Cryptocurrencies
Axie Infinity to Be ‘Even More Aggressive’ With Crypto After Hard Year
- Sky Mavis’s Larsen says ‘more tokens’ needed to be competitive
- Axie lost $600 million in 2022 hack that affected user income
A couple in Manila on the Axie Infinity site.
Photographer: Jam Sta Rosa/Getty ImagesThis article is for subscribers only.
Axie Infinity, the world’s biggest blockchain-based video game, plans to be “even more aggressive” with crypto tokens earned by its players in 2023, suggesting the play-to-earn model is here to stay after a difficult year.
“We need more tokens, we need more crazy stuff in terms of experiments,” Aleksander Leonard Larsen, co-founder of Axie’s Vietnam-based developer Sky Mavis Inc., said on a panel moderated by Bloomberg News at a conference in Paris on Friday.