#Axie_Infinity is a prominent “play-to-earn” game that offers participants the opportunity to accumulate cryptocurrency in the form of Small Love Potions (SLP), which can subsequently be exchanged for local currencies, such as pesos. The game has garnered significant attention both domestically and internationally, owing to its potential for generating substantial earnings through gameplay. Nevertheless, not all individuals possess the requisite financial resources or time commitment to consistently engage in the game and earn SLP. This predicament has given rise to the introduction of the scholarship program, wherein individuals known as scholars partake in gameplay on behalf of managers, enabling them to accrue SLP and receive a portion of the resultant income. Consequently, numerous entrepreneurs have commenced establishing their own Axie Infinity teams and offering Axie Infinity scholarships, recognizing the potential benefits derived from such ventures.
Axie Infinity Scholarship |
What is an Axie Infinity Scholarship
An #Axie_Infinity_scholarship refers to a program in which individuals, known as managers, lend or provide access to their Axies (digital creatures) to other players, known as scholars, allowing them to participate in the Axie Infinity game. The purpose of an Axie Infinity scholarship is to enable individuals who may not have the financial means to acquire their own Axies to still participate in the game and earn rewards, particularly in the form of Small Love Potions (SLP), which can be converted into real-world currencies.
Under the #scholarship arrangement, the manager typically sets certain terms and conditions, such as gameplay hours and expectations, in exchange for granting the scholar access to the Axies. The scholars then play the game on behalf of the manager, earning SLP and sharing a portion of the rewards with the manager. This arrangement benefits both parties, as the scholars gain an opportunity to earn income through gameplay, while the manager benefits from the shared rewards generated by the scholars’ efforts.
Axie Infinity scholarships have gained popularity due to the potential financial benefits they offer, particularly in regions where individuals may have limited economic opportunities. It has become a way for individuals to engage in the play-to-earn model of Axie Infinity without having to make a significant upfront investment in acquiring Axies.
How To Build An Axie Infinity Scholarship ؟
- Create an Axie Infinity account for the designated scholar, ensuring all necessary information is accurately provided
- Select the specific Axie(s) that you intend to assign to the scholar as part of the scholarship program
- Input the Ronin wallet address associated with the scholar’s account, ensuring the correct and valid address is recorded
- Proceed to gift the designated Axie(s) to the scholar’s account, completing the transfer process securely and accurately
- Safeguard the account QR code, which serves as an essential identification tool, and provide a copy of it to the scholar for future reference and access
These steps will facilitate the establishment of an Axie Infinity scholarship, ensuring a smooth and organized process for both the manager and the scholar involved
What an Axie manager gives scholars:
- 3 Axies to be lent out to start playing
- Education on the ins and outs of #Axie #Infinity
- Steps on how to earn more SLP
- Support within the Axie community
Here are the following requirements needed to build an Axie Infinity Scholarship:
- Google Chome or Firefox
- Metamask account
- #Axie #infinity account
- Ronin wallet account
- Axies to lend to scholars
Firstly, you will need to create a Ronin account for the #scholar. Go to your Ronin account and create and choose an input name that’s similar to the Metamask account name. Go back to the #Axie #Infinity marketplace and make sure that your main account is logged off. The main account that’s selected should be the Metamask and Ronin wallet of the scholar. Click “Log in” and then choose “Log in with Ronin”. You will have to approve the sign-in. After these necessary steps, you have successfully created an account for your scholar to use!
To transfer an #Axie to a scholar account, you will choose from your current Axie lineup. Click on “Gift” to start. Input the ronin address of the scholar and finalize the selection by clicking on “Gift” again. A pop-up card should appear to confirm the transaction. Click away and you will see the Axie gifted to your scholar. Take note that if you’ve leveled up your Axie, gifting it will reset it to level 1.
The transfer of your account is not an actual direct transfer with all your information. You just give access without exposing your important keys. To do this, save a photo of the QR code on your dashboard and send it to your scholar. The QR code is for scholars who play on mobile. For scholars that play on PC, you will have to give your account credentials such as email and password. Make sure that you keep the account secure and give these credentials to a trusted scholar or an experienced scholar. Don’t worry about giving away account details as they will not have access to the important keys or control of the other accounts.
To monitor your scholars, make sure that the Ronin and Metamask accounts have the same name. This is especially useful if you’re collecting earnings and it will also avoid confusion with names. You may opt to use scholar tracker tools to track Small Love Potion earnings.