What Is a Scholarship/Scholar?
In the context of Axie Infinity, a scholarship refers to a system where experienced players, known as managers, lend their Axies (digital pets) to new players, known as scholars, who may not have the resources to own a complete team of Axies required to play the game.
Axie Infinity is a popular blockchain-based game that incorporates non-fungible tokens (NFTs). It has gained significant traction with over 1 million daily active players.
In this play-to-earn game, players use their Axies to engage in battles and earn in-game rewards.
Empowering New Players
Managers provide scholars, who are typically new players, with Axies.
Scholars then play the game using these borrowed Axies and earn in-game currency called Smooth Love Potions (SLP).
They can use SLP to breed new Axies, sell them to other players, or trade them for fiat currency. The rewards earned by scholars are shared with the managers who provided the Axies.
Inclusion and Passive Reward Generation
The scholarship system in Axie Infinity serves two main purposes.
First, it allows new players without sufficient funds to participate in the game and earn rewards.
Second, it provides an opportunity for experienced players who own a surplus of Axies to generate passive rewards by lending them to scholars.
Scholarship Earnings Distribution
Earnings from the scholarship program are often divided between the scholar and the manager based on predefined ratios, such as 60/40, 50/50, or 70/30.
Players interested in obtaining a scholarship can search for guild managers who offer such opportunities.
Each guild may have specific criteria that aspiring scholars must meet in order to receive free Axies and participate in the game to earn rewards.
It’s worth noting that the concept of scholarships and scholars is specific to the game Axie Infinity and may not have the same meaning or application in other contexts.