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Cryptocurrencies/Coins/Smooth Love Potion (SLP)
Smooth Love Potion price, market cap on Coin360 heatmap

Smooth Love Potion(SLP)

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0.00000020 BTC
Market Cap (Rank#165)
8,570 BTC
Vol 24h
695.563 BTC
Circulating Supply
Max Supply
79 days agocryptodaily
Top 3 Ethereum Competitors: Axie Infinity (AXS), Nano ,Gnox (GNOX), set to rise in 2022
Ethereum, the second largest blockchain ecosystem, is a force to reckon with. The technology behind it fosters innovation by enabling the development of DApps. However, major concerns like high gas fees, network congestion, and low scalability have made room for competitors such as Gnox, Nano and Axie Infinity. Nano Launched in 2015 as RaiBlocks, Nano is an open-source, peer-to-peer platform that aims to remove friction in network transactions. It was created to address scalability issues by using a ledger technology that employs a block-lattice data structure to help users transfer value without the intervention of centralized intermediates. Unlike other cryptos, it utilizes a voting system where users can vote for their chosen representative. Instant transactions without any fee and unlimited scalability make NANO a safe choice from a user’s perspective. Furthermore, the delegated PoW (proof-of-work) protocol makes it immune to security breaches because a successful attack is impossible without the attacker controlling 50% of NANO tokens. Axie Infinity (AXS) There is a growing demand for games that combine the excitement of gameplay with lucrative incentives in the form of NFTs and cryptocurrency. Axie Infinity is a platform geared towards building a fully decentralized gaming ecosystem where players manage and govern the protocol. Run by Ethereum-based blockchain, Axie Infinity offers a revolutionary play-to-earn feature where users can monetize their time and earn real money in the form of SLP and AXS tokens. This concept is innovative in a way that anyone can participate in a gaming ecosystem, even without any knowledge about crypto. Given the unique gameplay experience, there’s a lot of potential for future expansion. The exponential growth in the player base is a testament to what this platform can achieve in 2022 and beyond Gnox (GNOX) A new kid on the block, Gnox is an infinitely scalable Defi earning solution built on the Binance Smart Chain. It aims to transform the future of investing with its disruptive “Yield farming As a Service”, a multi-chain aggregator and educational services. DeFi can be complex for entry-level investors, and high gas fees on Ethereum-based applications can make things even worse for them. Gnox identified this gap in the market and came up with a protocol that uses treasury funds to earn rewards on behalf of the users. One has to simply buy and hold $GNOX tokens in their wallets to reap the benefits of every transaction on the network. The project is currently in its presale phase of development, and the contract is set to launch in July. It has been audited by leading blockchain security companies, and several DeFi experts are betting big on it! Find Out More Here: Join Presale: Website: Telegram: Discord: Twitter: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
97 days agocryptodaily
Axie Infinity Updates NFT Marketplace As All-Time Sales Crosses $4 Billion
Axie Infinity, one of the largest play-to-earn blockchain games by volume, has crossed the $4 billion mark for all-time NFT sales. The play-to-earn (P2E) game, launched sometime in 2018 by Vietnamese software studio Sky Mavis, is currently the third-largest NFT platform in terms of sales volume. A new update for its Axie Marketplace was issued today, which features new Origin Art, an updated dark theme, refreshed Land Item art, as well as a slew of minor bug fixes. The game's AXS token has increased by roughly 2,500% compared to the U.S. dollar over the past year. This same energy isn't matched, though, with Smooth Love Potion (SLP), its rewards token for players. The SLP token has been in a steady decline on a year-to-date basis, down by 70% its most recent all-time high. Despite these metrics, the blockchain game project has since capture over $4 billion worth of all-time NFT sales. The current average sale price for Axie Infinity is at roughly $198, with the project's trading floor seeing an estimated 1.9 million active traders. At this price point, Axie Infinity ranks third across NFT projects, next to OpenSea ($21.85 billion) and Looksrare ($16.85 billion). This milestone may be seen as a mark of confidence for the project, despite its Ronin sidechain being subjected to a recent exploit which saw roughly $625 million worth of crypto stolen by threat actors. The funds were then moved to a series of Ethereum wallets, with some of these being controlled by decentralized exchanges (DEXs). Despite the milestone, Axie Infinity's sales have also been in decline, down by at least 40% over the past week. The blockchain game's Ronin network sidechain, which experienced one of the largest hacks in the DeFi industry's history, currently has a total value locked (TVL) of $3.3 billion, while also being down by 15% in the past week. Ronin-based decentralize exchange (DEX) Katana also ranks as the fourth largest DeFi exchange by trading volume, processing over $30.8 million in 24-hour trade volumes with a balance holding $475 million. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
118 days agocryptodaily
FIREPIN Token (FRPN) Looks Set To Replicate 15,000% Gains Of Axie Infinity (AXS) & The Sandbox (SAND)
The world is a rapidly changing place. Each year, individuals make attempts to keep up with emerging technology which can be a little intimidating at times. However, one thing is certain, cryptocurrencies are here to stay. It is preferable to become acquainted with this world sooner rather than later. With Mark Zuckerberg's decision to rebrand Facebook as Meta in October 2021, over 3 billion people worldwide who utilise the services began to wonder what the Metaverse is and how it relates to contemporary society. On the other hand, numerous cryptocurrencies were already connected to the Metaverse and its abundance of social and financial potential. The Sandbox (SAND) and Axie Infinity (AXS) are two such cryptocurrencies that have integrated themselves into the Metaverse and play to earn (P2E) games. After achieving monumental success last year, there are now a plethora of new projects launching all the time trying to repeat the success. FIREPIN Token (FRPN) is an exciting DeFi protocol that is setting the world ablaze with its presale. Play-To-Earn Gaming Axie Infinity (AXS) is a blockchain-based game in which players purchase NFTs that can be then used in-game to their benefit. This popular digital pet community requires you to purchase NFTs called Axies and use them to battle, explore, and breed with other Axies in a completely unique Metaverse world. Players may earn SLP (Smooth Love Potion) tokens during the game, which they can subsequently exchange for real-world currency at any decentralised exchange. Similar to Axie Infinity (AXS), The Sandbox (SAND) is a decentralised NFT game powered by the Ethereum (ETH) network that enables non-technical users to create, sell, use, and monetise their own virtual reality NFTs. The whole in-game economy is backed by SAND, the native coin of the crypto. Both Axie Infinity (AXS) and The Sandbox (SAND) experienced significant price increases last year and made their investors a lot of money in doing so. Setting The Metaverse Alight FIREPIN Token (FRPN) is another cryptocurrency that has recently begun its pre-sale. The token is based on the Metaverse's values of interoperability. Transactions are typically undertaken on a single blockchain in the cryptocurrency realm, and data or tokens cannot be readily moved across blockchains. FIREPIN Token (FRPN) addresses this. For instance, Solana's (SOL) "wormhole bridge" connects its blockchain to Ethereum but not vice versa. FIREPIN Token (FRPN) wants to build a multi-bridge by merging the ecosystems of Binance's Smart Chain (BSC), Ethereum (ETH), Polygon (MATIC), Avalanche (AVAX), and Solana (SOL). The FIREPIN Token (FRPN) presale is about to move into phase two, providing investors with an excellent opportunity to acquire gains before the possibility of considerable growth. This cryptocurrency may follow in the footsteps of industry titans such as Axie Infinity (AXS) and The Sandbox (SAND), with gains of up to 15,000% being a real possibility., If you missed out on the chance to make money with Axie Infinity (AXS) and The Sandbox (SAND), then FIREPIN Token (FRPN) could be your chance to break free from the norm and become a crypto millionaire. Before parting with any of your money, it is wise to research any cryptocurrency you plan to invest in with considerable depth. Find Out More Here: Join Presale: Website: Twitter: Telegram: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
134 days agocryptodaily
Axie Infinity's Ronin Network Exploited, $625m In USDC and ETH Stolen
Axie Infinity's Ronin Sidechain has been exploited, with a yet unidentified threat actor stealing away an estimated $625 million in USDC and ETH. According to a community alert posted by the Ronin Network, the Ronin bridge was exploited for 173,600 Ethereum and 25.5M USDC, or roughly $625 million based on current prices. The Ronin Validators have been compromised by a threat actor whose wallet now holds the amounts indicated. There has been a security breach on the Ronin Network. — Ronin (@Ronin_Network) March 29, 2022 In response, the Ronin Network has decided to halt all operations for the Ronin bridge and Katana DEX. "We are working with law enforcement officials, forensic cryptographers, and our investors to make sure all funds are recovered or reimbursed. All of the AXS, RON, and SLP on Ronin are safe right now," the network's team stated. The security breach was apparently discovered in the morning after March 23rd, with Sky Mavis’s Ronin validator nodes and Axie DAO validator nodescompromised, resulting to the hack and draining the Ronin bridge in just two separate transactions. Ronin Network claims that based on their initial assessments, the threat actor used hacked private keys in order to forge fake withdrawals. The hack was apparently discovered because of a user who was unable to withdraw 5,000 ETH from the Ronin bridge. The Ronin chain includes nine validator nodes that oversee and control transactions, with signatures from at least five of these nodes required to approve all deposits and withdrawals. The exploit was able to overturn four of these validator nodes, alongside a third-party validator managed by Axie DAO. With the raw amounts aforementioned, this latest in a series of exploits in the DeFi sector is currently the biggest sum in a single hack, going over the record $611 million exploit to Poly Network, a cross-chain protocol which was attacked in August 2021. Funds from the Poly Network hack were returned later on. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
167 days agocointelegraph
VOXEL, SLP and ALICE rally after protocol updates and a major exchange listing
Voxies, Smooth Love Potion and MyNeighborAlice overcome the noise to post double-digit gains thanks to protocol updates and a new exchange listing.
180 days agocryptodaily
PDAX Raises $50M For Metaverse Expansion
The Filipino crypto exchange PDAX has raised over $50 million that it plans to channel into creating a regulated plug-and-play solution for metaverse applications and more. Tiger Global Leads PDAX Fund Raise The Philippine Digital Asset Exchange (PDAX) recently conducted its Series B funding round, where a multitude of global investors and VC funds participated. The funding round was primarily led by the New York-based investment firm Tiger Global. Other noteworthy investors who contributed to the round include Kingsway Capital, Jump Capital, Draper Dragon, Oak Drive Ventures, DG Daiwa Ventures, Ripple, UBX Ventures, BEENEXT, and Cadenza Capital Management. P2E Games Led To PDAX Growth The exchange had previously raised around $12.5 million in August 2021. User sign-ups increased 35 times over the course of the lockdowns, and the exchange-listed five new cryptos on February 3. The Chief Operating Officer of PDAX, Kyle T. Kua recently spoke to BusinessWorld about the country’s mass crypto adoption, as well as the enhanced tech knowledge and savvy of Filipinos. Plus, he also acknowledged that the rise of the Play-to-Earn (P2E) segment during the pandemic had played a decisive role in the rapid spread of cryptocurrency across the island nation. He stated, “A lot of Filipinos took time … to start learning about cryptocurrencies and venturing into the space, be it by trading, investing, or playing. Knowing how social Filipinos can be, the interest to create crypto wallets and start playing these games shot up across the Philippines — not just in Metro Manila, but in the provinces as well.” The popularity of P2E games can be attributed to the easy availability of smartphones and other smart devices. Also, the daily revenues of some of these games exceeded the daily minimum wage in the Philippines, which proved to be a better incentive for many. Future Plans Speaking on the funds raised in the latest Series B round, PDAX CEO Nichel Gaba elaborated on future plans. He stated, “This fundraise also helps us expand into new offerings that cater to the growing market of NFT enthusiasts and P2E gamers. We want to be able to provide a smooth and hassle-free crypto experience for guild managers and scholars. We are aware of the many challenges they face right now, and we want to fill in the gap to provide the best on-ramp and off-ramp solutions for converting metaverse digital assets like SLP to PHP.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
181 day agocointelegraph
AXS, RON and SLP surge after Axie Infinity developers revamp the project’s tokenomics
Axie Infinity developers recently announced changes to the platform’s play-to-earn gaming economy, triggering a strong rally in RON, SLP and AXS.
183 days agocryptopotato
SLP Price Skyrockets 40% as Axie Infinity Will Reduce Tokens Supply
Without the changes, Axie Infinity risks a "total and permanent economic collapse," the developers stressed.
195 days agocointelegraph
Axie Infinity devs release governance token for Ronin Blockchain to mixed player response
"SLP still on the ground LOL, if this coin stays like that I'm gonna quit Axie man," said one disgruntled player.
212 days agocryptodaily
$BOV Presale For Ultimate Battle Arena
The grandest Play-to-Earn ecosystem is here!Ulti Arena, the maker of Proof-of-Gaming is set to release a new token called Benders of Valor or $BOV on 19th January 2022. Just as Axie Infinity has SLP tokens, $BOV is the in-game currency and rewards token of Ultimate Battle Arena, a blockchain game on the Polygon Network that allows players to purchase, collect, fuse, and sell Ultimates. Ultimate Battle Arena is a Crypto Collectible Card Game and MOBA-inspired universe where anyone can earn Benders of Valor ($BOV) tokens through skilled gameplay and contributions. It’s a digital collection where players can battle, collect, modify and fuse their Ultimates. Each Ultimate possesses a different set of characteristics that determine their role in the battle. Each Ultimate is a non-fungible token (NFT). They are unique and owned by the user, validated through the blockchain, and its value can be appreciated or depreciated based on the marketplace. Since Ultimates are tokens on a blockchain, they can be bought, sold, or transferred digitally, with a guarantee of ownership. Ultimates have an infinite number of copies on the Marketplace (NFT’s with multiple copies). Each copy has distinct stats stored in a smart contract. What is a Collectible Card Game? Collectible card games are something everyone in their thirties and forties is probably familiar with. No matter if you invested your pocket money in the original Magic the Gathering decks or settled for some less popular and known cards. CCGs were definitely a thing in the 1990s. Now the teenagers from that time are grown up with their own entertainment budgets looking for a thrill they remember from the past. The new digital generation of collectible card games is ready to respond to this need. If, however, for some reason, you still don’t know what the CCGs are, let us start with a short introduction. (If you’ve spent hundreds of hours playing MTG with your friends, you can safely skip this part). The definition from Wikipedia is the perfect place to begin the explanation quest: “A collectible card game (CCG) is generally defined as a game where players acquire cards into a personal collection from which they create customized decks of cards and challenge other players in matches. Players usually start by purchasing a starter deck that is ready to play, but additional cards are obtained from randomized booster packs or by trading with other players. The goal of most CCGs is to beat one's opponent by crafting customized decks that play to synergies of card combinations.” In other words, to be a successful player, you need to combine experience (you need to know how to play) with a deck that’s strong enough and well-balanced. Since the booster packs are randomized, CCGs also come with a slight thrill of gambling. One can never be certain what cards they buy in the next booster pack. The History of CCGs The most popular and well-known of all collectible card games is Magic the Gathering. Many claim that the genre was actually born with it. While it is mostly true, ideas are not conceived out of nowhere. There were collectible cards before Magic, and some of them were used to play games. Yet, it was Magic the Gathering that first combined all the elements that we now call the Collectible Card Game. It’s interesting to take a look at what Magic was inspired by. So we invite you to start the journey into the world of CCGs from there. Ulti Arena is a SLEEPING GIANT and has the growth potential of The Sandbox and Axie. Here’s why… As if it’s not enough yet, Ulti Arena has added a new Advisor to their already impressive fleet: SEBASTIEN BORGET, Co-Founder and COO of The Sandbox just joined the ranks, together with CHARLIE HU (Head of Polygon China), ARI LAST (VP for Business Development at Simplex), among with many others! Their advisors are fundamental to the growth, expansion, and notability of Ulti Arena, as they will support the project by providing industry knowledge, expertise, and connections in terms of marketing, sales, business development, Tier 1 exchange listings, and product scaling. Visit the official website to learn more about how you can participate in the pre-sale and get whitelisted. You can read the FAQ here: Join the Ultimate revolution! Discord: Telegram :Twitter:Medium :
232 days agocryptodaily
Leading DAO for NFTs and Play2Earn Gaming Astra Guild Ventures Launches on Various Leading IDO Platforms
Astra Guild Ventures is a thriving DAO prepared to take the world of NFTs and play-to-earn games by storm. The project recently collaborated with a number of the industry's leading IDO platforms to conduct the launch of its initial decentralized exchange offerings. AGV launched its IDO on CopperLaunch, YellowRoad, LunaPad, Playpad, MultiPad, DAOstarter, DAOLand, BSCMemepad Oxbull, Krystal, Erax, Maison Capital, Lithium and its native AGV launchpad. The IDO launches will help streamline users by delivering a secure trading platform support that is built into a single interface while exhibiting an opportunity for different blockchain communities to invest in Astra Guild Ventures. Through its massive IDO launches, AGV is geared towards propelling more adoption of NFTs, widespread use of P2E games for profitability, and mainstream acceptance of innovative blockchain projects in its ecosystem. The DAO aims to build a global community of investors, tech leaders, NFT and blockchain enthusiasts, and P2E players and its massive IDO events suggest a great start. AGV will also be launching its DAO Governance Board soon. This is to ensure that AGV holders can propose and vote changes on the DAO’s rules and decisions. This makes AGV one of the first NFT gaming guilds in the crypto and blockchain industry to fully launch a decentralized platform. Following its initial DEX offerings on various launchpads, the project is working towards creating a completely decentralized network that will bolster the adoption of P2E games, and promote blockchain technology in general. Redefining the Future of Play2Earn Gaming Projects As blockchain-based gaming and play-to-earn initiatives become increasingly popular, they have piqued the interest of crypto investors, digital creators, and P2E players with a plethora of investment opportunities stemming from different facets in the space. As a crypto investor, the chances are you are way too inhabited to learn the concept of NFTs or even play the P2E games. Players, on the other hand, maybe fully active in the NFT space but lack the funds to afford any asset. AGV brings a brilliant idea that bridges the gap between investors and players, providing solutions to both parties resulting in a win-win situation. Astra Guild Ventures (AGV) is an innovative and game-changing Decentralized Autonomous Organization that revolves around non-fungible tokens, Play-to-earn games, and other viable blockchain projects. As a DAO, AGV is looking to create an ever-growing community that promotes a platform for NFT investors and P2E players to maximize their earning potentials in the space. AGV is one of the leading gaming guilds in the world. It is the first-ever guild to completely disclose earnings through a real-time dashboard and publicly available assets. The project is one of the fastest-growing NFT Guilds in the world with more than 2,000 Axie Infinity scholars and managers. According to the official statement, its just-concluded private sale round raised a total of $3 million and it secured $2.3 million in its seed funding. AGV records over 190,000 SLP daily and earns an average income of $800,000 every month. With strategic partners such as Delta hub, Crowdcreate, Encrypted Investments, 3M Capital, GDA Capital and others, AGV is striving to become a highly valuable DAO in 2022 by capitalizing on the increasing adoption of NFT assets, blockchain-based games, and other related projects. With the rise of NFT games, Astra Guild Ventures intends to capitalize on the $2 billion growing NFT industry. The project is gearing up its marketing initiatives and has released its whitepaper in the public domain. With the mission to create a transparent virtual economy, AGV aims to unleash the true potential of NFT Play2Earn games. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
252 days agocryptodaily
Thetan Arena goes to number 1 in play-to-earn games on App Store
As the crypto bull market prepares itself for potentially the final leg to the blow-off top, blockchain gaming is jockeying for position to become the absolute tip of the spear in the bull run, and Thetan Arena is setting this trend by becoming the top play-to-earn app on the Apple App Store. Play-to-earn gaming has absolutely mind-blowing potential for the future of gaming in general. Everybody likes to play games, and the gaming sector has grown massively over the last decade. However, you factor in earning potential into your game and you are looking at spectacular adoption, as players start making gaming their primary source of income. You only have to look at Axie Infinity, a fairly simple game when you boil it down, but first mover advantage has enabled this game to grow into a $9.2 billion market cap ecosystem that draws in 121 thousand daily users that transact a daily volume of $51.5 million, according to Dapp Radar. Some say that Thetan Arena can grow to match Axie Infinity. It currently has a self reported market cap of just under $400 million, and a max supply of 420 million THG, the native governance token of the ecosystem. According to Coinmarketcap, the entire supply is already circulating. With a daily trading volume currently recording a value of $36 million, Thetan Arena is already more than half way towards Axie’s daily trading volume. You compare the two market caps and their respective trading volumes and even if maths isn’t your long suite, you can see that Thetan Arena has a whole lot more potential to grow. So what about the earning potential for the game? Rewards and earnings are paid out in Thetan Coin (THC), which is the other token in the Thetan Arena ecosystem - much like the Smooth Love Potion token (SLP) in Axie Infinity. According to a recent article on, a basic player can earn around $20 per day playing the game, with fairly minimal effort: “At the current price of $0.05903 per SLP, a basic player can earn around $20 per day with minimal (but diligent) effort.’ In order to have an idea of the earning potential of Thetan Arena, it would be good to see yesterday’s Hustlepedia YouTube video. This gaming expert is recording the income that he makes every day from playing the game. After the first two days he records a value of 290 THC, which equates to $183 at today’s THC price of $0.65. He does say though that he did not use up his full quota of games on either day, but that to start with it is easier to earn the tokens. He says that as you level up and get better, you are playing better players and so therefore it becomes more difficult to achieve the wins. He says that his original outlay before starting the game, was for three characters. These cost him a little over $1000. So if he continues at his current earn rate, it will take him possibly 10 days to win back his initial outlay. The Hustlepedia gaming expert shares his strategy on the potential of the Thetan Arena game: “I will personally be looking to accumulate more heroes after this trial run, and during this trial run, to stack up heroes in preparation to scale up in a scholarship program, where my assets are being utilised by players who are actually earning in the economy, and using the game to play to earn.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
254 days agocryptodaily
UniX Gaming Fundraise Has Officially Reached $28 Million
UniX Gamingwant to thank all their early supporters and investors for the amazing achievements they have made so far. They have extremely well-chosen partners on board who can create a more accessible space and share a long-term vision to conquer the Metaverse industry together as a strong alliance. UniX has had amazing success so far and have already completed their $10 million target raise — $8 million from their private sale and over $22 million on Copper Launch. UniX Gaming has a number of strong backers such as LD Capital and AU21 to name a few, these are two of the largest investors in the Metaverse space. LD was an early investor in Big Time, Star Atlas, and ImmutableX, and AU21 was an early investor in Axie Infinity, Chainguardians, Splinterlands and ThetanArena. In addition to these, they also have investment from Akash Network, Pluto Digital, Master Ventures, Synergia Capital, Akatsuki Inc, Paid Network, Scrypt, Banter Capital, Argo Blockchain, Base Two, Unvest, The Club, Guide Education, and Tuition Kit — more details on these are below. This strong advisory team have supported them all the way through to their present stage and will continue to help them grow further. UniX are extremely proud to have the likes of Kyle Chase, Eka Darville, Norman Wooding, Sylvan Martin, Tobias Sperrin, the Professor and Maziar Sadri, alongside their friends, Crypto Banter, and supporters of their project Alex Becker, and Cameron Fous. Fair Launch UniX Gaming finished their launch on the Copperlaunch Auction “BLPB on the 26th November and now $UNIX will be listed on Uniswap where the $UNIX journey continues and is live to the public. Staking UniX Token holders will be able to take advantage of their Staking & Farming rewards which will be enabled shortly after the launch. More information will follow, so please follow theirUniX Token telegramcommunity for exclusive news and updates about the UniX play-to-earn revolution. It is Time to Build UniX Gaming will now focus on building their Roadmap and expanding their core business — “The Community.” With the anticipated results of their current fair launch, UniX Gaming is aiming to reach 10K Scholars by Q1 22, which would earn them a minimum estimated gross SLP Return of $1.2M monthly. UniX will also be investing into a large quantity of in-game NFT’s for Yield Generation and scholar use an example being their partnership withBig Time Studio. UniX Gaming are also excited to start working on their YouTube presence where the game streaming range currently has 400k followers across all UniX’s Streamers. Their target is to increase this to 2M followers by the end of Q1 22. One of their main focuses will be on partnerships within the gaming space that can offer UniX Community additional services and support new projects that have strong infrastructure and visibility. Their skilled and experienced research & development team will be analysing and giving insightful knowledge on the latest trending play-to-earn games. They will educate the community by providing them the best strategy to maximise their potential for all new games. There will also be a learn-to-earn education channel called “UniXVersity” this is a free education offering for people in developing countries who do not have access to this type of resource, and this certainly will be the first of its kind! Their IGO Launchpad will onboard new gaming companies, where UniX Gaming will endeavour to use their knowledge, expertise, and community to help them grow rapidly and successfully with all fundamental elements in mind: “Players, Streaming, Marketing and Community Building.” UniX Gaming believes in creating lifelong successful partnerships for the Metaverse future. UniX Gaming is looking to add increased utilities for the DAO and Community, whilst continuously trying to build on expanding in the Metaverse and hitting their milestones on the roadmap. Who are their partners: LD Capital:LD Capital is a leading investment firm based in China that is focused on blockchain investment, securities, equity investment, and trading. LD Capital has invested in more than two hundred companies, multiplying its returns 100-fold. It invests in over $100 billion of assets and has self-owned assets of $1 billion. Banter Capital:Banter Capital identifies and supports new crypto projects that have potential to succeed and serves as the venture capital arm associated with theCrypto Bantersocial news platform (480,000+ YouTube subscribers), led byRan Neuner. Akatsuki:Akatsuki, which, was established in 2010, has developed dozens of games and is a co-developer of the popular game “Dragon Ball Z: Dokkan Battle”, which has been downloaded more than three hundred million times globally. Akatsuki will be critical to helping UniX Gaming launch its own game, “Unity,” which is currently in its preliminary stages of development. Akatsuki is listed on the Tokyo Stock Exchange and has more than 1,000 employees globally. The company’s revenue surpassed $3 billion this year. Akatsuki in 2017 launched “Akatsuki Entertainment Technology” to support entrepreneurs that combine entertainment and technology. AU21:AU21 Capital was founded by Chandler Guo andKenzi Wangin 2017 with the mission of backing the most promising blockchain entrepreneurs and providing founders with resources and connections to succeed. Argo Blockchain:the Nasdaq & LSE listed company are committed to powering the blockchain technology as it continues to grow and influence our global economy. Synergia:Synergia Capital is a thesis-driven investment firm that applies quantitative asset management to digital assets. They take a risk-based approach to decentralized finance (DeFi) asset management, aiming to generate stable and substantial returns while preserving capital. They manage several quantitative strategies in public crypto markets. They have also launched a venture strategy with the mission of seeding and enabling the most promising blockchain entrepreneurs. They seek to back exceptional founders, leveraging our market expertise, network, and resources to optimize for their success.Their teamcombines deep digital assets expertise spanning DeFi asset management, venture capital, prime brokerage, and smart contract security. Pluto Digital:Pluto Digital PLC is a crypto technology and operations company that makes Web 3.0 Decentralised Finance (DeFi) more accessible to all. Pluto’s mission is to make DeFi more accessible to everyone. SL2 Capital:SL2 invests across all stages and sectors, with a focus on Web 3.0 and distributed ledger technology. Master Ventures:Master Ventures is a blockchain-focused Venture Studio building the next generation of infrastructure companies to drive blockchain adoption. Notable investments include Coinbase, Kraken, Bitstamp, and Ripple amongst many others. Tuition Kit:Tuition Kit creates a range of learning, development, and guide-powered products that are used nationally and internationally by hundreds of institutions including Loughborough College and Royal Free Hospital Children’s School. Guide Education:Guide Education creates products that support lifelong learning in any industry and at any age. They will be collaborating with us at UniX to help create our revolutionary education platform. PAID:PAID Network is an ecosystem DAPP that leverages blockchain technology to deliver DeFi powered SMART Agreements to make business exponentially more efficient. It is also a launchpad and has released a variety of ground-breaking projects including Aioz, Splyt, and Shadows. Unvest:Unvest is the open multi-chain DeFi protocol for trading locked tokens. Free, fully customizable Vesting and Distribution for project owners. Akash:Akash Network is the world’s first open-source cloud. They have created a system that is censorship-resistant, permissionless, and self-sovereign, and set to change how the world stores its data. Alex Becker:Alex Becker is an American entrepreneur, author, and speaker, who is well-known and a powerful entrepreneur behind successful brands likeSource WaveandMarket Hero. He is also known for his YouTube videos and Shopify training programs, where he teaches about entrepreneurship and marketing, and he has a significant following in the crypto space. Eka Darville:After 14+ years working at the highest levels in Hollywood, Eka’s unique skill set sits at the intersection of business and creativity. The rise of NFT’s saw these two worlds come together in spectacular fashion. As a long time, Bitcoin advocate and self-described freedom maximalist, Eka was primed to be an early mover in the space. Eka’s core passion is leveraging NFT’s and blockchain technology to empower artists, creators and the financially excluded. (Netflix. Marvel. Disney.) Carl The Moon:Carl Eric Martin, who is better known asThe Moon Carl, was only 24 years old when he started posting daily Bitcoin videos. Now with over half a million subscribers on YouTube, he is one of the most knowledgeable and experienced influencers in the cryptocurrency space. 6K Starter:Professional angel investor group and community builders in the Cryptoverse. They are enthusiastic about investing in companies and projects that are contributing to the adoption of cryptocurrency. The Club:The Club Guild is also a Play to Earn guild that is aiming for the stars and its members are pioneers of the Star Atlas Metaverse and Play-To-Earn gaming space. BaseTwo:BaseTwo Capital is a Cayman Islands based fund focused on providing an institutional grade investment vehicle for digital assets. Scrypt:Scrypt is a crypto asset management firm and a pioneer in the institutional adoption of digital assets. Scrypt also builds innovative investment products, from systematic arbitrage, alternative income, and high growth strategies with correlation to other asset classes. Yogilab:Yogilab combines the worlds of business and spirituality in one place to encourage positive change both individually and within society at large. There other supporters are: Crypto Round Table Atiom UniX has a seriously ambitious mission, but by looking at the above there is no doubt it has theadvisers and partnersto get it there! Join the Unix Gaming Community. Website|Medium|Discord|Telegram|Twitter|Instagram|Twitc Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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UniX provides a fair and incentivized earning method, with scholars receiving 50% of the profit they earn and 50% going to the company to create more scholarships and further opportunities for people. UniX is redefining what “community” means in the gaming space, with plans to eventually provide benefits like pensions and healthcare to its scholars in developing countries. Social impact is at the core of Unix’s mission. Learn-to-earn: providing further opportunity Unix will also introduce a learn-to-earn component, allowing the platform to improve lives not just through providing additional income streams, but also by providing education. Unix is building an education platform to provide internationally recognised and accredited subjects such as English and Maths in addition to cryptocurrency literacy and training in the Play2Earn space. 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Besides, Yiu is considered the 63rd richest in the China Rich List. Yiu is the key person of Huabao International Holdings (HIH), a company that she founded in the year 1996. Norman Wooding & Sylvan Martin from Scrypt, a team that consists of quantitative traders, digital asset experts and capital market professionals who have developed their talents at some of the world’s largest and best-known global financial institutions. YouTube channel UniX’s CEO Mirko Basil and Co-Founder and Head of Education Joe Moore will personally be developing UniX’s YouTube channel, helping to further popularize UniX and spread its mission. Mirko is a veteran pro gamer and metaverse designer, while Joe is the founder and CEO of Platinum University, which helps people learn investment and entrepreneurial skills. Together, they will create a fun and informative channel, with content ranging from gaming footage from educational content. UniX are partnering with one of the biggest online education platforms in the UK to ensure this is done to the highest standard possible. More details to follow on this announcement shortly. UniX’s future UniX is primed to be the next big player in the gaming space. It already has similar stats to competitors Merit Circle and YGG without having launched its Balancer Liquidity Bootstrapping Pool (BLBP; more on that below). UniX has more than 180,000 Discord members and just over 1000 Axie Infinity scholars. Merit Circle has more than 25,000 Discord members and about 1,400 Axie Infinity scholars. Merit Circle raised over $100 million during its BLBP. You can do the math and see that UniX’s BLBP is sure to be a success. UniX’S BLBP Everyone should want in on UniX’s BLBP on November 23rd. On that day, UniX will be allowing everyone to get their hands on $UNIX tokens -- a decentralized governance token designed for investors to have a slice of the UniX cake. 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About Smooth Love Potion

The live price of Smooth Love Potion (SLP) today is 0.004914 USD, and with the current circulating supply of Smooth Love Potion at 43,017,333,105 SLP, its market capitalization stands at 211,390,358 USD. In the last 24 hours SLP price has moved 0.000182 USD or 0.04% while 15,198,624 USD worth of SLP has been traded on various exchanges. The current valuation of SLP puts it at #165 in cryptocurrency rankings based on market capitalization.

Learn more about the Smooth Love Potion blockchain network and how it works or follow the price of its native cryptocurrency SLP and the broader market with our unique COIN360 cryptocurrency heatmap.

Smooth Love Potion (SLP) is the utility token of the play-to-earn blockchain game Axie Infinity where players battle with each using creatures called Axies. The Pokemon-inspired universe was developed in 2018 by Sky Mavis, the Vietnamese game development studio. Axie Infinity went viral in 2021, adding millions of users and making headlines as the biggest NFT game in major financial media outlets like Bloomberg.  

Axie Infinity was only able to scale up successfully after Sky Mavis built Ronin, a custom sidechain to avoid Ethereum’s network congestion. Slow transactions and high gas fees hampered gameplay and hindered the game’s growth. Sky Mavis solved this issue by transferring Axie Infinity to a gasless chain tailored for the game in May 2021. 

In Axie Infinity, players collect, breed, manage, battle as well as trade NFT-based creatures called Axies. The game features a two-token model, where Axie Infinity (AXS) serves as the governance token, while Smooth Love Potion (SLP) acts as the in-game currency. Users spend SLP to breed Axies and receive SLP for winning battles with other players. 

Axie Infinity pioneered the Play-to-Earn model as we know it, putting in-game assets on the blockchain and adding financial incentives for players. Axie Infinity’s game mechanics were emulated by hundreds of other teams, thereby giving rise to a new sector in the crypto market - user-centric blockchain gaming. 

SLP price

Ассording to our SLP USD live price chart, Smooth Love Potion crypto did not see any major movements until it surged roughly 4,800% in the week when the Axie Infinity revealed its new roadmap, in July 2020. The team announced plans to build a sidechain for the game and add more gameplay elements. The number of active players tripled following the announcements. The bullish breakout was short-lived though, and SLP pared most of its gains soon. 

The price of SLP coin rallied again in August 2020 when the team revealed the kick-off of the native governance token AXS, but SLP did not set a new all-time high. Barring a few brief rallies, SLP traded sideways until late April 2021. 

The price of SLP token skyrocketed 10x on the week when the Axie team initiated migration to the Ronin network, reaching a new all-time high of around $0.4. The bullish action could not continue, however, and SLP plummeted to a local bottom at $0.08 by late May 2021. 

SLP witnessed its last major rally in July 2021. The price of SLP spiked amid growing demand for the in-game currency from players and probably speculation on Axie Infinity’s phenomenon. Listings on major exchanges also helped the coin climb higher. 

Thereafter, SLP price took a nosedive, plunging to levels that hadn’t been seen since June 2020 and trading 99.8% down from its all-time high. Similarly, Axie Infinity’s AXS governance token fell from its all-time high of about $166 in November 2022 to around $13 in June 2022. 

How SLP works

Smooth Love Potion (SLP) is an ERC-20 token for in-game purchases inside the Axie Infinity’s ecosystem. SLP tokens also serve as the major source of income for players. 

Unlike its sister token Axie Infinity (AXS), SLP can’t be used for governance purposes. Smooth Love Potion holders can’t vote on the community proposals, and can’t create posts in Axie Infinity’s forum either, as per the recent update. 

Axie Infinity players are, however, rewarded with SLP for winning competitions in the game. This is where the difference between traditional gaming and the play-to-earn movement lies. Even though Axie Infinity users need some capital to assemble a team of Axies and join the universe, they get paid for actually playing the game. Yet, the amount of SLP tokens users can earn a day is limited.

The play-to-earn model also implies that every time a player is rewarded with SLP the total token supply increases, adding pressure on its value. This can disincentivize players to continue playing the game as they earn less in the long term and may quickly cash out their tokens to avoid inflation-driven price drops. 

Whilst the supply of SLP is not capped, burning mechanisms were created to curb SLP inflation. Specific user actions destroy SLP and reduce the number of tokens in circulation. As such, Smooth Love Potion (SLP) has to be burned each time players breed new Axies. 

Players can also sell their Axies in exchange for SLP tokens on the in-game marketplace. The amount of tokens in circulation remains the same in this case as no new tokens are minted or burned. 

However, the tokenomics model of SLP turned out to be flawed. The mint-to-burn ratio was too large, with around 4x more SLP created per day than burned. This caused the token to spiral into hyperinflation amid the record rewards emission in the blockbuster year of 2021. 

The team behind Axie Infinity had to completely revamp the SLP rewards structure by the time the game reached its peak of nearly 2.5 million daily users in early 2022. 

SLP news, updates and highlights

In order to counteract the oversupply issues, Axie Infinity cut SLP emissions substantially under its game upgrade released on Feb. 3, 2022. The upgrade eliminated SLP rewards for completing daily quests and fighting monsters in the adventure mode in an attempt to sharpen users’ focus on the player-versus-player (PvP) mode. 

These restructuring measures marked Axie Infinity’s move to a high-skill game economy, but it appears that the transition did not have the desired effect. Instead, the modification exacerbated the decline of active users that started in November 2021.

The number of in-game battlers have plummeted following the upgrade activation, down from 2.176 million in the week prior to the pivot to just 0.517 million in mid-June, as per Axie Infinity’s data. Axie Infinity was also not able to strike a balance between the SLP issuance and burn, as evidenced by the token’s performance. 

In March 2022, Axie Infinity’s Ronin bridge to Ethereum was exploited for more than $600M worth of assets. However, helped by Binance and its own balance sheet, Sky Mavis has proven its commitment to reimburse all the affected users.

In June 2022 Axie Infinity announced the winners of its first Builders program grantees, choosing 12 projects for the first batch. In an effort to get back the users that left the game over the span of 2022, the team is in the process of adding more community-generated content to its ecosystem and building new gaming experiences. 

It’s now not clear whether SLP would be ever able to return to its peak price levels. While the immense popularity of Axie Infinity may be gone for now, the team behind the game is actively experimenting with game mechanics to woo more players. 

Yet, it’s safe to say that SLP may continue to decline until Axie Infinity finds sustainable ways to burn the excessive supply. No play-to-earn game has deployed a largely balanced tokenomics model yet, and it remains to be seen whether Axie Infinity can pioneer a sustainable gaming economy.

Frequently asked questions about SLP

  • Can you mine or stake SLP?

No, you can not mine or stake SLP. Instead, you can earn SLP by playing Axie Infinity. You’ll then be able to claim your SLP rewards and transfer them to your wallet. 

  • What are some of the best SLP wallets?

The Axie Infinity team encourages using the native Ronin wallet available in both desktop and mobile versions to store your SLP tokens, as well as AXS tokens and in-game NFT assets. You can also use any other crypto wallet compatible with the ERC-20 tokens such as MetaMask and Trust Wallet.

  • What can you do with SLP?

You can obtain SLP by fighting other players in the Axie Infinity universe. You’ll be able to spend your SLP to breed new Axies in the game and continue playing, or you can sell it in the open market. You can either trade your SLP for money on the Ronin-based Katana DEX, on Uniswap if you transfer your SLP to the Ethereum network using the Ronin bridge, or you can trade your SLP on centralized exchanges. 

  • How to buy SLP? 

You can buy SLP on all the major crypto exchanges like Binance, KuCoin, and MEXC, among others. You can also use the Ronin network’s native DEX Katana for SLP purchases.

Smooth Love Potion Price0.004914 USD
Market Rank#165
Market Cap211,390,358 USD
24h Volume17,156,516 USD
Circulating Supply43,017,333,105 SLP
Max SupplyNo Data
Yesterday's Market Cap209,174,350 USD
Yesterday's Open / Close0.00468 USD / 0.004863 USD
Yesterday's High / Low0.004918 USD / 0.004578 USD
Yesterday's Change
0.04% ( 0.000182 USD )
Yesterday's Volume15,198,624 USD
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
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