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What is Axie Marketplace – How to Buy and Sell on the Marketplace

 

 

What is Axie?

Let’s have a look at some basic information regarding Axie.

Sky Mavis is a software development business that specializes in the development of decentralized applications (Dapps) and services with a focus on information technology, blockchain technology, video games, and other related fields.

 

Earlier this year, Sky Mavis unveiled Axie Infinity, a blockchain-based game metaverse that was built on top of the Ethereum blockchain. In this blockchain-based game, players may collect and grow a digital pet nicknamed ‘Axie,’ which they can then sell to other players.

 

 

Axie is a one-of-a-kind form of the game in which players take charge of and manage a piece of the action. By participating in the game, you may earn AXS tokens that can be used to affect the game’s future.

 

AXS is an ERC-721 token, which implies it is not fungible in the traditional sense (NFT). Each pet is a one-of-a-kind digital asset that can’t be found anywhere else on the internet.

 

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Before you can begin playing, you’ll need at least three Axie NFTs from the Axie Marketplace to get things started. Aside from that, you’ll need to set up a Ronin wallet as well as an Ethereum wallet, such as Metamask.

 

What is Axie Infinity and how does it work?

You may acquire Axies and use them to fight, explore, and mate with other Axies in Axie Infinity, a digital pet community where you can interact with other Axies.

The game is classified 18+ due to the fact that it has a Pokémon-like appearance and lacks a clear age-verification procedure, making it visually appealing to youngsters of a younger age.

 

Each segment of Axie Infinity is broken into four parts:

  • Warfare
  • Breeding
  • Land
  • Market
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Combat is a turn-based card game in which the objective is to beat the opponent. Each side is always composed of three Axies, with the aim of defeating the opponent. Each Axie NFT has its own set of characteristics that enable it to play a number of roles in the game.

 

Each Axie will be assigned to one of the following categories: animals, aquatics, plants, moons, stars, reptiles, insects, birds, or nuts. Animals, aquatics, plants, moons, stars, reptiles, insects, birds, and nuts

 

What is Axie Marketplace?

Axie Marketplace is the official marketplace for the Axie Infinity Game. It may be found here. When looking for Axies, Land, and other commodities for use in the game, this marketplace may be a useful resource.

 

If you want to buy or sell Axies, you may do so on the Axie marketplace, which is open to everyone. You may, however, sell or buy Axie on other non-financial-transaction (NFT) exchanges.

 

 

 

what is axie marketplace
image via infinityaxie marketplace

 

 

How Axie Marketplace Works

In the Marketplace, players may bring their Axies and sell them to other players in the form of a Clock auction.

Clock Auction is defined as the process by which a seller puts an Axie up for auction with a start price, a final price, and a period specified.

As a result, the price may climb or decline over time from the original price to the final price depending on the seller’s objectives.

 

 

 

How to buy Axie in the Marketplace

Before you can purchase axie, you must first create an account with us. The following steps will walk you through the process of creating an account on Axie Marketplace:

 

  • Download and install an Ethereum Wallet on your computer.

 

If you want to purchase or sell Axie Infinity items on the Axie Marketplace, you must first create an Axie account.

 

To store tokens, you must download the Ethereum Wallet, which can be found here. It is possible to utilize the MetaMask in this situation, which is accessible on both desktop and mobile platforms.

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Please follow the instructions below in order to download and install MetaMask:

  • Navigate to MetaMask
  • Next, click “Download Now” and choose the platform from which you desire to download.
  • Then follow the on-screen directions to complete the installation.

 

 

Make a Ronin wallet

You will be unable to progress if you do not have a Ronin wallet since this is where all of your required information, such as Axie activities and transactions, will be stored.

 

You must go through three processes in order to create a Ronin wallet.

If you already have a Ronin wallet, you may skip this step by selecting the “I already have a seed phrase” checkbox on the next screen. Wallets should be loaded into the system.” If you don’t have any experience, you might choose “I’m new.” Let’s get started!”

 

  • Create a password, then copy and paste the seed phrase into a safe location.
  • Double-check your seed phrase.

We’ll go on to the next step, which is how to establish an Axie Infinity account after you’re through with this procedure.

 

 

How to sign up for an Axie Infinity account

 

  • Select Login in the top right corner of the Axie Marketplace page when you have navigated there.
  • Following that, you will be presented with two options for logging in with Ronin Wallet.
  • A pop-up box will appear, and you will have the option to continue by clicking “Confirm.”
  • Set up your email address and password.

 

 

In order to proceed, you must first complete the account verification process.

  • The email and password settings buttons may be found in the middle of the dashboard, respectively. The option to “Create an Email and Password” will be presented to you.

 

  • After you’ve entered your email address and password, you’ll be requested to enter a verification code that will be sent to you through email. • After that, click on the “Confirm” button.
  • If you don’t see a MetaMask pop-up window, click on it and then on ‘Next,’ “Connect,” and “Sign.”

 

 

The procedures for establishing an account have now been successfully completed. Customers and sellers of Axie Infinity items may now begin doing business together!

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Login to MetaMask account.

 

  • After you have validated your email address, you must link your MetaMask account to your message. Select “Account Settings,” then “Attach MetaMask” from the drop-down menu.

 

 

How to Buy Axie on the Marketplace

Axie has made it possible to purchase axies from other players via the use of a marketplace interface. And in order to do so, you will need ETH order to make these purchases.

Here are two approaches you may use to accomplish your goal:

 

  1. To transfer money from your Ethereum wallet to your Ronin wallet, use the Ronin Bridge application. The majority of players use a centralized exchange to deposit and withdraw cash from their MetaMask wallets.

 

  1. You may purchase ETH on Ronin using your fiat currency by utilizing the Ramp Network. Important to keep in mind: the Ramp Network is restricted and not completely accessible in every nation.

 

As a consequence, in order to prevent any delays, you must first establish whether your area is included on the distribution list.

 

 

How to Sell Axie in the Marketplace

This section has two (2) alternatives for selling your axies; the first is to sell them as is, and the second is to sell them as is.

 

  • Fixed Price Sales – The specific price method of selling Axie entails specifying a fixed price, after which Axie will be posted immediately on the Axie Marketplace.

 

 

  • Auction-Price Selling

In an auction, you must decide on the starting price, the ending price, and the length of the sale before the auction can take place.

 

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Source: fifty7tech.com

Nana Yaw Jr.
Nana Yaw Jr.
A Techie with a devoted interest in following trendy tech and writing articles • SEO • Crypto Follower & Investor •Tech Media and other things.

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