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Axie Infinity Is Launching A Decentralized Exchange To Retain Users
Summary: According to a report from The Block, the popular "play to earn" game Axie Infinity will launch a decentralized exchange (DEX) to improve the efficiency of token transactions in its ecosystem. Axie Infinity allows users to buy, sell, and cultivate in-game creatures called "axies". The new DEX will eliminate the inconvenience that players have to ...
According to a report from The Block, the popular "play to earn" game Axie Infinity will launch a decentralized exchange (DEX) to improve the efficiency of token transactions in its ecosystem.
Axie Infinity allows users to buy, sell, and cultivate in-game creatures called "axies". The new DEX will eliminate the inconvenience that players have to move their tokens off the platform for trading.
DEX will be built on top of Ronin, a sidechain related to Ethereum built specifically for Axie Infinity.
Axie Infinity recently completed a $7.6 million round of financing, investors such as billionaire entrepreneur Mark Cuban participated in.
By Mary Liu
Tags: Axie,Axie Infinity,DEX
Link: Axie Infinity Is Launching A Decentralized Exchange To Retain Users [Copy]
