Andreessen Horowitz

Axie Infinity Raises $152M from a16z to Accelerate Play-to-Earn

Share some Bitpinas love:Sky Mavis, the developers of breakout game Axie Infinity, announces that it has successfully raised $152 million that will be used to build its global team, scale its infrastructure and build a distribution platform that game developers can use to create and distribute their blockchain games. The series B round is led by Andreessen Horowitz (a16z) and participated by Accel and Paradigm. A16z previously invested in play-to-earn gaming group Yield Guild Games, which has more than 3,000 scholars playing Axie Infinity.While the play-to-earn (P2E) model, which means