What You Need to Know:
Axie Infinity developer, Sky Mavis, has announced a partnership with Korean gaming studio Act Games to bring popular Japanese video game franchises to its native Ronin blockchain. The first game to be migrated will be Zoids Wild Arena, with other franchises like Hello Kitty Aggretsuko and Bubble Bobble to follow.
Details of the Partnership:
Sky Mavis and Act Games have joined forces to bridge Japanese video game franchises to the Ronin blockchain. Zoids Wild Arena, inspired by Tomy's anime series, will be the first game to make the transition. Trung Nguyen, CEO and Co-founder of Sky Mavis, expressed excitement about the partnership, stating that it combines web3 expertise with nostalgic IP that has a dedicated fanbase.
What's in it for Players:
Players who migrate to a Ronin wallet to play Zoids Wild Arena will receive initial incentives, including Zoids NFTs and a token drop. Act Games, known for expanding iconic IPs and enhancing player engagement, has a track record of developing successful arcade-style games with millions of downloads and net sales of $6.4 million.
Axie Infinity's Success:
Axie Infinity has been a major player in the NFT gaming space, with $4.2 billion in NFT sales volume, millions of daily active users, and $1.3 billion in revenue. Ronin, the Ethereum Virtual Machine-powered gaming blockchain developed by Sky Mavis, ranks second only to Ethereum itself in terms of NFT sales transactions.
About Sky Mavis:
Sky Mavis, the developer of Axie Infinity, is based in Vietnam and Singapore. The company has received significant funding from investors such as Andreessen Horowitz, Paradigm, Libertus, Mark Cuban, and Binance.
Source: Cointelegraph
Did you miss our previous article...
https://trendinginthenews.com/crypto-currency/analysts-skeptical-that-bitcoin-etf-approval-will-fully-thaw-the-markets