Unchained Unconfirmed: How Axie Infinity Boosted Revenue 400%+ in 30 Days - Ep.253
Jul 9, 2021
Aleksander Larsen, co-founder and COO of Axie Infinity, dives into the online gaming phenomenon that has skyrocketed 400% in revenue. He highlights the revolutionary 'play to earn' model that allows players to earn money while gaming. Larsen discusses the impressive transition to a dedicated sidechain, enhancing accessibility for users. He also addresses challenges in decentralization, the game's remarkable impact on the Philippine economy, and innovative solutions to lower entry barriers for new players. Expect insights into Axie Infinity's future growth strategies!
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Axie Infinity Origin Story
- Axie Infinity's co-founders met playing CryptoKitties in 2017, realizing the potential of NFTs.
- They launched Axie Infinity with an initial sale of assets, learning and iterating along the way.
Blockchain Integration in Axie Infinity
- Axie Infinity leverages blockchain for transparency and provable ownership of in-game assets.
- Breeding Axies happens on-chain, mixing genes according to an algorithm and consuming tokens.
Play-to-Earn Model
- Axie Infinity's "play-to-earn" model rewards players with SLP tokens for contributing to the game's network.
- These tokens are required for breeding new Axies, creating a cyclical economy driven by player activity.
