Axie Infinity is an NFT/Web3 game and player-owned gaming economy that describes itself as a virtual world where Axies can be battled, collected, and used to mine tokens through gameplay. Its official whitepaper states that it is a player-owned economy where players own digital assets and can buy, sell, and trade them, and its official site says it has onboarded millions of people to blockchain. Axie Infinity Shards (AXS) is an ERC-20 governance token for the Axie universe; holders may stake, play, and participate in governance votes, and players may earn AXS in Axie games and user-generated content initiatives. The whitepaper states that Axie NFT marketplace transactions contribute a 4.25% fee to the Community Treasury, and the AXS portion of breeding fees also flows to the Treasury. With 892,099 followers and 39,478 posts since 2018, Axie Infinity's TwitterScore is 392 out of 1000, ranking #638 among 364,257 accounts.

Axie Infinity was founded by Trung Thanh Nguyen as CEO, Aleksander Leonard Larsen as COO, Tu Doan as Art Director and Game Designer, Andy Ho as CTO, and Jeffrey Zirlin as Growth Lead. Sky Mavis describes Axie Infinity as one of its products, a virtual world built to introduce the world to blockchain through a fun, nostalgic, and charming game. The game is powered by the Ronin Network, which describes itself as the blockchain for fun and practical blockchain applications with RON as its token. Axie Infinity was previously affiliated with Ubisoft Entrepreneurs Lab Season 5, where Sky Mavis worked with Ubisoft experts on areas including free-to-play, onboarding, progression systems, and the traditional player journey. Sky Mavis raised $1,465,000 for the parent company of Axie Infinity in a round led by Animoca Brands with participation from Hashed, Pangea Blockchain Fund, ConsenSys, and 500 Startups. Sky Mavis raised $7.5 million in May 2021 with investors including Blocktower Capital, Konvoy Ventures, Libertus, Collab + Currency, and Mark Cuban. Andreessen Horowitz published an October 5, 2021 investment note describing Axie Infinity as a digital pet universe and player-owned economy with Axie NFT characters, SLP tokens, and AXS governance token usage. After the Ronin bridge hack, Sky Mavis raised $150 million led by Binance with participation from Animoca Brands, Andreessen Horowitz, Dialectic, Paradigm, and Accel to reimburse affected users.

Axie Infinity was the subject of a major security incident: on April 14, 2022, the FBI stated that Lazarus Group and APT38, cyber actors associated with North Korea, were responsible for the theft of $620 million in Ethereum reported on March 29, 2022. Separately, the SEC's Binance complaint, as summarized by Investopedia, identified Axie Infinity Shards (AXS) among crypto assets the SEC alleged were securities made available for trading on Binance platforms; this was an allegation in the SEC case, not an adjudicated finding against Axie Infinity. Axie Infinity's 2019 fundraising announcement said it had partnered with Samsung, Klaytn, MakerDAO, Loom Network, HTC, and other projects. Axie Infinity has been mentioned by 1,930 accounts in 13,302 total mentions. Puffverse and Pixels

Smart Followers

The accounts that follow Axie Infinity include 1,097 founders, 218 angel investors, 996 influencers and 110 VCs, among them CZ BNB, Laura Shin, Toly, Ansem, Stani and Chris Burniske.