AXIE INFINITY Use Cases, Differentiators, and Competitors

AXIE INFINITY Use Cases, Differentiators, and Competitors

Axie Infinity Use Cases: Most profitable NFT game in recent times. Use cases, differentiators, and competitors of Axie Infinity. Read on.


Axie Infinity is a blockchain-based game where players can fight, collect, and build digital empires for their pets. The game is like Pokémon and Tamagotchi in that it uses non-Fungible tokens (NFTs) to represent unique creatures, abilities, land plots, and other in-game assets. This coin has established itself as a leader in non-fungible token (NFT) gaming, where the AXIE creature is represented by the NFT in the game. This game works on a play-to-earn business model where a player can start this game for free and then get paid to add new features and content.

Use Cases of the Axie Infinity Token (AXS)

  • Axie Infinity Shards (AXS) and Small Love Potion (SLP) are the two in-game currencies that are key to the Axie Play-to-Earn environment, and cryptocurrency investors can trade AXS and SLP in various exchanges.
  • There is no age-verification process to play this game, but this game is rated as 18+. When you sign up for a crypto wallet to trade it, eligibility is 18+.
  • There was a risk of a fall in the price of this Token during Covid-19. But in the Philippines, many workers turned to the game as a source of income. This drove demand for the Token and it rose from $2 to around $160.
  • Axie Infinity has around 0.74 million gamers worldwide. It has become famous as a play-to-earn game that allows gamers in developing countries like the Philippines, Vietnam, and Brazil to earn real money.

Competitors OF AXIE INFINITY

Each Axie is a unique crypto or digital token that is secured on the Ethereum blockchain network.

  • ZED RUN – ZED RUN is a digital horse racing game also built on the Ethereum blockchain. Z Run allows you to breed, buy and sell digital horses by producing NFT horses, often referred to as “Breathing NFTs”.
  • CRYPTOKITTIES: – It is also an NFT game that started in 2017 and is still going strong today. The focus of the game is on collecting and breeding digital kittens. Depending on the rarity and quality of the cats you get, you may be able to sell them for absurdly high rates.
  • SORARE: – Sorare is a fantasy soccer game. Where you can trade tokenized players’ cards in the Ethereum network. You can resell these cards as digital or crypto collectibles.

These are some of AXIE Infinity’s strongest competitors. Apart from these Godschen, F1delta Time, Splinter Lands, Lost Relaxes, The Six Dragons, etc.

HOW is AXIE INFINITY DIFFERENT FROM OTHERS?

AXIE Infinity uses blockchain economic design to reward its players for their great performance.

  • While other blockchain games – such as Evolution Land and Gods Unchained – have a niche-specific market, Axie Infinity has attracted people of different age groups from around the world.
  • The developers claim that their game presented people with a unique income stream during the pandemic. Many Axie Infinity players are older generations who were unfamiliar with blockchain technology before they started playing the game.
  • The popularity of Pokémon Go is comparable to Axie Infinity, from which it drew its inspiration. Nevertheless, it has given gaming an economic importance that other games have yet to achieve.

DIFFERENCE BETWEEN AXIE INFINITY & AXIE INFINITY SHARDS

  • AXIE Infinity Shards (AXS) is an ERC20 governance token for the Axie Universe, introduced by AXIE INFINTY in early 2021. It became the first game operated and owned by its player.
  • AXS holders can stake their tokens, participate in governance votes, and play games. The developers claim that the Axie Infinity Shards will help accomplish the following goals:
  • Reward players for their interactions with the game, and encourage them to keep their tokens to win more rewards. Decentralize governance and ownership of the game

ELEMENTS OF AXIE INFINITY

With different features, there are 9 classes of virtual pets in this game.

Plant, dawn, bird, Water, snake, Dusk, worm, Make, beast

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