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What is Smooth Love Potion (SLP)?
Smooth Love Potion (SLP) - The main token used by the Axie Infinity game, run on the Ethereum blockchain.
Website Explorer Documentation
- Within the Axie Infinity game, Smooth Love Potion (SLP) is used as the main in-game currency.
- It is completely based on the Ethereum blockchain, with the network's own advantages.
- It has a limited supply of 10 billion tokens, so it tends to increase in value based on the number of players.
Smooth Love Potion (SLP) key metrics
Precio Reciente | $0.0028 |
|---|---|
Cap de Mercado | $121,693,783 |
Suministro Circulante | 42,459,790,618 SLP |
Suministro Total | 42,459,790,618 |
Suministro Máximo | 42,459,790,618 |
What is Smooth Love Potion (SLP)?
Smooth Love Potion is a cryptocurrency used in the decentralized game "Axie Infinity", which runs on the Ethereum blockchain. Axie Infinity is a collection game of digital creatures called Axies, which can be bred, traded and used in online battles.
SLP is used as the main in-game currency to buy and sell Axies, as well as to participate in tournaments and in-game rewards. Players can earn SLP by winning online battles and by breeding Axies. They can also exchange SLP for other cryptocurrencies or for fiat money on cryptocurrency exchanges.
The total supply of SLP is limited to 10 billion tokens. As more people play Axie Infinity and demand SLP, it is possible that the price of the cryptocurrency will increase. However, as with all cryptocurrencies, the price of SLP can be very volatile and is subject to unpredictable changes in the market.
Is it necessary to buy SLP to get better at the game? Most of the time, yes, as it is necessary to spend money to grow your creatures, so we can say that it is part of the Pay-to-Win model.
The Smooth Love Potion (SLP) Token
The Smooth Love Potion (SLP) cryptocurrency was created by the team behind the Axie Infinity game, which is a game development studio called Sky Mavis based in Vietnam. Sky Mavis was founded in 2018 by Trung Nguyen and Aleksander Leonard Larsen, and has since gained a huge following thanks to the success of Axie Infinity and the growing interest in decentralized games and applications based on blockchain technology.
This is precisely what makes this token special. If we make an imaginative comparison, it is as if Nintendo decided to create its own digital currency for use within games such as Super Mario or Mario Kart, and that this would be used to win within the game.
But, this whole approach to video games has also been criticized by Axie Infinity players. Nguyen, creator of Axies, said that every player should have this token in their wallet, because without them it is impossible for dragons to have a chance to reach adulthood.
But, its price also depends on the number of players competing in Axie Infinity. Although their price is maintained during the days, when the game launches new events, the token skyrockets (and vice versa). But, the big advantage now is that you can buy Smooth Love Potion (SLP) at any exchange.
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- What is Smooth Love Potion (SLP)?
- Smooth Love Potion (SLP) key metrics
- What is Smooth Love Potion (SLP)?
- The Smooth Love Potion (SLP) Token
- Other listings available in TruBit Pro 👇