# Competitive NFT Games Sky Mavis is Investing $2.4 Million into Axie Infinity Esports in 2023 By Colin Smith | Published 2022-09-13 | Tech Source: Trend Hunter, https://www.trendhunter.com/trends/axie-infinity-origins References: [venturebeat](https://venturebeat.com/games/sky-mavis-announces-2-4m-esports-grant-for-axie-infinity/) & [skymavis](https://www.skymavis.com/)  Sky Mavis, the developer behind the successful creature-collecting [NFT](https://www.trendhunter.com/trends/guild-of-guardians) game '[Axie Infinity](https://www.trendhunter.com/trends/axie-infinity-origin),' announced that it is investing $2.4 million USD into Axie Infinity esports through 2023. The company will host a number of tournaments and events on its latest title, 'Axie Infinity: Origins,' with each event rewarding the participants with AXS, the cryptocurrency used in game. In total, Sky Mavis is paying out 160,000 AXS, which equals roughly to $2.4 million USD. The developer stated that this prize pool will be split amongst [different regions, skill levels, and demographics](https://www.trendhunter.com/trends/gosugamers), allowing all fans of the game to have a shot at winning some money, regardless of location or personal skill level. The events will be separated into Major Tournaments, which pay upwards of $1 million USD, Minor Tournaments, which pay upwards of $200,000 USD, and local tournaments, which pay up to $9,999 USD. Image Credit: Shutterstock ## Trend Insights (Trend Hunter) - Score: 4.1/10 - Popularity: 49% | Activity: 62% | Freshness: 13% - Audience gender: 50% men, 50% women - Primary generations: Gen Z, Millennial, Gen X - Top markets: North America, South America, Europe, Asia, Africa ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Mobile](https://www.trendhunter.com/mobile) ## Key Themes ### Why This Trend Is Growing - **NFT Gaming Tournaments:** Investing in NFT game tournaments can increases player engagement and revenue while promoting the unique features of the game. - **Cryptocurrency Prize Pools:** Offering cryptocurrency as tournament prize pools helps to further establish the value and use of cryptocurrency in the gaming industry. - **Inclusive Competition:** Hosting tournaments for different regions, skill levels, and demographics can lead to a more diverse and engaged player base. ### Industries Being Reshaped - **Gaming:** The growth of NFT gaming and cryptocurrency prize pools presents new opportunities for revenue and community-building in the gaming industry. - **Cryptocurrency:** Investing in NFT games and gaming tournaments can bring greater visibility and mainstream adoption of cryptocurrency, as well as creating new use cases for it in gaming. - **Esports:** The growth of NFT gaming tournaments can expand the esports industry and lead to more inclusive competition for players of different skill levels and backgrounds. ## Related on Trend Hunter - [Free-to-Play Blockchain Games](https://www.trendhunter.com/trends/axie-infinity-origin.md) - [SEA-Based Esports Competitions](https://www.trendhunter.com/trends/skyesports.md) - [Web3 Mobile Card Games](https://www.trendhunter.com/trends/axie-infinity-origins-1.md) - [Blockchain Gaming Competitions](https://www.trendhunter.com/trends/moxy-1.md) - [South Asian Esports Tournaments](https://www.trendhunter.com/trends/pokemon-unite-tournament.md) - [Debut Competitive Esports Tournaments](https://www.trendhunter.com/trends/the-finals.md) - [High-End Web3 Mobile Games](https://www.trendhunter.com/trends/xterio.md) - [Developer-Focused Esports Events](https://www.trendhunter.com/trends/matchboxdao.md) - [Esports Betting Solutions](https://www.trendhunter.com/trends/oddin-gg.md)