What is a Small Love Potion? Small Love Potion (SLP) is a cryptocurrency used in Axie Infinity, one of the popular blockchain-based gaming projects. In this article, you can find answers to frequently asked questions such as what Small Love Potion is, what it offers, how to buy SLP coin, where is it listed, what is it used for. As Kriptokoin.com, we have prepared it for our curious readers. Let’s examine the project together.
What is Small Love Potion? What does SLP do?
Small Love Potion (SLP) is a token designed for use in the popular metaverse game Axie Infinity. Axie Infinity is a card game where players earn NFT and AXS token rewards by breeding and fighting creatures called Axie. The game is built on the Ethereum Blockchain and is currently one of the most popular blockchain based games. The SLP coin, created with the ERC-20 smart contract, is a token used for various purposes in this game.
Players can use Small Love Potion to purchase a potion of the same name and various genetic items in-game. The Small Love potion is used to produce the creatures named “Axie” in the game. Every Axie is also an NFT and these items can be traded. Users can earn income by selling the Axies they produce through SLP on the platform’s NFT market. The game has the possibility to create millions of different genetic combinations. This means that unique Axies can be created. In addition to all this, there are some in-game items that can only be obtained with the Small Love Potion. These objects are used to conquer other worlds in the game.
What are the advantages?
- Users holding the Small Love Potion can generate NFTs. These NFTs can be sold on Axie Infinity’s NFT marketplace. Users can earn SLP coins by selling NFT.
- Unique Axie NFTs with new genetic combinations can be purchased with SLP. These unique Axies can be used to level up in-game.
- Axie Infinity users can transfer cryptocurrencies between wallets in a short time via SLP. The platform is pretty fast.
- The game token is listed by many cryptocurrency exchanges. This is a rare occurrence with in-game tokens and is critical to the adoption and value of SLP.
What are the disadvantages?
- Small Love Potion is mostly used for NFT production. It does not appeal to investors who want to make money with buy-sell transactions. Instead, it is suitable for long- and medium-term investors.
- SLP coin’s price and adoption are dependent on metaverse game Axie Infinity. Any negativity that the Axie Infinity game may experience directly affects SLP.
What is Small Love Potion? How to buy SLP coin?
SLP coin currently; It is listed by crypto currency exchanges such as Binance, OKX, Bybit, FTX. Users who want to purchase Small Love Potion tokens must be a member of one of these exchanges. Investors who are fully registered members and deposit funds into their wallets can purchase the token.