SLP tokens are used as a currency in the famous play to earn the game Axie Infinity. Users earn SLP through battle or adventure mode. SLP can be used to breed new digital pets, known as Axie.
Besides SLP, Axie Infinity has a governance token called AXS, which players can use to determine the game's future direction
The Team Behind SLP
Axie Infinity was founded by Trung Nguyen, the current CEO of Sky Mavis. This Vietnamese gaming studio is building the Axie Infinity game.
Sky Mavis has gone through several funding rounds, receiving funds from several notable investors, including Blocktower Capital and Mark Cuban, to develop the Axie Infinity ecosystem further
Top Value Drivers For SLP
The main reasons to invest in SLP include:
- It is one of the few in-game currencies, that has been listed in an exchange like Binance
- SLP is needed to breed new characters in the game