Unconfirmed: How Axie Infinity Boosted Revenue 400%+ in 30 Days - Ep.253

Unchained

Laura Shin

Business News, News, Tech News

4.6 • 1.3K Ratings

🗓️ 9 July 2021

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Aleksander Larsen, co-founder and COO of Axie Infinity, discusses Axie Infinity’s recent growth, which has seen the platform do 20X the volume of NBA Top Shot in recent days. Show highlights: what is Axie Infinity? why there has been such an uptick in network activity and profitability how the Axie Infinity team came together how Axie Infinity uses blockchain technology within its game how Axie Infinity leverages the ‘play to earn’ mania sweeping across Web3 applications what problems may arise as Axie Infinity starts to decentralize how Axie Infinity is attempting to lower the expensive barrier to entry that comes with blockchain-based games why the Philippines is going crazy for Axie Infinity why building out a sidechain has been such a positive development for the company the two ways Axie Ininity makes money what’s next for Axie Infinity Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Oasis: https://oasisprotocol.org NEAR: https://near.org Episode Links Aleksander Larsen: https://twitter.com/Psycheout86 Axie Infinity: https://axieinfinity.com/ Content Philippines: https://www.cnbc.com/2021/05/14/people-in-philippines-earn-cryptocurrency-playing-nft-video-game-axie-infinity.html Sidechain: https://medium.com/axie-infinity/introducing-ronin-axie-infinitys-ethereum-sidechain-8745e31eaef1 The Game That Helps Pay Bills: https://startups.my/the-game-that-helps-pay-bills-axie-infinity/ CoinDesk write up: https://www.coindesk.com/axie-infinity-token-quadruples-nfts Play-to-earn: https://metaportal.substack.com/p/the-memetic-power-of-play-to-earn Unchained Axie Infinity write-up: https://unchainedpodcast.com/this-nft-marketplace-does-20x-the-volume-of-nba-top-shot/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi everyone, welcome to Unconfirmed. The show that reveals how the marketing names in
0:08.1	crypto are reacting to the week's top headlines, you can see insights given what they say
0:12.0	in their horizon. I'm your host, Laura Shin, a journalist with over two decades of experience.
0:17.0	I started covering crypto six years ago and as a senior editor at Forbes was the first
0:21.5	mainstream media reporter to cover cryptocurrency full-time. This is the July 9th 2021 episode
0:27.2	of Unconfirmed. My book, The Cryptopians, Idealism, Greed, Lies, and the making of the first big
0:33.2	cryptocurrency craze is available for pre-order. So you can go to Amazon, Barcelona, bookshop.org
0:40.3	or any of your favorite bookstores. You can go to bit.ly slash cryptopians, which is b-i-t dot
0:46.0	l-y slash c-r-y p-t-o p-i-a-n-s to purchase. Mir is an open source platform that accelerates the
0:54.8	development of decentralized applications, overcoming high fees and slow speeds with its fast, scalable,
1:01.3	low-cost, and climate-neutral blockchain protocol. Learn more at n-e-a-r dot-o-r-g.
1:08.5	The Oasis Network is a privacy-enabled blockchain platform for open finance and a new data economy.
1:14.6	Start building your next idea on the Oasis Network. The Crypto.com app pays you up to 8.5%
1:21.0	interest on your Bitcoin. Get $25 when you download the Crypto.com app with code Laura.
1:27.2	The link is in the description. Today's guest is Alexander Larson, co-founder and CEO of Axi
1:33.5	Infinity. Welcome, Alexander. Bye, Laura. Happy to be here. Axi Infinity is having quite the
1:40.9	moment. As of Wednesday night, it had done about 28 times the trading volume of NBA Top Shot,
1:47.0	and the price of both the Axi Infinity token and the small love potion token. They're both
1:53.6	up quite a lot in the last week. But before we dive into all that, let's just make sure all the
1:59.0	listeners have a baseline level of knowledge. Tell us what is Axi Infinity.
2:05.1	Sure, Laura. So at a very high level, Axi Infinity is a digital pet game universe where you have
2:12.4	cute game characters called Axis that can be used across various games. Some of the games are
	...

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