Tag: Axie Infinity

According to Statista, Vietnam ranks fifth in the world in terms of NFT (non-fungible token) users, with 2.19 million in 2021. It is third in Asia, behind Thailand and China, and ahead of India. The explosion of the NFT market in Southeast Asia is due to many reasons, including the popularity of money-making games such as Axie Infinity from Vietnamese company Sky Mavis and the number of artists featured. Their work on social networking platforms like Discord and Twitter is increasing.

Sky Mavis, the maker of the hit game Axie Infinity, has announced it raised a $150 million investment led by Binance, the world’s largest cryptocurrency exchange. The new investment will help Sky Mavis reimburse victims of a recent “hack” while enhancing security to prevent future attacks.