Axie Infinity vs Illuvium: Some of the best metaverse games have recently gained popularity as the world gets ready to welcome the metaverse. A collection of virtual worlds called the metaverse is still present even after you stop playing the game. The majority of these virtual worlds are also connected to AR and VR to improve the gaming experience.
What is Axie Infinity?
Axie Infinity is a cryptocurrency Pokémon-style video game where players raise, battle, and trade endearing NFT creatures called Axies. The two native altcoins are Small Love Potion (SLP), which is given to players in exchange for their time spent playing the video game, and Axie Infinity Shards (AXS), which can be bought and traded on websites like Coinbase.
The most downloaded cryptocurrency app on the Ethereum platform in the summer of 2021 was Axie Infinity. However, it is a metaverse game in which players raise, battle, and trade endearing NFT creatures called Axies.
What is Illuvium?
The open-world fantasy war game Illuvium uses blockchain technology. With a variety of collecting and exchanging features, Illuvium often referred to as the first AAA game on Ethereum aims to be enjoyable for both casual and ardent DeFi enthusiasts.
The game is a mashup of an online multiplayer battle game and an open-world exploration game. The vastness of the game world can be explored by players, or they can build a formidable team of monsters.
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Axie Infinity vs Illuvium: Gameplay
Axie Infinity Gameplay
In the “play to earn” game Axie Infinity, players can trade goods on the NFT market system and collect tokens that the game generates. Two distinct cryptocurrencies exist in the videogame: The main cryptocurrency is called Axie Infinity Shards (AXS), and it can be bought and sold on websites like Coinbase. Users will require some AXS to play the game, but they can exchange them for Bitcoin, Dogecoin, or any other significant cryptocurrency.
In exchange for their participation in the game, players receive a second token called Small Love Potion (SLP). By taking down an enemy’s Axie or finishing game missions, players can gain some. Axie Infinity was created in 2018 by a Vietnamese software engineer named Sky Mavis. As of August 2021, the game had over a million daily users. Users will require both an Ethereum cryptocurrency wallet and sufficient ETH to play. On an exchange like Coinbase, users can purchase ETH and send it to Metamask or their Coinbase Wallet.
Rather than being a blockchain-based project, Illuvium is more like a full-fledged game. Although it can only be accessed through a desktop application, it comes with a number of DeFi apps, such as a food farm and a decentralized market.
Players engage in missions and epic quests, battle Illuvials and other users on the Illuvium landscape, and pursue the game’s overall plot. They gather Illuvials along the way, which have a variety of qualities that differ in rarity, utility, and appeal.
Here are a few examples:
Classes: Guardian, Rogue, Empath, Fighter, and Psion.
Affinities: Fire, Air, Earth, Nature, and Water.
The majority of the game’s revenue will come from in-game sales of goods, materials for crafting, clothing, and cosmetics, as well as from shard healing. People who acquire ILV tokens through an ILV repurchase scheme receive 100% of this money in bonuses.
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Axie Infinity vs Illuvium: Tokens
Axie Infinity (AXS and SLP)
As payment for playing Axie Infinity, players receive Smooth Love Potion (SLP), an ETH-based coin. Although it can also be traded for cash on exchanges, many gamers use it to breed Axies. Since SLP is currently in use, 100% of the resource has likely entered the environment at any given time. The Ethereum blockchain and Sky Mavis’ blockchain, used by Axie Infinity’s creators, split the coin equally.
There are 270,000,000 Axie Infinity Shards, the ERC 20 governance coin, in existence. The three main uses of the coin are for governance, staking, and payment. As part of governance, AXS is received from the public treasury. Axie Infinity customers can only actually receive money from the treasury. A portion of the staking rewards is included in the 4% of purchases made on the Axie Infinity market that goes toward funding 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 token that serves as Illuvium’s native tokens. It can be applied to both the ecosystem and the video game Illuvium. ILV rewards are vested for a year even though sILV can be used to start playing the game right away. The total amount is ten million dollars, of which three million are designated as stake rewards.
Axie Infinity vs Illuvium: Price and Market Cap
Axie Infinity (Price and Market Cap)
- Current price: $ 10.59
- Market Cap: $ 1 B
- 24-Hour Trading Vol: $ 155 Million
- Circulating Supply: 101,043,121 AXS
- Total Supply: 270,000,000
- Max Supply: 270,000,000
Also Read: Semi-Fungible Vs Non-Fungible Token: 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 battled, traded, and improved, but the size of the game world around these creatures varies. Illuvium, on the other hand, is a popular, quirky 2D game with adorable monsters called Axies that resemble Pokemon and a gradually revealed plot. It also has a large, open, explorable world. Breeding axes is possible.
Both Illuvium and Axie Infinity have a significant gamification DeFi component. As a result, real money in the form of Ether (ETH) may be at risk when playing either game because particular Illuvials and Axies can fetch high prices on the secondary market.
In contrast to Axie Infinity, which creates each axie from a random selection of resources, Illuvium’s illuvials are entirely unique. To make them stand out and be a good representation of their traits and area, each one has distinctive artwork and tampering. Illuvial is primarily targeted at traditional players who may or may not be familiar with altcoins and NFTs, whereas Axie Infinity is primarily targeted at crypto enthusiasts. Despite some similarities between the two games, Illuvial is more geared toward traditional players.
Investors get much more from Axie Infinity than just a well-known metaverse game. This is what most crypto enthusiasts find most appealing. The Katana decentralized exchange was made available by the Axie Infinity team. Although there are only a few trade pairings available, this decentralized exchange enables shareholders to practice yield farming. Also, potentially gives owners of AXS units access to yet another unearned income stream.
Axie Infinity token owners who transfer their tokens to the Katana exchange may receive rewards just for doing so. In this market, investors can exchange AXS for other tokens, making it very simple to leave the ecosystem.
Also Read: The Sandbox Game: Discover SAND Metaverse; Play and Earn NFT Rewards
The post Axie Infinity Vs Illuvium: Is Illuvium Better Than Axie Infinity appeared first on CoinGape.
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