Axie Infinity is a blockchain game developed by Vietnamese studio Sky Mavis,[1] known for its in-game economy[2] which uses Ethereum-based cryptocurrencies.[3]
Players collect and mint non-fungible tokens (NFTs) which represent axolotl-inspired digital pets known as Axies.[4] These creatures can be bred and battled with each other within the game.[5] Sky Mavis charges a 4.25% fee to players when they trade Axies on its marketplace.[4][6]
Axie Infinity is built on the Ronin Network, an Ethereum-linked sidechain developed by Sky Mavis. The game's official cryptocurrency is "Axie Infinity Shards/Token" or AXS for short.[7] The game's secondary token, SLP, crashed in February 2022 amid a wider NFT and cryptocurrency crash, losing over 99% of its peak value.[8] In March 2022, hackers compromised the Ronin Network, stealing approximately US$620 million worth of cryptocurrency from the project.[9][10][11][12] The hackers were linked to Lazarus Group, funded by North Korea.[13]
^Huong Le (21 February 2020). "Meet the Vietnamese developer behind blockchain game Axie Infinity". Tech in Asia. Retrieved 11 August 2021.
^Kruppa, Miles; Bradshaw, Tim (26 November 2021). "Crypto's hottest game is facing an economic maelstrom". Financial Times. Retrieved 11 December 2021.
^Gonzales, Gelo (23 August 2021). "What is 'Axie Infinity' and how is it different from traditional video games?". Rappler. Retrieved 11 December 2021.
^ ab"What does Axie Infinity's meteoric rise tell us about the play-to-earn game industry?". KrASIA. 10 August 2021. Retrieved 30 March 2022.
^Delic, Amelia J.; Delfabbro, Paul H. (2022). "Profiling the Potential Risks and Benefits of Emerging "Play to Earn" Games: a Qualitative Analysis of Players' Experiences with Axie Infinity". International Journal of Mental Health and Addiction. doi:10.1007/s11469-022-00894-y. S2CID 251323282.
^Takahashi, Dean (11 May 2021). "Sky Mavis raises $7.5 million for NFT-based Axie Infinity game with backers like Mark Cuban". VentureBeat. Retrieved 30 March 2022.
^"Axie Infinity Shards". Axie Infinity. Retrieved 25 August 2022.
^Cite error: The named reference Ongweso Jr. was invoked but never defined (see the help page).
^Cite error: The named reference Sigalos was invoked but never defined (see the help page).
^Cite error: The named reference Takahashi hackers was invoked but never defined (see the help page).
^Cite error: The named reference Hollerith was invoked but never defined (see the help page).
^Kharif, Olga (29 March 2022). "Hackers Steal About $600 Million in One of the Biggest Crypto Heists". Bloomberg News. Retrieved 23 September 2022.
^Aaron Schaffer (14 April 2022). "North Korean hackers linked to $620 million Axie Infinity crypto heist". The Washington Post. ISSN 0190-8286. OCLC 1330888409.
AxieInfinity is a blockchain game developed by Vietnamese studio Sky Mavis, known for its in-game economy which uses Ethereum-based cryptocurrencies...
stealing $600 million worth from the Ronin Network, a bridge used by the AxieInfinity game. The FBI said "Through our investigations we were able to confirm...
"Investing in AxieInfinity". Andreessen Horowitz. Clark, Kate (October 4, 2021). "Andreessen Horowitz Values Developer of NFT Game AxieInfinity at $3 Billion"...
cryptocurrency, to others who could display them in their virtual landscapes. AxieInfinity, released in 2018 by Sky Mavis, is an example of a "play-to-earn" game...
developer team to incentivise proper maintenance of the blockchain. While AxieInfinity Shards (AXS) tokens, were created using a Ethereum smart contract developed...
cryptocurrency exchanges, to launder over $20.5 million in cryptocurrency, from AxieInfinity, and steal over $600 million worth of cryptocurrency from the game's...
cryptocurrency as well as non-crypto-related holdings, this include AxieInfinity, OpenSea, Dapper Labs, Colossal Biosciences, MoviePass and CryptoKitties...
Ronin bridge, an Ethereum sidechain built for the NFT-based video game AxieInfinity. Nomad bridge hack – in early August 2022, hackers targeted a misconfigured...
cryptocurrency and NFTs. Some notable blockchain games include CryptoKitties and AxieInfinity. Games may combine one or more of these forms. A common example are...
contributions to the ecosystem. The unique aspect of AxieInfinity is that all art assets and Axie genetic data are readily available to third parties...
be traded on third-party marketplaces where players of games such as AxieInfinity or MyCryptoHero can trade their tokenised "Axies" or "Heroes". In these...
difficult to predict. However, limited successes of some games, such as AxieInfinity during the COVID-19 pandemic, and corporate plans towards metaverse...
Warner Music Group, Galaxy Interactive, Blue Run Ventures, founders of AxieInfinity, Yield Guild Games, Twitch, and Animoca Brands. In March 2022, OP3N...
Entertainment and moved to Taiwan. While in Taiwan, Chen started playing AxieInfinity and subsequently started a company, Freedom Nation, to latch on to the...
government) to launder $20.5 million of cryptocurrency associated with AxieInfinity. On January 22, 2021, Biden issued Executive Order 14003 that removed...
co-inventor of the ATM along with John Shepherd-Barron & Donald Wetzel. AXIEInfinity was a 2018 NFT-based video game by Sky Mavis (co-created by Nguyễn Thành...
Jackson The Weight of Blood Darcie Little Badger A Snake Falls to Earth Axie Oh The Girl Who Fell Beneath the Sea Margaret Owen Little Thieves Rachel...
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