The blockchain games market is taking shape as many renowned gaming companies are already embracing this emerging technology. Before Bitcoin, gamers knew digital currency systems in their own ecosystems, but there were weaknesses in in-game ownership. During the blockchain game renaissance, top dogs are also feeling the pressure, including the developer of Axie Infinity, one of the most well-known blockchain games. To continue to thrive in this competitive market, Sky Mavis has now added four more game studios to its Ronin Blockchain. In this article you will learn everything you need to know about Sky Mavis’ decision, which game developers are involved and which titles are planned.
Sky Mavis by Axie Infinity expands its range of games
Sky Mavis, the developer of Axie Infinity, one of the first and most popular blockchain games, has expanded its range of games. According to Jeffrey Zerlin, co-founder of Sky Mavis, Axie Infinity is just the beginning of the Ronin gaming ecosystem.
Now the game developer has added four new gaming studios to its own Ronin network: Directive Games, Tribes, Bali Games and Bowled.io. In doing so, Sky Mavis has selected vendors from various niches such as shooters, puzzles, mobile games, open-world MMOs, sports games and strategy games.
The goal is to create an ecosystem for games that is even more closely aligned with the interests of the community and solves the previous weaknesses of Axie Infinity. The new games should not only be rewarding, but also entertaining.
77% of retail CFD accounts lose money. Cryptoassets are a very volatile, unregulated investment product without EU investor protection. Your capital is at risk.
Sky Mavis has announced that it will expand its game lineup with new titles such as Tribesters: Islands of Solas, Civitas and The Machines Island. However, some of these games will not be connectable with Axie Infinity.
The extension is part of the game studio’s strategy to appeal to users from both Web2 and Web3. Sky Mavis has already established collaborations with studios that attract Web2 gamers, and plans to attract millions of Web2 gamers.
The team also announced that the Ronin Blockchain is moving to DPoS (Delegated Proof-of-Stake) to better open up the infrastructure and technology to the wider Web3.
77% of retail CFD accounts lose money. Cryptoassets are a very volatile, unregulated investment product without EU investor protection. Your capital is at risk.
Previous development of the first Sky Mavis game Axie Infinity
The development of Sky Mavis’ first blockchain game Axie Infinity was of great importance to the emerging world of cryptogames. In January 2022, the game peaked at 2.78 million monthly players before declining over time, dropping about 86% to 0.39 million players in March 2023.
Although the associated main token AXS still has a high market capitalization of over $950 million, there is high inflation as only 43% of the total 270 million tokens are in circulation so far.
Due to the monotonous game mechanics and insufficient narrative regarding Axie Infinity, Sky Mavis is now looking for new ways to repeat the previous success. Adding new games to the Web3 ecosystem is intended to attract more users and increase adoption of blockchain games. Lessons learned from previous failures will be considered and a sustainable approach will be taken.
77% of retail CFD accounts lose money. Cryptoassets are a very volatile, unregulated investment product without EU investor protection. Your capital is at risk.
