Two houses have been bought with earnings from popular crypto-powered play to earn game by an Axie Infinity Player from the Philippines.
From the profit earned playing Axie infinity, Aaron Ramos, a 22-year old and who uses the pseudonym Magnus TV to play stated on social media that he bought two houses
The surging of Axie’s in-game token Smooth Love Potion (SLP), which rallied 940% from $0.035 on April 24 to more than $0.364 on May 2. SLP has since retraced 45% and last changed hands for roughly $0.20 was what Ramos attributed the purchases to.
“I believed in AXIE’s ability to lift us up, I held an SLP, paid attention to the trend of AXIE Community and did some research […] then I played with the price of SLP to have enough funds to buy two houses and one team.”
Players of Axie Infinity can earn SLP through the games’ PVP battle area, where players battle their Axies — Pokemon-inspired creatures that are bred in the game and represented as nonfungible tokens.
SLP currently ranks as the 428th-largest crypto asset by capitalization with $81 million, driving more than $45 million worth of trade in the past 24 hours.
In addition to SLP, Axie players also have opportunities to earn the game’s governance token, AXS. The AXS token has also seen meteoric gains recently, gaining 5,114% from $0.14 to $7.30 in the six months since the token began trading.