In the inspiration of CryptoKitties, Axie Infinity was created by Trung Nguyen, leading the Sky Mavis Game Studio. The game launched in March 18, 2018. After 3 years of silence, the popularity of Axie Infinity went through the roof during the gamefi summer in late 2021, which simultaneously accelarate the growth of Axie’s market cap to over $10 Billion USD. Although Axie’s market cap started cliff-falling shortly after the start of the bear market, it still managed to nail a 4500% growth at its ATH.