In the Philippines, where the game was particularly popular, some players reported making as much as $2,000 a month. By the summer of 2021, some players in low- and middle-income countries were earning so much playing Axie that they gave up their jobs to invest more time into the game. The game, in which players raise and battle cute-looking digital monsters called Axies, uses a “play-to-earn” model, in which players are rewarded for their efforts with cryptocurrency tokens, which they can then exchange for real money. “The community seemed more worried about me than they did about themselves,” he claimed.īefore the hack, Axie Infinity had cemented its position as the poster-child for the booming crypto-gaming industry. But while people were “apprehensive,” he mostly encountered solidarity at the conference. Like, ‘What’s going to happen?’ kind of uncertain about the future,” Zirlin recalled. “For maybe two or three days, I felt really, really bad. And the love and the energy I see in this room tonight, I know that Axie is going to be ok.” “But I knew there would be people here from all over the world that came to hang out with the Axie community, came to see me, and I felt like it was really important. “Coming here, actually, I felt a little bit nervous,” he told the crowd at the fan event. He put on a brave face during the talk, and at a pre-scheduled meetup with Axie Infinity enthusiasts later that night. on March 29, a few hours after the team had convened on Discord, Sky Mavis published a newsletter post breaking the news of the hack to its community. “I almost wanted to yell and almost wanted to cry.”Įven so, he decided to go ahead with his talk the next morning. “This was our worst nightmare scenario,” Zirlin told Rest of World. Sky Mavis hadn’t noticed the money missing until six days after it was taken. On March 23, the hackers had made off with $620 million worth of cryptocurrency – the biggest heist in crypto history. In the chat, Zirlin saw an internal incident report prepared by the company’s CTO that day, detailing what had happened and what was known so far. There, he learned the news: Axie Infinity had been hacked. The two jumped on a call, and Larsen told Zirlin to check the Sky Mavis team’s Discord. Seeing Larsen’s name pop up on his phone so late at night took Zirlin by surprise. He was scheduled to give the opening talk at the NFT LA conference the following morning, where he planned to extol the virtues of Sky Mavis’ flagship game, Axie Infinity. Zirlin, who is also the company’s head of growth, was in Los Angeles at the time, winding down for the night at his Airbnb. on March 29, Jiho Zirlin, a co-founder of the Vietnamese crypto gaming company Sky Mavis, received a text from his fellow co-founder Aleksander Larsen.
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