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Podcast: Making Markets
Episode: Sky Mavis: The Builders Behind Axie Infinity - [Business Breakdowns, Replay]
Description: Today we are re-sharing our Business Breakdown from September 2021 on Axie Infinity and its creator, Sky Mavis.Sky Mavis is the company behind the NFT-based game, Axie Infinity. Built by a team with a long history in gaming, Axie Infinity was launched in 2018 with the idea that a blockchain-based “play-to-earn” model could create more aligned incentives between game creators and game players long-term.Axie is one of the most incredible examples of speed-to-scale I’ve seen, with the game reporting $100,000 of revenue in January, over $190,000,000 of revenue in July, and over $360,000,000 in August.In thi...