The blockchain game created by Vietnamese reached a capitalization of almost a billion dollars, VTV reported

The blockchain game created by Vietnamese reached a capitalization of almost a billion dollars, VTV reported

Another reason why Axie Infinity has become a heated topic is that this is the project with the fastest price increase among the 100 “virtual currencies” with the largest total market capitalization. This is also the game that billionaire Mark Cuban invested in on the US show Shark Tank.

According to the Axie Infinity whitepaper, this game comes from Sky Mavis, a game studio established in 2018 based in Ho Chi Minh City. The development team consists of 25 Vietnamese led by Mr. Nguyen Thanh Trung as founder and CEO.

According to Business Finance News from the VTV1 channel, since the beginning of July the price of AXS (the utility token of Axie Infinity) has increased 3 times; from 5.1 USD to 16.7 USD. This development has raised the total market capitalization of this NFT-based game from $332 million to approximately $1 billion in just a week.

Basically, Axie Infinity is a virtual pet game inspired by Pokémon. Players will collect, raise, and battle pets (called Axies) to slowly build their own pet kingdom. Newbies just starting out can buy Axies from other players in the Marketplace (at least 3 Axies as capital).

And the part that many people are most looking forward to: players can earn money by raising their pet Axies to sell on the market, or let the Axies participate in battles to compete for positions on the leaderboards,… Readers interested parties can download it HERE.

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To learn more about the latest news about the game, readers can like and follow the fan page:

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