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  • Smooth Love Potion SLP
  • ( 4.76 % )
  • Rank #327
  • Coins

₹0.377

₹ 0.377

Contracts : Ethereum : 0xCC8...6cAAa25   

  • Rank #327
  • Coins

Market Cap

₹13.67 B 5.3051%

Circulating Supply

41369200000

Max Supply

--

Volume

₹1.28 B

All Time High :

₹29.77

All Time Low :

₹0.1084

Price change in 24H :

₹0.01768

24H High :

₹0.3327

24H Low :

₹0.312

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Smooth Love Potion (SLP) Price Live Chart


Smooth Love Potion (SLP)

Smooth Love Potion (SLP) tokens are rewards earned by engaging in the Axie Infinity game. Acting as a substitute for experience points, this digital currency holds a key role in breeding new digital pets called Axies.


What Is Smooth Love Potion (SLP)?

Operating as ERC-20 tokens, SLP allows players to initiate breeding by spending varying amounts, starting from 100 SLP and gradually increasing with each subsequent breed. The cost follows a tiered structure: 200 SLP for the second breed, 300 for the third, and so on, reaching 2,100 SLP for the seventh breed. This tiered system aims to maintain marketplace stability by preventing excessive inflation.

Earning SLP within the game requires time and dedication, as winning 15 competitions might be necessary to gather enough tokens for the initial breed. Alternatively, players can opt to purchase SLP directly from the open market to fast-track their progress.


Founders

An important query revolves around the inception of Axie Infinity: Who was its founder? Steering the game's company is Trung Nguyen, who made a significant shift from his role as a software developer in the U.S. to spearhead this project.

Nguyen's inspiration stemmed from his frustration with the lack of true ownership for players in popular game titles. In an interview with Blockchain Gamer, he shared that exploring blockchain's potential in gaming became his pursuit. He highlighted Ethereum's pivotal role in enabling the creation of his envisioned 'dream game.'

Detailing the breeding process, essential for utilizing SLP, Nguyen aimed to ensure familiarity for players experienced in collectible games like CryptoKitties.


UseCases / Uniqueness

It's quite uncommon for in-game currency to appear on exchanges like SLP does. It's comparable to Nintendo assigning real value to the coins used in Super Mario.

According to Nguyen, Axies stand out among other non-fungible tokens due to the care they require for potential adulthood.

SLP stands out as well because it's among the rare in-game tokens listed in Binance's Innovation Zone. This zone is specifically for assets with higher volatility and risk compared to other tokens.


Network Security

Smooth Love Potion isn't hosted on its own blockchain; rather, it operates as an ERC-20 token running on the Ethereum blockchain.


Latest Development

Coming Soon…


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