axie infinity

The region welcomes its first unicorn for 2026, a Singapore-based AI video startup whose backers include Alibaba, Antler, and CDH Investments.

Sky Mavis is back in profit after Axie’s fizzle, and the co-founder of now-defunct Ula is back with a new startup.

Years after peak Axie Infinity mania, its creator is still making gains. Now, Sky Mavis is building an ecosystem beyond that game.

This decision will affect around 50 employees, given their global team numbers around 250.

Web3 companies are on the rise again as many focus on the practical features of blockchain technology.

While working at Meta, a serial founder of social apps noticed that new features find “intense adoption” in the archipelago. He’s not the only one.

The Axie Infinity developer only raised US$11 million in a round led by a16z and Animoca Brands.

BreederDAO, the NFT platform that launched in 2021, is moving away from play-to-earn games and is using AI to generate custom NFTs for the metaverse.

The Vietnamese game developer has also announced the launch of Mavis Market, a platform where users can buy, sell, and showcase NFTs.

In Token Issue this week, we check out Mirai Labs co-founder Corey Wilton’s second try at making Pegaxy a hit in the blockchain gaming world.