DISCLOSURE: DELPHI VENTURES HAS INVESTED IN AXS. MEMBERS OF OUR TEAM ALSO HOLD AXS AND AXIE NFTS. THESE STATEMENTS ARE INTENDED TO DISCLOSE ANY CONFLICT OF INTEREST AND SHOULD NOT BE MISCONSTRUED AS A RECOMMENDATION TO PURCHASE ANY TOKEN. THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY, AND YOU SHOULD NOT MAKE DECISIONS BASED SOLELY ON IT. THIS IS NOT INVESTMENT ADVICE.
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This is the public version of our post that was originally on September 25th, 2020.
Last night our team purchased 5 Axies for 473.5 ETH worth ~$159k at that time. Recent market moves may have pushed some to the sidelines but we saw the recent turmoil as an opportunity. An opportunity to spend a lot of money on digital battle pets. While this may appear to be a confusing impulse buy at first glance, spurred on by the recent hype around NFTs, it’s actually a purchase we’ve been patiently waiting to make ever since we started Delphi. Few know this, but our very first job as a company was to research the crypto gaming sector for a high profile fund. Our mandate was simple – play the games, see if they’re any fun and scout out opportunities in the sector. One of the projects we came acro
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