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Binance Offers Full Scholarships for Axie Infinity Gamers By BeInCrypto

© Reuters. Binance Offers Full Scholarships for Axie Infinity Gamers

The world’s largest exchange, Binance, announced a few minutes ago that it will offer gift scholarships for the popular blockchain video game Axie Infinity.

Through an official statement made on the night of September 6, Binance noted:

“We are pleased to hear that our community enjoys the Play and Earn mode that games like Axie Infinity provide. In order to promote accessibility to gambling in Latin America, we will begin to raffle off full scholarships, where the winners will have full access to these accounts and their production ”.

Source: Twitter (NYSE 🙂

Scholarship characteristics

Binance highlighted via Twitter that users must explain via tweet why they want to win the full scholarship, tag @BinanceES and use the hashtag #Binance.

The exchange also points out, as a bonus:

“Make a video explaining the integration of the Ronin network on Binance and how it benefits Axie players. You can publish the video on Instagram (BinanceSpanish) or Twitter (BinanceES) by tagging our official profiles next to the HT #Binance ”.

At the same time, the user must make repost to the Binance publication, at the same time indicating that they will classify the:

“Videos and tweets that have in their description the hashtag #Binance and the label of the official Binance profile in Spanish of the social network used.”

The world’s largest cryptocurrency exchange also lists some terms and conditions to keep in mind:

First, the ownership of the user’s video will remain with the user, but you must acknowledge that you transfer the copyright of the video to Binance. The exchange will have the right to copy, edit, display and publish the videos.

On the other hand, tweets and videos issued between September 6 and September 16 and that do not violate the rules of coexistence of the social network used will be taken into account.

Source: Binance

Binance and Axie Infinity

Binance has made every effort to exploit the potential of the popular video game. On September 2, it was announced that Axie Infinity players would be able to exchange their native AXL and Smooth Love Potion (SLP) tokens on Binance after the integration with Ronin.

Thanks to the initiative, the use of the Ronin network to move the tokens promises to reduce transaction costs, responsible for consuming a good part of the income of Axie Infinity players.

Due to the popularity of the video game and the high costs to start in that interesting world, if the gamer does not have the initial capital to buy Axies, there is the option to enter Axie Infinity through agreements called scholarships.

This is a program where people who don’t have the time or skill to play assign the task to expert players. Basically, it is like a business partnership.

While the players invest their time in the game, the owners invest the initial capital. The rewards they generate from the game are divided according to an agreed ratio.

Binance takes an important step towards the adoption of blockchain video games, what will come next?

Continue reading on BeInCrypto

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Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: [email protected] Phone: +1 513-209-1700

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