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Why Axie Infinity Caught Fire in the Philippines

This episode is sponsored by Quantstamp and Nexo.io.Joining “Money Reimagined” hosts Michael Casey and Sheila Warren are Maoi Arroyo, serial entrepreneur and founder of Ignite Impact Fund, the first fund focused on eradicating income and access poverty in the Philippines, and Leah Callon-Butler, director of Emfarsis and screenwriter of the recent “Play to Earn” documentary.

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Monster-battle NFT game Axie Infinity soars in popularity among developing nations

It's no secret that video-game streaming platforms, such as Twitch, have made it possible for players to earn money by broadcasting their gaming experience to an audience of gaming enthusiasts. But now, the tokenomics of blockchain-powered digital games like Axie Infinity have made it possible for users to make money

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Axie Infinity, Decentraland and ‘metaverse’ cryptos rally after Facebook rebrands to Meta

Facebook’s decision on Oct. 28 to rebrand itself to Meta — to indicate its plans to build an avatar-filled metaverse — helped spark a speculative rally across cryptocurrencies that belong to similar virtual world projects.Decentraland, a virtual place with its own economy, currency (MANA) and social events — accessible to anyone with a

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Samsung Backs Blockchain-based Gaming, Axie Infinity

South Korean conglomerate Samsung is increasingly involved in the burgeoning world of blockchain-based gaming, while within Korea, games with blockchain elements are banned from official release in the country. Fast facts Samsung Next, the tech giant’s investment subsidiary, participated in a US$152 million Series B round of Sky Mavis, the Vietnam-based blockchain

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Axie Infinity Nears 2M Daily Active Users as Creator Raises $152M Series B — CoinDesk

“Sky Mavis’ marquee game, Axie Infinity, has introduced a new way for anyone to turn their time into money through Play-to-Earn, a new mechanic that allows gamers to transform their skills and time into earnings and distribution rights for tokenized in-game items,” said Arianna Simpson, general partner at Andreessen Horowitz. Original

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Axie Infinity developer secures $152M in Series B funding from investors

Sky Mavis, the studio behind the popular Axie Infinity non-fungible token (NFT) game has announced a fresh round of funding for the company.In a statement issued on Tuesday, Sky Mavis announced that it had closed a $152 million Series B funding round.According to the announcement, notable crypto and blockchain investors

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Axie Infinity to Raise $150M Series B at $3B Valuation: Report

Blockchain-enabled play-to-earn game Axie Infinity is raising approximately $150 million in a Series B capital round at a $3 billion valuation, according to reporting on Monday by The Information.Citing two unnamed sources “with direct knowledge of the deal,” The Information wrote that venture giant Andreessen Horowitz is leading the round.The

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Axie Infinity hits a new ATH at $155 while Bitcoin bulls aim for $50K

The wider cryptocurrency market fell under pressure on Oct. 4 as the momentum generated by Bitcoin’s (BTC) weekend spike above $49,000 was overshadowed by more global concerns related to the global financial system, rising inflation and supply chain challenges. Despite these struggles, many altcoins managed to rally and at the time

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Is Axie Infinity overheating? AXS price hits record high following 100% QTD rally

AXS, the native token of Axie Infinity, a play-to-earn nonfungible token (NFT) game built atop the Ethereum blockchain, rallied more than 100% on a quarter-to-date (QTD) timeframe to refresh a new record high above $155. Nonetheless, the cryptocurrency now risks paring a portion of its recent gains as a key technical indicator,

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Axie Infinity Co-Founder Says Blockchain Game Plans to Launch a Decentralized Exchange – Blockchain Bitcoin News

Sky Mavis, the team that created the Ethereum-powered non-fungible token (NFT) game Axie Infinity, revealed the project plans to launch a decentralized exchange (dex), according to the company’s co-founder Jeff Zirlin during a podcast with Frank Chaparro. Moreover, Axie Infinity recently captured over $2 billion in NFT sales, making it

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