Axie Infinity vs. Illuvium: Some of the best Metaverse Games have gained popularity lately as the world prepares to welcome the metaverse. A collection of virtual worlds called the Metaverse persists even after you exit the game. Most of these virtual worlds are also connected AR and VR to improve the gaming experience.
What is Axie Infinity?
Axe Infinity is a cryptocurrency Pokémon-style video game in which players raise, fight, and act lovingly NFT Creatures called Axies. The two native altcoins are Small Love Potion (SLP), which are given to players in exchange for their time playing the video game, and Axie Infinity Shards (AXS), which can be bought and traded on sites like Coinbase.
The most downloaded cryptocurrency app on the ether Platform in summer 2021 was Axie Infinity. However, it is a Metaverse game in which players raise, fight, and trade lovable NFT creatures called Axies.
What is Illuvium?
The open world fantasy war game illuvium Used Blockchain Technology. With a variety of collecting and trading features, Illuvium is often cited as the first AAA game on Ethereum aims to be enjoyable for both casual gamers and passionate ones DeFi enthusiasts.
The game is a mix of an online multiplayer fighting game and an open world exploration game. The vastness of the game world can be explored by the players or an impressive team of monsters can be built.
Also Read: Play-to-Earn vs. Move-to-Earn: A Comprehensive Comparison?
Axie Infinity vs Illuvium: Gameplay
Axie Infinity gameplay
In the Play to Earn game Axie Infinity, players can trade goods NFT Market System and collect tokens generated by the game. There are two distinct cryptocurrencies in the video game: The main cryptocurrency is called Axie Infinity Shards (AXS) and can be bought and sold on sites like Coinbase. Users need some AXS to play the game, but they can trade them for these Bitcoin, Dogecoinsor any other major cryptocurrency.
In exchange for their participation in the game, players receive a second token called Small Love Potion (SLP). By taking out an enemy’s Axie or completing game missions, players can win some. Axie Infinity was developed in 2018 by a Vietnamese software developer named Sky Mavis. As of August 2021, the game had over a million daily users. Users need both an Ethereum Cryptocurrency Wallet and enough ETH to play with. An exchange like Coinbase allows users to buy and send ETH to them metamask or your Coinbase wallet.
Illuvium gameplay
instead of a Blockchain based project, Illuvium is more of a full-fledged game. Although it can only be accessed through a desktop application, it includes a number of DeFi apps, such as B. a food farm and a decentralized market.
Players take part in missions and epic quests, fight against Illuvials and other users in the Illuvium landscape and follow the entire storyline of the game. Along the way, they collect Illuvials, which have a variety of qualities that vary in rarity, usefulness, and appeal.
Here are a few examples:
Classes: Guardian, Rogue, Empath, Fighter and Psion.
Affinities: Fire, Air, Earth, Nature and Water.
The bulk of the game’s revenue will come from the sale of in-game goods, crafting materials, clothing and cosmetics, as well as shard healing. Individuals who purchase ILV tokens through an ILV buyback scheme will receive 100% of that money in the form of bonuses.
Also Read: Crypto vs Gold: How Are Cryptocurrency and Gold Related?
Axie Infinity vs Illuvium: Tokens
Axie Infinity (AXS and SLP)
SLP
As payment for playing Axie Infinity, players receive Smooth Love Potion (SLP), an ETH-based coin. Although it can also be traded on exchanges for cash, many players use it to farm Axies. Since SLP is currently in use, 100% of the resource is likely to have escaped into the environment at any point in time. The Ethereum blockchain and the Sky Mavis blockchain used by the creators of Axie Infinity split the coin equally.
AXIS
There are 270,000,000 Axie Infinity Shards, the ERC 20 governance coin. The three main uses of the coin are governance, staking, and payment. As part of the governance, AXS is drawn from the treasury. In fact, Axie Infinity customers can only receive money from the Treasury. A portion of the staking rewards are included in the 4% of purchases on the Axie Infinity market used to fund the project. In the future, owners of this coin will have voting rights within the video game.
Illuvium Token (ILV)
ILV and sILV are the two different types of ERC-20 tokens that serve as Illuvium’s native tokens. It can be applied to both the ecosystem and the video game Illuvium. ILV awards carry over for one year, although sILV can be used to start playing immediately. The total is $10 million, of which $3 million is accounted for as stake rewards.
Axie Infinity vs. Illuvium: Price and Market Cap
Axie Infinity (price and market cap)
- Current price: $10.59
- Market Cap: $1B
- 24-hour trading volume: $155 million
- Circumferential supply: 101.043.121 AXS
- Total supply: 270,000,000
- Max Supply: 270,000,000
Also Read: Semi-Fungible vs. Non-Fungible Tokens: Here Are the Differences
Illuvium (price and market cap)
- Current price: $66.48
- Market Cap: $136 million
- 24-hour trading: $16 million
- Circulating supply: 2,047,914 ILV
- Total supply: 7,000,000
- Max Supply: 10,000,000
Axie Infinity vs. Illuvium: comparison
Illuvium and Axie Infinity both have collectible in-game animals that can be fought, traded, and upgraded, but the size of the game world around these creatures varies. Illuvium, on the other hand, is a popular whimsical 2D game with adorable Pokémon-like monsters called Axies and a gradually revealed storyline. It also has a large, open, explorable world. Breeding axes are possible.
Both Illuvium and Axie Infinity have a significant gamification DeFi component. As a result, real money in the form of Ether (ETH) can be at risk on both games, as certain Illuvials and Axies can fetch high prices in the secondary market.
Unlike Axie Infinity, which creates each Axie from a random selection of resources, Illuvium’s Illuvials are entirely unique. Each has distinctive artwork and manipulations to make them stand out and be a good representation of their characteristics and territory. Illuvial is primarily aimed at traditional players who may or may not be familiar with it altcoins and NFTs, while Axie Infinity is primarily aimed at crypto enthusiasts. Despite some similarities between the two games, Illuvial is more geared towards traditional players.
Conclusion
Investors get a lot more from Axie Infinity than just a well-known Metaverse game. This is what most crypto enthusiasts find most attractive. The decentralized katana exchange was provided by the Axie Infinity team. Although few trading pairs are available, this decentralized exchange allows shareholders to practice yield farming. Additionally, AXS unit owners may gain access to another unearned income stream.
Axie Infinity token holders who transfer their tokens to the Katana Exchange can only receive rewards for doing so. In this market, investors can exchange AXS for other tokens, making it very easy to exit the ecosystem.
Also Read: The Sandbox Game: Explore SAND Metaverse; Play and earn NFT rewards
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