TradingDojo #14: Axie Infinity - I finally Joined the Trend (And already made almost $100 in SLP!)

in LeoFinance3 years ago (edited)

TradingDojo #14 $10kYr w Axie Infinity.jpg

Axie Infinity, as we all know, has completely taken the dApp, crypto, and even world by complete f*^king storm. The madness is real - prices of Axies continue to skyrocket with each passing day. Reading some of the content on here by @AxieBuzz totally got me hooked on the idea of PlayToEarn - so I

A few weeks ago, Axies I wanted to build my first team would've cost me a little over $1000. 3 days ago, when I finally pulled the trigger, I spent nearly $1800. Talk about some serious growth!

However, that investment is already yielding some juicy rewards.

For simply completing the daily quests (10x adventure fights, and 5x arena wins, + a few extra adventure fights to finish out a stage for the extra SLP), I'm earning an average of over 100 SLP per day - nuts!

At current prices, this puts $SLP at $0.216475

Before starting today's daily quests and adventure bashing, I'm sitting at a grand total of 376 $SLP = $81.17. The breaks down to a bit above $27/day! Let's do some math on this:

  • $27.06/day
  • $189.42/week
  • $811.80/month (30 days)
  • $9876.90/year (365 days)
  • This is absolutely nuts! If you live in a third world country, this is easily enough to compensate for most normal full-time jobs, if not actually outpacing the average salary in many sectors.

    Even in the US, these figures come close to the poverty line - all for playing a freaking game. The best part is that this doesn't even take into account the fact that Axies are most likely going to continue growing for a long, long time, and that SLP will probably break $1+ at one point or another without breaking a sweat.

    As the game develops, they may add even more special ways to reward players and incentivize people, further boosting potential daily earnings - all for spending an hour a day on your phone, playing what amounts to Pokemon 2021. Amazing!

    All in all, I have to say that I'm quite impressed already. I plan on taking my $SLP earnings and reinvesting them into $OSMO to snag that insanely high APR of 340%+, but this is just another kickass way to supplement my daily yield.

    What other methods are you implementing to boost your daily earnings?

    Drop a comment and let me know, as I love finding new ways to stack more coins!


    Happy Coinhunting,
    Gh0st | @TradingDojo / @nulledgh0st

    Banner 1.png


    Subscribe below:

    Substack - bite-sized emails with airdrop alerts and other important crypto happenings!

    Check some of my latest posts:

    TradingDojo #8: Hustle on the low - 55 Side Hustles you can start TODAY with under $100
    TradingDojo #7: Read Read Read - 4 Books That Will Change Your Life
    TradingDojo #6: App Like a Champ - 5 Free (and Paid) Tools That I Use on a Daily Basis
    TradingDojo #5: Path of FIRE - Your Financial Habits Shape Your Future

    Posted Using LeoFinance Beta

    Sort:  


    The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

    Congratz on finally getting into the game!

    Love to hear that we had an influence on making this happen. Best of luck on your Lunacian journey.

    Also, consider posting in our community, or cross-posting if you want this to show up on LeoFinance as well as Axie Buzz.

    Ah will do! I thought I had added Axiebuzz as one of the first 5 tags but I guess I messed up. Next time!

    Posted using Dapplr

    Does it matter which Axies you buy?

    Posted Using LeoFinance Beta

    Definitely. At first, I just bought the cheapest ones possible, but that made it nearly impossible to win arena matches, which made completing the daily quests a no-go. So I sold the first batch, did some research, and invested nearly double my initial purchase amount - now, my team can hang! It's not the best in the game, but it definitely holds its own.

    Posted using Dapplr

    Thank you!

    Posted Using LeoFinance Beta