Axie Infinity Raises $1.5 Million in Funding Round!

Axie Infinity raises $1.5 Million USD in a funding round led by Animoca Brands and continues the ecosystem development.

Great news for the Axie Infinity game as the fundraising led by Animoca Brands raised nearly 1.5 Million USD to continue game development and build blockchain gaming tools.

The exact amount is $1.465 Million and a variety of companies participated in the funding round including ConsenSys, 500Startups, and Hashed, which led the $2.5 Million Sandbox game investing round.

Non-Stop Development

Sky Mavis, the company behind the popular blockchain game Axie Infinity will use the funding to accelerate the game’s development and build tools that other developers will use for their games. Sky Mavis aims to build an ecosystem far beyond the Axie Infinity limits and the funding will definitely help them achieve this.

The upcoming land feature, including a mobile dapp and a few other things, is what to expect from Axie Infinity in the next months with the popular TCG game gaining momentum and new players.

Right now, the game is sitting on the 10th place of Ethereum games with 135 daily users and $689 in in-game volume based on data provided by dappradar.com

ā€œIā€™m so proud of our team and community. This is what blockchain development is all about, a small team from Vietnam being able to attract funding from some of the top investors in the space.ā€

Sky Mavis CEO Trung Nguyen.

About Axie Infinity

A great video about the Axie Infinity Community

Select your Axies, place them on the map and start battling other players! Axie Infinity is one of the oldest blockchain games in existence. Since it’s the first launch, it has come a long way and delivered a great blockchain game to play.

Its worth to mention that Axie Infinity has raised 1200ETH in a single day, which is the current world record. Over $1 Million has been raised from in-game assets sales while the trading volume in secondary markets reaches the $1.8 Million mark.

Collect and raise your Axies, turn them into fearless warriors and reap all the rewards! There are a variety of things you can do inside the game and pricing to own an Axie team is low.

Here’s what someone can do in Axie Infinity.

  • Battle
  • Breeding
  • Participate in The Marketplace
  • Customize Living Environments (Terrariums)
  • Raise Axies
  • Enjoy The Story Mode
  • Craft
  • Own Land
  • Participate in Community Actions

In order to play Axie Infinity, you will need an Ethereum wallet like Metamask.

The official announcement can be found here.