| Revision as of 16:39, 17 July 2021 editNintendoswitchfan (talk | contribs)Extended confirmed users6,187 edits →Description← Previous edit | Revision as of 16:45, 19 July 2021 edit undo24.100.46.156 (talk) →Description: Added clarity and cautionTags: Mobile edit Mobile web editNext edit → | ||
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| In November 2019 Sky Mavis raised ~$1.5M to accelerate the development of Axie Infinity. The round was led by ] with participation from Hashed, Pangea Blockchain Fund, ConsenSys, and 500 Startups.<ref>https://medium.com/axie-infinity/sky-mavis-raises-1-5m-to-accelerate-the-development-of-axie-infinity-d43bb95f4985</ref> | In November 2019 Sky Mavis raised ~$1.5M to accelerate the development of Axie Infinity. The round was led by ] with participation from Hashed, Pangea Blockchain Fund, ConsenSys, and 500 Startups.<ref>https://medium.com/axie-infinity/sky-mavis-raises-1-5m-to-accelerate-the-development-of-axie-infinity-d43bb95f4985</ref> | ||
| This, and many other crypto based items, are extremely volatile and subject to government regulations. For the most part, it's only early investors, or creators, who make substantial amounts of money. In this regards it might be considered something akin to "ponzi", or "pump and dump" schemes, where the later one enters the less money one makes (or greater amount one loses). | |||
| ==See also== | ==See also== | ||
Revision as of 16:45, 19 July 2021
2018 video game| Axie Infinity | |
|---|---|
| Developer(s) | Sky Mavis |
| Engine | |
| Platform(s) | PC, Android |
| Release | 2018 |
| Genre(s) | NFT online game |
| Mode(s) | Single player, PvP |
Axie Infinity is a NFT-based online video game developed by Vietnamese studio by Sky Mavis, which uses Ethereum-based cryptocurrency AXS (Axie Infinity Shards) and SLP (Smooth Love Potion). Currently it's the most expensive NFTs collection with more than $42 million in sales in June 2021.
Description
It's a trading and battling game that allows players to collect, breed, raise, battle, and trade creatures known as "axies", which are digitized as NFTs. New players need to have at least three axies to play. As of January 2019, virtual land (in the form of non-fungible tokens) can also be purchased in the game.
In November 2019 Sky Mavis raised ~$1.5M to accelerate the development of Axie Infinity. The round was led by Animoca Brands with participation from Hashed, Pangea Blockchain Fund, ConsenSys, and 500 Startups.
This, and many other crypto based items, are extremely volatile and subject to government regulations. For the most part, it's only early investors, or creators, who make substantial amounts of money. In this regards it might be considered something akin to "ponzi", or "pump and dump" schemes, where the later one enters the less money one makes (or greater amount one loses).
See also
External links
References
- https://www.techinasia.com/vietnamese-developer-axie-infinity
- Axie Infinity Becomes Number 1 NFT Collection, dappradar.com. Retrieved: 08-07-2021.
- Axie Profiting From Booming NFT Economy as Bitcoin Struggles, Yahoo Finance. Retrieved: 08-07-2021.
- https://medium.com/axie-infinity/sky-mavis-raises-1-5m-to-accelerate-the-development-of-axie-infinity-d43bb95f4985
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