If you know about Axie Infinity (AXS), then you also know about cryptocurrency and have an idea of how blockchain works and how to make money from it. But if you’re considering buying the Axie Infitity, there may actually be other – and perhaps even better – options out there that offer much of the same, but may be a better investment.
What is Axie Infinity?
Axie Infinity is an online game where the player controls a small team of so-called Axies. These beasts are some small monsters that have different abilities and characteristics. By defeating other players (or the computer) you can actually win AXS, which can then be sold for other cryptocurrencies. In this way, you can actually make money by fighting friends or strangers on the Internet.
There is a little more to the game than that, and you will have to buy Axie Infinity tokens if you hope to put together a fairly good team of axies. The game has been incredibly popular for quite some time, however, the price of AXS has fallen approximately 95% since its all-time high back in late 2021.
Buy Axie Infinity?
What should you think about before you say “Buy Axie Infinity”? In essence, it is probably about whether you want to buy AXS to play Axie Infinity, or whether you are looking to make a good investment.
There are some indications that the Axie Infinity will find it difficult to reach its old heights purely in terms of price. At the time of writing, Axie Infinity is the 56th largest cryptocurrency and has a market cap of approximately $650 million. This is of course incredibly impressive, but it also means that some absolutely huge amounts of buy orders are needed before the price can rise to new (or old) highs.
That’s why we’re now taking a look at a brand new cryptocurrency – and an online gaming universe – that might give Axie Infinity a fight to the finish line.
What is Calvary?
Calvary (RIA) is first and foremost a brand new cryptocurrency, but it is also more than that. Calvaria is an entire game universe under construction. Right now you can buy RIA tokens in the presale, but there is a lot in store for the early investors – and for the gamers who want to dabble in Calvaria in the future.
There are both differences and similarities between Calvaria and Axie Infinity. Overall, you can say that Calvaria aims a little wider than Axie Infinity. The universe in Calvaria is based on duels between the players. In that way, it is reminiscent of the Axie Infinity. However, the character universe is a lot different in Calvaria, and you thus collect cards with different characters, which in turn have different states – and different cards compliment each other well or less well.
In addition to these cards, one can also collect unique items that exist in the game as NFTs. These NFTs can also be both bought and sold in and below the game universe. A large airdrop is also planned for all the early investors, so there is a carrot for people who are not waiting for Calvaria to go on sale on various trading platforms.
In Calvaria, you can also earn cryptocurrency in other ways than by winning matches against other players. One of these ways is via staking, where you get automatic interest on your tokens in return for locking them quickly for a period of time. Another method has to do with “breeding” characters and cards inside the system, but the partial numbers around this are so far unknown.
One of the things that can help increase the demand for RIA tokens (and thus also create price growth) is the fact that Calvaria has a free version and a paid version. By having a free game version, it is possible to get more users more easily. However, as with many other freemium games, some of the free players will be tempted by the many increased features and benefits that can be obtained by owning RIA tokens. This is a pretty smart strategy that isn’t actually used that often in cryptocurrency.
Buy Axie Infinity or Calvaria?
One advantage of Calvaria is that it is easy to buy and sell tokens and NFTs for regular money.
The idea of attracting people who like to game online – while at the same time attracting crypto enthusiasts who have invested, is not entirely stupid. All other things being equal, it must be thought that this strategy will gain more users. It is also even smarter with a freemium version, so that people can convince themselves that they like the game, but are also continuously tempted to play the paid version.
If you have to use Axie Infitity as a yardstick to get an idea of the potential in Calvaria, then it’s a good idea to jump on the bandwagon early. Although we cannot calculate the market value at the time of writing, it is probably reasonable to assume that it will be in the region of at least $2 million, since that is the amount aimed for in the presale, which is almost completely met.
In other words, since Axie Infinity’s market capitalization is around $650 million, this would equate to something less than a 325-fold increase in cash if Calvaria were to reach this level. Of course, whether this will happen is not known for sure, but the potential is undeniably huge, especially as the crypto market enters a new phase of growth.
Source: The Nordic Page