The Value of SLP in the Axie Infinity Game
The Gameplay Environment
The game environment for the Axie Infinity comes with simplicity despite all the design and mechanics. Besides, the game player must seek to balance out the entire play in complete harmony while preserving the lives of his axies. Basically, after acquiring and building your axies, there are two methods to play the game and earn:
- Play in the Arena. This method involves using the Elo ranked and matchmade PvP mode where a player’s team engages other players’ teams. The winner then gets the reward of the combat.
- Adventure mode. The adventure mode involves a simple PvE campaign connected to the saga map style level. Each player contends with AI-controlled non-axie enemies or monsters in this mode. Conquering these monsters also comes with a reward, and the player gets to build his axies the more. Click here for more detail.
SLP Grinding and the Play-to-Earn (P2E) Environment
The Smooth Love Potion (SLP) is a significant resource for the core part of the axie infinity game. It is the driver of the P2E gaming environment. In fact, permit me to say that help is the primary reward that a player can look forward to in the entire game. Whereas players can gain SLP in two key ways:
Adventure (PvE)
The adventure mode refers to the player’s task of contending with the AI oppositions to be promoted to the next level. Therefore, the SLP rewards here are dependent on the current player level and the current star rating of the axis. Indirectly, it also depends on the number of axies that the player contends with and has left. Besides, it also suggests that players have and retain as many axies as possible in the end.
Arena (PvP)
As for the Arena mode, the player must battle with other players with their axis team. The rewards come with the player that wins the contest. However, the amount of SLP that he gets depends on the current ranking of that player’s team of the axies. By implication, the higher the order, the more SLP the player gets for winning. The player that loses does not get any reward for the match even if he replays at the same level and wins. Further to understanding the NFT gaming platform war visit: https://www.protocol.com/nft-play-to-earn-steam
Gaining and Trading SLPs
A player can gain SLP from the acquired energy from wins. As a result, energy is the real gating factor for SLP creation. On the other hand, as the game player achieves more axies, the energy acquisition and renewal rate becomes higher and faster. In addition, at about two-week intervals, the player can claim their SLP within the game and withdraw into the Ronin wallet that must have been linked. This activity is called putting the income on the chain (blockchain).
When the SLP has been successfully moved on to this chain, it can then be traded on any exchange platform such as Binance, or it can be used to breed more axies. In the long run, the trading involving buying and selling SLP via the marketplace and other platforms led to the gig economy of players grinding SLP in the game. They earn the SLP and sell it off for a flat rate.
It will excite you to know that if a player invests three solid hours of playing time per day, it is possible to earn up to 500 SLPs per week. And depending on the current SLP rate, the USD, you can make above $32 per week and $1664 per year from trading SLPs. Meanwhile, many players are playing through a scholarship program, which loans then some axis into the game; they can also cash out their earning and split up. Scholars can get up to 70% of their total earnings.
Importance of SLP in Axie Infinity
At times, one may be tempted to think that the AXS is the most critical token in the Axie Infinity gaming environment. But the virtual world is nothing, especially in rewards without the SLP because of its fundamental role in the game space. The role of SLP is what establishes this game as an NFT where you can play to earn rewards successfully.
Otherwise, what difference will this game make when a player completes a task, wins combat, and gets no tangible reward except entertainment? Somehow, it defeats its core significance and selling point as a pay-to-earn game. Also, as the player gains more experience and expertise and builds his level, he can get more SLP tokens. Another way to gain SLP is by completing the daily tasks on the Axie Infinity platform that refreshes every 24 hours.
What more? The SLP is the crucial reason the player needs to win battles, beat off enemies, and compete in different tasks. In addition, apart from the AXS, the player needs the SLP to breed new offspring axes from parent ones. And the breeding process can be repeated up to seven times. Simply put, the SLP token makes the entire Axie Infinity economy go round. Therefore, players must do all they can to use their SLP judiciously to build stronger teams.
Is the price of the SLP coin going down?
SLP as a digital asset does not have one of the most vital positions among cryptocurrencies, especially as an altcoin. But more importantly, the recent trends point to the fact that we may see a further plunge in its value in the coming weeks. However, this decline may not be all specific to the SLP as the cryptocurrency market is experiencing some fluctuations and facing some uncertainties.
If strong coins like Ethereum can take a hit, even up to Cardano (ADA), the altcoin, SLP is just one that should not cause a big surprise in the crypto market. Moreover, the traders and game players can play while accruing more SLPs but holding on with the selling process. Alternatively, they can begin to use the SLP to breed more axis.
Conclusion – SLP Price Prediction for 2022
Investors had claimed that the SLP token within the Axie Infinity game world will reach its all-time high by 2023. The predicted level may reach 0.15 USD per SLP, while others indicate that the price may even get $0.2. With all these predictions, the price may end up at about 0.10 USD by the end of the year 2022.