FTX Sponsors Axie Infinity Scholars to be Managed by Filipino-led Yield Guild Games

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FTX, one of the world’s busiest exchanges, collaborated with Yield Guild Games, a Filipino-owned gaming guild, to sponsor more players in their profit-sharing Axie infinity scholarship program.

FTX publicly announced that it will sponsor 137 new Axie Infinity scholars through funding for breeding new Axies. This will expand the current 4,600+ scholars that Yield Guild Games already have. (Read more: Yield Guild Games Raises Funding To Bring Gamers to the Metaverse)

FTX scholars represent 81 players from the Philippines, 25 from Indonesia, 10 from India, 15 from Latin America and 6 from Brazil.

“As fans of both gaming and making a positive impact, we’re excited to partner with Yield Guild Games who have created a truly unique way for new audiences to gain exposure to crypto”, Sam Bankman-Fried, Founder and CEO of FTX said. (Read More: Comprehensive Axie Infinity Scholarship Guide [English])

Further, FTX also closed some major sponsorship deals with virtual league sports this year, including Major League Baseball and National Basketball Associations (NBA) Miami Heat.

In other news, Yield Guild Games Co-Founder Gabby Dizon recently welcomed Jeff Holmberg as their new Head of Investments and Strategy.Meanwhile, Axie Infinity already breached more than 1 million daily active users and became the first NFT game to ever reach more than 1 billion in sales.

According to Jiho, Co-founder and Growth Lead of Axie Infinity in his recent tweet, “Congrats on 1 billion in lifetime Axie sales. This is a fundamental shift in how games are played. This is the evolution of games to their final form: digital nations.”

This article is published on BitPinas: FTX Sponsors Axie Infinity Scholars to be Managed by Filipino-led Yield Guild Games

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[…] This article is published on BitPinas: FTX Sponsors Axie Infinity Scholars to be Managed by Filipino-led Yield Guild Games […]

[…] This article is published on BitPinas: FTX Sponsors Axie Infinity Scholars to be Managed by Filipino-led Yield Guild Games […]

Sean Millare

Sean is a full-time trader who started exploring & investing in cryptocurrency in 2015 when he was still a college student.