Developer Sky Mavis recently reported that the game has over 900.000 daily active users. The governance token The game's native AXS has soared to new all-time highs recently, and is currently priced at nearly $ 45, an increase of more than 86.000% since January 1. in volume of NFT transactions only in the last 30 days. The title has taken off in the last two months, generating more than $ 900 million. Normal that so many people wonder how to get an axie infinity scholarship. YGG is solving that problem by loaning out NFTs to new players at no upfront cost, so we wanted to support their mission and help scale their impact more quickly. “We were inspired to see how NFT games were providing opportunities for people to lift themselves out of poverty (…)“ But the high cost of NFTs creates a very real barrier for the people who would benefit the most of these games you play to win. FTX cited the short film as influencing their decision to sponsor more players through Yield Guild Games.įTX has given details of what has prompted them to take this step of solidarity: The company recently co-produced a short documentary called Play-to-Earn that explored the impact that the Axie Infinity Scholarship is having on gamers in the Philippines. "Īccording to Yield Guild Games, its fellows have collectively earned more than 37 million SLPs to date, which is equivalent to more than 8,1 million dollars at the current exchange rate. "The expectation is that the new player, or intern as he is known, will earn enough playing to be able to 'graduate' from the program and eventually buy his own NFTs (…)" This is having a real economic impact on the lives of real people, and FTX gets the added benefit of gaining brand exposure to these new crypto users, who will always remember who got them started. Statements from Yield Guild Games Co-Founder Gabby Dizon: Yield Guild Games is one of the most prominent programs, but there are many to choose from. ![]() In the last few weeks, there has been a mass of people eager to join a scholarship program. The scholarship recipient keeps most of the income, with a smaller portion given to the owner, as well as to a manager who supervises the scholarship recipients.Īxie Infinity NFTs are expensive - you need three Axie monsters to play, and typically cost $ 200- $ 300 each in the official game market. Players earn Small Love Potion (SLP) tokens in battle, which can then be exchanged for other cryptocurrencies. Essentially, fellows borrow NFTs from monster Axie from original owners through a profit sharing agreement. How to get an axie infinity scholarship is one of the most interesting news that has been developed around the crypto game powered by NFT. What does it mean to be an Axie Infinity Scholar? Yield Guild Games raised $ 4 million in Series A funding in June to help expand its play-to-win business model, and last week held a $ 12,5 million token sale that sold out in 31 seconds. FTX sponsored players will need to be residents of the Philippines, Indonesia, India, Latin America or Brazil. Be careful here: FTX will have lifetime naming rights to those players' Axie Infinity Sponsor-a-Scholar accounts. The fine print of the deal is worth checking out. ![]() ![]() Details of the fellowship agreement between Axie and FTX (For the uninitiated, an NFT, such as CryptoPunks, is a type of blockchain-based token that can be used to prove ownership of a digital item, such as an image, a music file, or in this case, a game item). Each Axie is represented as a unique NFT. The FTX deal provides funding to breed new Axie monsters in the game for interns. FTX has announced that Funding 137 New Axie Infinity Scholars in Collaboration with Yield Guild Games, which already has about 4.600 players of this type in its program. How to get an Axie Infinity scholarship is about to be much easier if you live in a developing country.
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