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Tech in Asia

Research from Tech in Asia

Tech in Asia (YC W15) is the largest English-language technology media company that focuses on Asia. From the latest news to the hottest trends and the boldest startups to the strongest titans, we cover everything tech in the region. Our goal is to build and serve Asia’s tech and startup community.

News from Tech in Asia

Crypto

<ul><li>Sky Mavis, the developer of play-to-earn game Axie Infinity, has announced the 12 projects that have been accepted into its Builders Program that will introduce user-generated content into the Axie ecosystem.</li><li>The Builders Program serves as a laboratory for community-created games and experiences</li><li>The selected teams will also be allowed to monetize their game using the intellectual property of Axie Infinity, with a “generous” revenue-sharing model aimed at rewarding builders</li></ul>

Sky Mavis, the developer of play-to-earn game Axie Infinity, has announced the 12 projects that have been accepted into its Builders Program that will introduce user-generated content into the Axie ecosystem.The Builders Program serves as a laboratory for community-created games and experiencesThe selected teams will also be allowed to monetize their game using the intellectual property of Axie Infinity, with a “generous” revenue-sharing model aimed at rewarding builders

Axie Infinity Developer Names 12 Projects for Builders Program

<ul><li>Philippines-based Yield Guild Games (YGG) has seen a spike in players for the first quarter of 2022, recording a 174% increase from Q4 2021.</li><li>YGG formed a total of 13 new partnerships in the first quarter, investing US$2.6 million in these tie-ups.</li><li>Of that amount, 63% went to nine play-to-earn games, 23% to gaming guilds, and 14% were targeted at platforms and infrastructure to support the P2E ecosystem.</li></ul>

Philippines-based Yield Guild Games (YGG) has seen a spike in players for the first quarter of 2022, recording a 174% increase from Q4 2021.YGG formed a total of 13 new partnerships in the first quarter, investing US$2.6 million in these tie-ups.Of that amount, 63% went to nine play-to-earn games, 23% to gaming guilds, and 14% were targeted at platforms and infrastructure to support the P2E ecosystem.

Play-To-Earn Guild YGG Records 174% Player Increase in Q1

Crypto in Sports, Sporting Crypto

Sporting Crypto

Crypto in Sports

Breaking down the intersection between Sports and Crypto

Intersection Between Sports and Crypto

<ul><li>Users are able to <strong>move-to-earn, </strong>using up an energy bar for every walk or run they go on. Your energy bar then recharges every 6 hours and you can go again when that happens.</li><li>You’re a buyer, contributor and participant in this game and economy, and you’re paid to be part of it.</li><li>In mid march - their Chief Business Officer claimed the app has had 1 million downloads with 100,000 monthly users, which apparently doubled in the <strong>space of the next 30 days</strong></li></ul>

Users are able to move-to-earn, using up an energy bar for every walk or run they go on. Your energy bar then recharges every 6 hours and you can go again when that happens.You’re a buyer, contributor and participant in this game and economy, and you’re paid to be part of it.In mid march - their Chief Business Officer claimed the app has had 1 million downloads with 100,000 monthly users, which apparently doubled in the space of the next 30 days

Independent Research, Cryptocurrencies, Carbono Insights

Carbono Insights

Independent Research, Cryptocurrencies

Advisory Firm Specialized in Cryptocurrencies

Carbono is an advisory firm specialized in cryptocurrencies that helps clients navigate the economic and financial innovations derived from the rise of digital assets. Our investment fund, Abacus Carbono, is designed to be an on ramp for investors interested in cryptocurrencies and projects born under the crypto-economy principles.

<ul><li>The latest sensation in the NFT space is some automatically generated pixel art animals that people are buying for astonishing amounts of money to use as their profile pictures.</li><li>Yet here we are again. This new collection is Moonbirds: a set of 10.000 (yes, they also used the 10k number) cute little creatures, and it has broken records with over $281M in sales.</li><li>The reason being, probably, that they have masterfully recapped under one collection some of the best practices in the NFT space, and then added their own flavor.</li></ul>

The latest sensation in the NFT space is some automatically generated pixel art animals that people are buying for astonishing amounts of money to use as their profile pictures.Yet here we are again. This new collection is Moonbirds: a set of 10.000 (yes, they also used the 10k number) cute little creatures, and it has broken records with over $281M in sales.The reason being, probably, that they have masterfully recapped under one collection some of the best practices in the NFT space, and then added their own flavor.

<ul><li>The Ronin Network was Axie’s response to Ethereum’s low speed and high transaction fees</li><li>Ethereum’s scalability issues came in the way, so Axie built their own blockchain: the Ronin Network was created as an Ethereum’s sidechain to help speed up transactions</li><li>Ronin was one of the main improvements responsible for the subsequent boom that led Axie to onboard hundreds of thousands of players and become a milestone in crypto history</li></ul>

The Ronin Network was Axie’s response to Ethereum’s low speed and high transaction feesEthereum’s scalability issues came in the way, so Axie built their own blockchain: the Ronin Network was created as an Ethereum’s sidechain to help speed up transactionsRonin was one of the main improvements responsible for the subsequent boom that led Axie to onboard hundreds of thousands of players and become a milestone in crypto history

Turning a $623M Exploit into a Lesson in Crypto Building Blocks

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Axie Infinity (AXSUSD CURNCY)

Axie Infinity Developer Names 12 Projects for Builders Program

Sky Mavis, the developer of play-to-earn game Axie Infinity, has announced the 12 projects that have been accepted into its Builders Program that...

Tech in Asia

Play-To-Earn Guild YGG Records 174% Player Increase in Q1

Philippines-based Yield Guild Games (YGG) has seen a spike in players for the first quarter of 2022, recording a 174% increase from Q4 2021.

Tech in Asia

Sporting Crypto: Stepn - Move to Earn?

Users are able to move-to-earn, using up an energy bar for every walk or run they go on. Your energy bar then recharges every 6 hours and you can...

Sporting Crypto

Moonbirds. NFTs as a Funding Mechanism

Moonbirds, the latest NTF breakthrough project, was a bold funding mechanism for a media company; Moonbirds. NFTs as a funding mechanism.

Carbono Insights

Turning a $623M Exploit into a Lesson in Crypto Building Blocks

The Ronin Network was Axie’s response to Ethereum’s low speed and high transaction fees. Ethereum’s scalability issues came in the way, so Axie...

Carbono Insights

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