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Update news Axie Infinity
Sky Mavis, the company that developed the Axie Infinity game, is looking to expand its operations in the Korean market, a co-founder of Sky Mavis said during the recent Korean Blockchain Week.
The next unicorn technology startups in Asia Pacific may come from Vietnam, as the foundation for a solid ecosystem to support these businesses is underway, according to the Asian Development Bank (ADB).
According to the developer of RUN Together, the startup can compete equally with StepN, as Axie Infinity has been doing in the international market.
Nguyen Thanh Trung, CEO of Axie Infinity, said some of Vietnam’s startups want to set up headquarters in Singapore instead of Vietnam because it’s easier to call for investment there.
At the moment when Ronin Network, the sidechain of Axie Infinity, was hacked, Nguyen Thanh Trung felt mixed emotions.
As many as 173,600 Ethereum and 25.5 million dollars have been withdrawn from Axie Infinity’s system. With that scale, this is one of the most serious attacks in the history of the cryptocurrency industry.
Among Blockchain games, Axie Infinity is still the most searched NFT project for in the past month, with 3.86 million searches, according to Design Bundles report.
CEO Nguyen Thanh Trung said that he is not a dollar millionaire, explaining that the market capitalization of AXS tokens is different from the capitalization of Sky Mavis.
Vietnam is a "rising star" and will emerge as the third-largest startup ecosystem in Southeast Asia in2022, according to a report by venture capital firm Golden Gate.
Nguyen Thanh Trung, the founder of Sky Mavis, was recently ranked as one of the most influential figures in the cryptocurrency world.
The virtual currency in the Vietnamese blockchain game Axie Infinity - Axie Infinity Shards (AXS) - has hit a new peak of $71, setting a record capitalization of $4.4 billion.