Axie Infinity was the first NFT Play-to-Earn that BCG invested in. BCG currently owns over 300+ NFT Axie characters to support their scholarship programs in the Philippines, Brazil, Columbia, Bolivia, Venezuela, Africa, Russia, Nepal and Spain.

Sky Mavis, the developer of Axie Infinity, a breakthrough play-to-earn-based blockchain game, has launched Katana, a new decentralized exchange on top of Ronin. Ronin is Sky Mavis’ own tailored Ethereum sidechain, developed to satisfy the needs of users that complained about the high fees they had to pay for transacting on Ethereum’s Layer 1 (L1). With Katana, Sky Mavis makes it easier to manage Axie Infinity and introduces an alternative way of earning yield for users.

As with most decentralized exchanges, Katana will feature liquidity pools to serve other users in facilitating the exchange of their tokens on top of the same Ronin sidechain. One of the most interesting proposals of the exchange is the introduction of USDC as a supported token, making it easier for players of Axie to park their earnings in stablecoins to avoid volatility.