Axie Infinity is the most popular crypto game (at the time of this post) and you can purchase land in the game. What is really interesting is there are ways to earn money from the land you buy.
- You can actually rent your land out just like real estate in the real world.
- You can develop the land and sell it in the future (similar to flipping a home).
- You can produce resources (think of farming).
Keep reading and I’ll share what the point of Axie Infinity is, how much land costs, how to acquire land, the 8 resources that will be available on the land, and 7 ways to get the land.
Why are People Buying Fake Land in Axie Infinity?
Some people are buying digital land because they think it’s worth more than what they are paying for it.
What makes Axie Infinities world special and a better buy than something else like Decentraland? Decentraland is another virtual world and you can learn more about it HERE.
One reason is the popularity of the game Axie Infinity. It was launched in March 2018 and has around 2.5 million monthly users.
Another reason is shit is going to go down with the land. Resouces will spawn in nodes across the world that can be used to upgrade Axies and land. Landholders will have first rights to any resources that magically appear on their land.
What type of resources will appear on the land? Here are some ideas…
- SLP – You get from fighting monsters.
- Wood
- Stone
- Gold
- Herb
- Crystal
- Ore
- Goo
There is a lot of speculation on what these resources will do but they help land and Axies. Oh, and there might be something called blueprints that will drop in the game (probably used to build stuff).
What is the point of Axie Infinity?
In case you don’t know Axie Infinity is the most popular play-to-earn video game. In this game, you can purchase Axies (they are like little dolls or creatures) and you can take these creatures on quests and fight other creatures.
Some of these creatures can go for a lot of money!
With quests and battles, you can collect something called SLP or Smooth Love Potions. These SLP’s are tied to your account and you can actually sell them for real-world cash.
Another use of the SLP is you can use them to breed Axies to create more. Yes, you can then sell these creatures that you breed for cash.
The reason you have ownership and can sell SLP’s and Axies is due to everything being on the Ethereum blockchain.
This blockchain records all the transactions that make this possible. The challenge is you first have to purchase these Axies in order to start playing. These creatures can be expensive and I purchased my first 3 at around $800 dollars.
I do think the prices of these creatures have dropped since I purchased mine. This is good news if you want to get into the game (it’s cheaper).
There are some creative ways to get around this and I wrote a blog post about starting the game for Free HERE.
The game is planning on expanding into plots of land that will be released sometime in 2022 as an update.
What is Lunacia in Axie Infinity?
Lunacia is the fantasy land in the game. In this land, magical creatures called Chimera are attacking and the Princess wants Axies to help fight them off.
If you look at the map you might be wondering what the hell the big red square in the center is right? It’s called Luna’s Landing and is used to host events and shit. Heck, they will probably try to rent it out to earn money (I would).
Chimera are the evil little creatures that you can fight in daily quests within the game. Just like in the real world real estate is about “location, location, location.” If you purchase land in the middle of nowhere it’s going to be cheap.
Land that is right near a popular landmark will be more expensive. The mystic land is going to be the most expensive. One plot of mystic land sold for 550 Ether (around 2.5 million dollars) in November 2021.
When I went on the marketplace the cheapest land I found was $8,911 for a piece of a desert (in the middle of nowhere).
There might be a sale when the world launches in 2022, but according to the developers they plan on making it fair for previous buyers of land. This means the prices are probably not going to drop a lot.
How do you Earn Land in Axie?
The way to acquire land in Axie Infinity is to go to the marketplace and purchase the land. You could earn the resources to acquire the Ether to purchase the land.
The game runs on the Ethereum blockchain and actually uses Ronin (a side chain) for the transactions, which saves everyone money on gas fees.
Maybe you’re interested in getting land, but you don’t have $8,911 dollars to buy the plot of land what do you do?
Well, below is a few ideas I’ve come up with to come up with the money.
- Get a local job
- Do affiliate marketing online. You can learn how to do this HERE.
- Farm SLP with the game and then sell them for cash.
- Farm SLP with the game and then breed Axies and sell them for cash.
- Find crap around your home you don’t need and sell them on Craigslist for cash.
- Beg your parents for money.
- All the above.
I’m sure there are more ways you can come up with the cash, but in the end, you got to come up with at least $8,911.
Is it worth it? I honestly, don’t know, and it’s a big reason why I wrote this post.
Conclusion
Play to earn sounds like the coolest concept in the world. Who doesn’t want to earn money playing video games right?
I’ve experimented with these play-to-earn models including (Axie Infinity)…
The challenge for me is I haven’t made a lot of money playing these games. When I have free time (it’s rare) I usually go to games where I don’t earn money.
Right now I’m playing Monster Train and Detroit Becoming Human.
I’ve lost interest in the play-to-earn games, but maybe you might like them so I encourage you to give them a try. If you do purchase Axies you can always sell them to someone else if you don’t like the game.
When it comes to earning income from crypto I’ve looked at “a lot” of projects and I’ve had the most success from this project HERE.
Plus, I know the team behind it and there is a lot I like about the project.
I hope this post on how to earn money on Axie Land was helpful to you. Bye for now.