Axie is King -- Is Axie Infinity Worth The Starting Cost?

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(Edited)

Hello Hive, it's been a while since my last post. I am still actively gaming in the crypto world but my focus had switched to another game. My mind was completely blown by this game and it had completely changed my routine in crypto gaming. Heck, it had changed my understanding and definition on "play to earn".

The following paragraphs are going to sound like some bullshit Youtube gurus get rich scams, but what I said is genuine and true to my experience and others I have known from playing this game.

To put it simply, Axie Infinity is the king of play to earn and I have seen absolutely zero games that can reach its level of earning potential and ROI in the crypto gaming world as of now. I am sure there could be some others with great earning potential like Sorare, F1 Delta Time, and etc, but among all those I have played, Axie is king.




It changed my crypto gaming routine because it is too profitable for me to devote time to others. I have seen put the majority of my time on Axies and play other games more casually. I had "soft-quitted" others too, just so I can focus on Axies for now.

Profitability

So, the first question I am sure a lot of people will ask is the cost. Yes, indeed, Axie is one of the more expensive games to try out in the cryptosphere. I can't afford it even at a much lower price range 6 weeks ago, but I was lucky to meet some people on other crypto games and he offered me a scholarship.

An Axie scholarship means that another person (manager) sponsors a team of 3 axies to others (scholar). That allows me and other scholars to grind and earn rewards with no upfront investment. Instead, I will split my earnings with him at an agreed upon ratio. It's like a partnership where one does the work and another pays the money. If you are a Splinterlands player, you would probably know about the scholarships from YGG in recent weeks. It's the same concept and YGG is probably the biggest guild in Axie with like 1,500+ scholars as of now. So, I got a scholarship and I don't need the 0.4 or so ETH to start. Side Note: The starting budget has since go upward to about 0.65 ETH as of the time I wrote this.

The next question you might ask is...how's the earning? You did tell me Axie is king. Say I have invested 0.65 ETH into the game, what's the ROI? And how consistent it is to get that back? I had a generous boss and had more resources than a regular scholar could get, so my earning was much better than a regular scholar, but let's go with the bare minimum. Any player who is willing to put in enough time will earn 150 Smooth Love Potion a day. An SLP is currently worth 0.00011110 ETH or 0.233 USD as I type this out, so 150 a day nets you a minimum return of 0.016665 ETH or 34.95 USD per day.

I have played no other crypto game that provides me with a consistent 34.95 USD per day. I am happy to try others if anyone else can provide me with another game they played with this amount of "play-to-earnability". Thus, at a bare minimum, you will get back your 0.65 ETH in 40 days and that's just for solely playing the game and not working the market or breeding, which can be even more profitable.

Of course, these calculations were based on the recent price after a huge spike -- but Axie Infinity has always been profitable. Last December, an Axie was $70 USD and an SLP was around $0.03+ USD. 4.5 USD per day isn't too shabby for a $70 USD investment either.



If you have not heard the news, a lot of Philippines and South Americans are playing Axies, either with their own teams or (more likely) as scholars. The income they earned from this game is more than the average salary of their country -- and with lesser working hours too. Many have since worked this as a side job to supplement their income.

I am from Malaysia and this has been true to me as well. With the SLP price back in April-May ($0.08+- after the Binance launch), a minimum earner can get around RM2,400+-. A scholar with an average split of 50-60% will get around RM1,200-RM1,440. The minimum salary of Malaysia is RM1,200. So, a game that I need to play around 2 hours a day is earning like an 8 hours full-time job, cool.

With the current rate, oh boy it's insane:

ohboy.png

This is a tracker/KPI tool used by the manager to check on their scholar. As you can see, my average (and that's before I play that day) earning is 362 SLP, which at the moment is almost RM1 of my place. A bare minimum of 150 SLP for 30 days is RM4,500, which is almost the average salary of a chartered accountant. Shit, in my state, that's a salary attainable only after 10+ years of work or in the highly paid industries.

Gameplay

Okay. After getting the profitability out of the way, you might wonder: if it's fun to play? Of course, not everyone is going to like it but to me, its gameplay is pretty solid among all the crypto games out there. Let's be honest here, some "crypto games" aren't really games, they are just "crypto thing" with minimal gameplay tagged in and marketed as "game". It's like you are just putting random stuff between two pieces of bread and call it a sandwich. Technically, all of them are sandwiches, but not all of them are tasty. Axie is as tasty as BLT.

axiereplay.png

If you enjoy PVE gameplay, then Axie will disappoint you at the current alpha state - lands are coming on Q4 this year, so you might be in for a treat then (assuming no delay) - but if you are a fan of PVP, oh man you are in for a treat. Axie has a system that's like a mix of turn-based card games and Pokemon battles. Every Axies have four skills (like Pokemon) but you have to draw the cards to play them. There are energies, type resistance/weakness, and all kind of team composition to try out and learn. If you enjoy any sort of 1v1 PVP game, from Street Fighter to Gods Unchained, give Axies a try.

axiebreeding.png

But Axies is not just about battling. Breeding can also be very fun for many players, and that's not just due to the earning potential (even though I am sure it's a big part of the motivation), but "trying to breed a perfect Axie" is also a gameplay of its own. It can be as addicting as opening cards in all the mobile gacha games. The genetic and breeding system will take a long time to explain, but essentially, you are trying to inherit the genes you want and it's all about taking chances. If you have read my previous article about sport simulation games, you know I love horse racing games and breeding is a huge part of the enjoyment there. Trying to breed the next big thing in the horse racing world is a never-ending thrill. Axie breeding isn't as unpredictable as that, but it feeds into the same desire.


And that's for a game that is still in alpha. There are so much more to come for Axies and you should try to get it early if you have even just a tiny smidge of interest. Things could get even higher in price in the future.


Credit to IconArchive for the 24x24 link image.

All uncredited images are screenshotted by myself.

And thanks for reading!


Interested in crypto gaming? Here's the list of games I have dabbled in:

Axie Infinity
(ETH - Get a little bit of Pokemon and Monster Rancher in this pet breeding and battling game)
Neon District
(ETH - Can you thrive in a dystopian cyberpunk world in this turn-based RPG?)
Splinterland
(HIVE - Collect monster cards and duke it out in this fantasy card battler.)
Rabona
(HIVE - Hattrick in cryptospace? You got it, Football Manager!)
Exode
(HIVE - Ambitious space colonization simulation game, a game for the gamers with indepth gameplay.)
Rising Star
(HIVE - An idle game where you try to become the brightest star in the music world. Don't miss it if you are an indie musician looking for exposure!)
Holybread
(HIVE - A casual idle RPG to scratch your fantasy itch with minimal time investment)
Alien World
(WAX - It's now just a mining simulator, but mores are coming in this sci-fi universe)
RPlanets
(WAX - Stake your WAX NFTs for rewards and invent new elements!)



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12 comments
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This is some really cool and simple review of Axie. So wait, you can play it on mobile? How do y’all connect to metamask? Or no need?

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(Edited)

You can play on mobile but the iOS slots are limited and full (10,000 in total). So, iOS is not available at the moment. Android is fully available.

They have their own sidechain known as Ronin. You will have to move your stuff from your metamask your Ronin wallet, and vice versa, through the Bridge. If you look at the etherscan's gas tracker, Ronin Bridge is usually top 5 in gas consumption, that's just how crazy this game is at the moment. It's just one game yet they are burning gas at the same rate as the likes of Uniswap and etc.

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Damn. And people are playing it so much, do you think the hype is sustainable? Do you think the network will be capable of handling all the traffic? Users? Or it risks turning out like kryptokitties back in the day? I saw this info from their official account few days ago

AB872993-594E-40B9-A275-1340DDACF256.png
Or perhaps this is all because the game is in alpha

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These are some hard questions to answer as I am not the best when it comes to crypto or financial analysis. I am more of a gamer myself who ventures into the cryptospace with play to earn in mind. 😅

I think the hype will stay as long as the project is profitable, but I truly wonder if it is truly sustainable in the long term with how crazy the game-related tokens, AXS and SLP, are spiking up in the last few days.

They admitted that the server is overloaded weeks ago. They said server upgrade is in progress...and then there's no update until now. The stable is unstable and connection errors are common in the past few weeks. They were also under DDos attacks for several times for...I don't know, people trying to cut the hype?

I don't have a lot of knowledge about kryptokitties. I assume it went hot for a bit and then slowed down and couldn't go back to its glory? I started following Axie since last December and their Axies and SLP are just going up in price with no sign of going down. Axie was $70 and SLP was $0.03 by then. Binance release on April brought the figure to $100 and $0.08. And the recent surge was due to the opening of Ronin and eliminating gas fee. Land gameplay was scheduled for release on Q4 this year and they are also developing battle v2. That's the two "main features" in development. I guess they could keep being hot if both are well done.

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Alright thanks for this explanation...I think I have my answers,

Cryptokitties was the new game on the block that time, but due to the rush for the game, it started to congest ETH chain, gas fees spiked and I think it had to be discontinued.

Since the Ronin bridge eliminates gas fees then I guess that’s a good thing. So if the game improves its scalability and they keep developing new features then I think the hype will continue for a while as it seems people really like the game.

How do you find sponsors?

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(Edited)

I assume by sponsor you means scholarship. It's tough to land one due to the game having a lot of people wanting to come in (and not have the budget for it) and too little boss to support them. Like a 10 slots scholarship can have 1,500 applicants. Just saying this early so you know about the situation.

There are a lot of scholarship recruiting on many social medias or on the official Discord server. There's a dedicated subreddit on Reddit(r/AxieScholarships), a lot of groups on Facebooks, and so on. Just google "axie scholarship" and you will find a lot of teams expanding their scholar counts. That's the way to find scholarship if you don't have any connection to anyone.

If you have friends or whatever who plays, you can also approach them and ask for them to open a scholarship team for you. I call this "private scholarship". It's less competitive than public scholarship but you will have to know people.

On an unrelated topic, I see cryptokitties is still there as of now, but I assume it's on a steady decline?

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This game literally hit the roof and it keeps growing. I am going to stay away for now but this is definitely one I would like to get in if we see prices going down at some point.

I am sticking with Gods Unchained for now. One of the best polished Blockchain Game out there 😉

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Funnily, I made a completely opposite decision than yours. I was a dedicated GU player on the weekends and now I am taking a hiatus from it. Granted that's partially because I didn't enjoy the current meta with my self-earned decks (I was F2P2E) and I don't really want to invest a lot on the cards to get the current tier 1 decks. With the immutable marketplace in place now, the amount of players having all the tier 1 decks are higher and I just can't compete well enough.

I look forward to the next expansion though.

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I agree with you that it is hard to get into the best spot without some of the cards. I do have some very good genesis but I still miss a lot to be able to get into the 17-18 wins per weekend.
I am eager to have some kind of random deck making every weekend. To add some kind of luck and skill

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