To understand which cryptocurrency to choose among the many, you need to study each platform separately. Today we offer you to understand two tokens in more detail.
What is Small Love Potion (SLP)?
Small Love Potion (SLP) is an Ethereum-based ERC-20 gaming token that serves as a digital asset in the Axie Infinity game, replacing experience points.
Small Love Potion Vials (SLP) can be earned by playing the Axie Infinity (AXS) game. Thus, this digital asset acts as a replacement for experience points, which improves the quality of the platform as a whole.
SLPs are ERC-20 tokens and can be used to breed new digital pets known as Axies. The cost of breeding starts from 100 SLP, but gradually increases – up to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth and 1300 for the sixth. Hyperinflation is a dangerous thing, so there is a limit to avoid it – the seventh and last breed of axis is 2100 SLP.
Indicators in the crypto world are changing at the speed of light, so we suggest that you research the market carefully. Smooth love potion price information can be found on our Let’sExchange website.
It may take time for the SLP to accumulate in the game, and the player may need to win 15 competitions to get enough tokens for their first breeding. Buying SLP on the open market is a way for gamers to get a head start.
Listing in-game currency on exchanges like SLP is pretty unusual. In some ways, this is similar to Nintendo’s decision to tie monetary value to the coins used in Super Mario.
Nguyen says Axies differ from other non-fungible tokens in that they need to be grown if they are going to have any chance of reaching adulthood.
In addition, it should be noted that the uniqueness of the SLP token is confirmed by the Binance platform, as it offers this token in its Innovation Zone. The exchange took care of this, so it created a separate category for those assets that can carry a higher risk compared to other tokens.
What is ACH: coin?
The ACH token is the unit of account of the Alchemy system. Merchants who take part in the management of the network of nodes and the payment system of the blockchain project need the ACH token for settlements within the system. Tokens are obtained through mining and as rewards for transactions within the system. ACH holders are entitled to participate in corporate governance activities.
Alchemy Pay (Alchemy) is a blockchain project founded by a team of experienced payment professionals in the traditional financial space with the aim of combating the inefficiencies of the traditional payment ecosystem, including fraud and human error in the reconciliation and settlement stages and complex payment solutions.
Alchemy was the first to develop a universal hybrid fiat/crypto payment system for businesses that can be used in any existing mainstream offline (POS terminals, payment terminals, mobile devices, etc.), online or embedded systems that facilitate successful transactions using electronic and cryptocurrency wallets, as well as credit cards. The hybrid system uses smart contracts to automate reconciliation and settlement processes to minimize the impact of the human factor and combat fraud. ACH price can be studied in detail on our website, which provides up-to-date information on all requests.
In August 2020, Alchemy launched the DeFi platform in its mobile app, thus providing users with the ability to store crypto assets and make payments, access Alchemy’s DeFi services and other third-party dApps that can be deployed on the project platform.