Gamifying blockchain, Axie Infinity fame Sky Mavis’ co-founder Jeff Zirlin has announced in Frank Chaparros’ The Scoop podcast’s 61st episode their plans to launch a decentralized exchange (DEX). Axie Infinity has amassed almost US$2.27 billion in NFT sales (w/ 687,495 traders). Axie Infinity is now the 2nd largest NFT project in sales terms, competing with Opensea.
Axie’s axie infinity (AXS) token value rose over 55.4% in recent months. On a year-to-date basis, Axie Infinity’s native token smooth love potion (SLP) rose 98.7% compared to the U.S. dollar. In the podcast, Zirlin states Web3 is transforming Communities to emerge as Economies in themselves—given a massive (matured) user base.
With the Axie Infinity DEX, users will be able to trade AXS and SLP tokens among themselves. Zirlin also stated they want to offer a solution that would nullify resorting to the cross-chain bridge leveraging for tokens’ acquisition or swapping.
Zirlin is bullish on “hyper-social” games fusioning with blockchain and NFTs soon. So, Axie Infinity is focusing on “community-driven, really social games.” The idea here is to make games benefit from digitally native economies, thanks to Web3 “turning communities into economies.”
An August 6 (2021) official tweet celebrates Axie Infinity’s milestone of having “More than 1 M daily active players!”