Farming Activities at Axie Infinity — NFT Gamify Example
What is NFT?
A non-fungible (that is, unique and non-exchangeable) token (NFT) is a unique digital code that represents the type of digital object. NFTs are protected and stored on the public blockchain. A token is incompatible with another token and the token cannot be further subdivided. There are many different types of non-fungible tokens that can be created on common blockchains such as Bitcoin and Ethereum. Popular NFTs are used in digital art, sports goods, game assets, and music. This media shows that NFTs are used in gaming assets, especially Axie Infinity.
NFT x Octalysis Gamification Framework by Yuka Chao
Based on Yuka Chao research (https://yukaichou.com/metaverse/the-nft-i-believe-in/), on Octalysis Framework, there are three distinctive Core Drives that correlated to the NFT business model:
- Core Drive 6: Scarcity & Impatience
- Core Drive 1: Epic Meaning & Calling
- Core Drive 5: Social Influencer & Relatedness
Scarcity is a built-in NFT feature. By limiting the amount produced in the world, things become rare.
Meaning is one of the most important factors in determining whether an NFT should have long-term value.
Community is about most things, including money, and it is only worthwhile if enough people believe in its worth. When you receive any form of currency, you must believe that others will regard it as valuable and will exchange your goods for the currency you have.
Introducing Axie Infinity
Axie Infinity is a game universe filled with fascinating creatures, Axies, that players can collect as pets. Players aim to battle, breed, collect, raise, and build kingdoms for their Axis.
Axie Infinity has the vision that the universe has a player-owned economy where players can truly own, buy, sell, and trade resources they earn in the game through skilled gameplay and contributions to the ecosystem. (source: https://whitepaper.axieinfinity.com/). In this medium, I will deep dive into what to farm in Axie Infinity.
What to Farm?
Smooth Love Potion (SLP) is a gaming token primarily used to power the breeding of digital pets called Axies in the hit NFT game Axie Infinity. (source: asiacryptotoday.com/smooth-love-potion-slp/)
Farming Activities x Octalysis Gamification Core Drives
A. Daily Activities
- Daily Mission
In Daily Mission user influence by Core Drive 2 Development and Accomplishment. This core drive depicts development and performance are our internal impetus for progress, developing skills, achieving mastery, and ultimately overcoming challenges.
Moreover, for the count down in daily quest this feedback mechanic represents Core Drive 6: Scarcity & Impatience which means central motives for wanting something just because it is very rare, exclusive, or not readily achievable
This quest resets every day, every 7 AM GMT+7, you have to do a quest to claim SLP a day bonus of SLP accounted for 25.
- Adventure Mode
In this mode, the user-triggered by various core drives:
- Core Drive 3 Empowerment of Creativity & Feedback which represents creativity and feedback empowerment are expressed when users are involved in the creative process of constantly discovering new things such in this adventure mode is milestone unlock.
- Core Drive 4 Ownership & Possession represent a place where users are motivated to feel like they own or manage something that user must have 3 Axies to play the game and the reward it self SLP.
You can see what is marked in red is the daily limit that can be obtained for 1 day, so roughly you will definitely get 75 SLP for 1 day only from adventure mode and daily quests. Users can play 2 hours — 4 hours s a day.
- PVP/Arena Mode
Player Versus Player (PVP) to push your rank in the leaderboard that represents core drive 2. In addition, they offer rewards every season(40days) to make axis users compete with others. The amount of SLP you get in the arena depends on your rank. Here is the updated list of SLP Arena rewards per MMR bracket in Axie Infinity Season 18:
What is the LIMIT SLP that can be farmed from ARENA? it depends on ENERGY
This is energy reset every day, to have 20 energy you must have at least 3 axies, to have 40 energy you must have 10 axies
Conclusion
Here is the result of Axie Infinity Farming Activities that analyze using the Octalysis Gamification Framework.
Based on the official website Axie Infinity the banner proclaims, 1.8 million players. Moreover, the last time I checked, the SLP token had a 24-hour trading volume of around $165 million. Thus, this is serious business, not just fun and games.
Disclaimer: This is medium only shows feedback mechanics & gamification framework on NFT that use in Axie Infinity Game. For investment decisions , you should go out and research the subjects on your own in order to make a truly educated decision.
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