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Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report
15.11.2021
This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop,...
Sky Mavis Launches Katana, a Native Dex for Its Ronin Sidechain
5.11.2021
Sky Mavis, the company behind the development of Axie Infinity, has launched Katana, the first decentralized exchange for Ronin, its custom-made Ethereum sidechain. Katana will feature all of the tokens used in Sky Mavis’ products, including SLP and AXS, the native tokens of the Axie...
Sky Mavis Raises $152M to Promote Play-to-Earn Model
6.10.2021
Sky Mavis, the developer behind Axie Infinity, recently raised 152 million dollars to promote the play-to-earn revolution. The venture has decided to invest funds for the development and growth of Ronin and Axie Infinity. Axie Infinity welcomes any missionary who wants to join the cause. NFTs have...
Axie Infinity Co-Founder Says Blockchain Game Plans to Launch a Decentralized Exchange
3.10.2021
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...
Philippines Tax Agency Targets Axie Infinity Players — ‘It’s Taxable, Subject to Income Tax’
25.8.2021
According to a regional report, the Philippines Bureau of Internal Revenue (BIR) is focusing on the blockchain-powered game Axie Infinity over tax concerns. Finance Undersecretary Antonette Tionko explained to the press that BIR is looking into methods aimed at capturing Axie Infinity players...
Axie Infinity Hits 1 Million Daily Active Players, First NFT Project to Hit $1B All-Time Trade Volume
7.8.2021
The Ethereum game Axie Infinity continues to see demand as the developer Sky Mavis revealed on Friday there are now more than 1 million daily active players. Additionally, the game token utilized within the Axie Infinity gaming universe tapped an all-time high at $52 per unit 10 days ago. Despite...
Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors
19.7.2021
Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%....
Axie Infinity Game Tokens Skyrocket in Value, AXS and SLP Capture All-Time Price Highs
13.7.2021
While most digital currency markets are down in value, a token called axie infinity, the native coin tethered to the blockchain-based trading and battle game of the same title, has reached new price highs jumping to $21.55 on Tuesday. The Axie Infinity platform has seen massive demand in recent...
The Maker of Axie Infinity, Sky Mavis, Gets Investment From Animoca Brands
7.11.2019
According to the latest reports, Sky Mavis and Animoca Brands Corporation Limited have entered into a collaboration. As a part of the partnership, Animoca will be acquiring Sky Mavis’ shares worth around $610,000 in exchange for its own shares and cash. Sky Mavis, one of the well-known blockchain...