Axie Infinity: Blockchain game created by Vietnamese people reached a capitalization of nearly 1 billion USD, reported by VTV

One more cause helps Axie Infinity Becoming a hotly discussed topic, this is the project with the fastest price increase among the 100 “virtual currencies” with the largest total capitalization on the market. This is also the game that billionaire Mark Cuban invested in on the US Shark Tank program.


According to Axie Infinity’s white paper, this game comes from Sky Mavis – a game studio established in 2018 based in Ho Chi Minh City. The development team includes 25 Vietnamese people led by Mr. Nguyen Thanh Trung as founder and CEO.

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

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

And the part that many people look forward to the most: Players can earn money by breeding their Axies pets to sell on the market, or let Axies participate in battles to compete for positions on the leaderboards. rank, … Interested readers can download it HERE.


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