Smooth Love Potion
Name
Smooth Love Potion
Summary
Smooth Love Potion (SLP) tokens are earned by playing the Axie Infinity game.
This digital asset serves a replacement for experience points.
Rating
Symbol
SLP
Overview
Smooth Love Potion (SLP) is a type of digital money found in the Axie Infinity metaverse game. It allows users to breed Axies, which are collectable digital creatures in the game. SLP tokens have increased in popularity to the point that they are being traded on cryptocurrency exchanges.
The most common way to obtain potions is to receive them as a prize after winning a game in Axie Infinity.
Historical Price Movement (in INR)
Technology
SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies. The cost of breeding begins at 100 SLP but increases gradually — rising to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth and 1,300 for the sixth. Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace.
Use of Native tokens in the ecosystem:
The SLP coin has value both in the Axie Infinity metaverse and in the larger crypto market, due to the gaming economy ‘play-to-earn’ concept. Basically SLP is different from most of the other in-game currencies because the token is exchanged on decentralized SLP token exchanges. It can also be exchanged for a landmark traded on Axie Infinity and the Axie marketplace, as well as on the metaverse and NFT markets.
Token Allocation
NA
Volume ( as of 9th May 2022)
$108,796,748
Total Supply
No Limit
Circulating Supply
39,950,978,613 SLP
Crowd Sales
NA
Funding
NA
Country
NA
Name of Organisation
NA
Year Incorporated
2020
Registered Address
NA
Dispute Resolution and Governing Law
NA
Country Risk Assessment
NA
Founding Team
| Name | Designation | Education | Experience |
| Trung Nguyen | CEO | FPT UniversityB.S Computer Software Engineering | 4 yrs |
