Photo Credits: Act Games
Today, Sky Mavis, known for creating Axie Infinity, a leading monster-battle game using non-fungible tokens (NFTs), announced its latest venture in collaboration with Korean gaming company Act Games. This alliance focuses on adapting several prominent Japanese video game brands for Sky Mavis’s Ronin blockchain.
The first game transitioning to the Ronin blockchain will be Zoids Wild Arena. This game is based on the award-winning anime series from Tomy, Japan’s top toy manufacturer, first introduced as a plastic model kit in 1983. Additional renowned franchises set to join the platform include Hello Kitty Aggretsuko and Bubble Bobble.
Trung Nguyen, CEO and Co-founder of Sky Mavis, spoke highly of the partnership, stating, “Act Games excels at expanding iconic IPs, transcending demographics, and enhancing player engagement. This alliance will allow us to combine our web3 learnings and expertise with nostalgic IP backed by a pre-existing core fanbase.” The partnership’s early offerings include Zoids NFTs and a token giveaway for gamers who switch to a Ronin wallet to play Zoids Wild Arena. Since its founding in 2019, Act Games has developed and released four arcade-style games, bringing in $6.4 million in sales and accumulating over 3 million downloads.
Sky Mavis’s Axie Infinity has seen remarkable growth, with $4.2 billion in NFT sales volume, hitting millions of daily active users at its peak, and generating $1.3 billion in revenue. Ronin, Sky Mavis’s blockchain, built on the Ethereum Virtual Machine, ranks just behind Ethereum itself in NFT sales transactions. Headquartered in Vietnam and Singapore, Sky Mavis has attracted major funding from leading investors like Andreessen Horowitz, Paradigm, Libertus, Mark Cuban, and Binance.