaming platforms, such as Twitch, have made it possible for players to earn money by broadcasting their gaming experience to an audience of gaming enthusiasts. But now, the tokenomics of blockchain-powered digital games like Axie Infinity have&#8230;<\/p>\n","protected":false},"author":1,"featured_media":362126,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvMzMzM2VlODUtMGU1YS00Y2VjLTlhMTktY2Y5YmRhMGMwNmI1LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74894,91083,110404,74863,74868,95118,71290,80,4965],"class_list":["post-362125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-blockchain","tag-blockchain-game","tag-cointelegraph-nft","tag-cryptocurrencies","tag-defi","tag-nft","tag-economics","tag-games","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/362125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=362125"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/362125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/362126"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=362125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=362125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=362125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}