Axie Infinity developer brings Japanese Web2 games to Ronin
In the year On November 2, Sky Mavis, the developer behind the popular monster-fighting Invincible Tokens (NFT) game Axie Infinity, announced a partnership with Korean game studio Act Games to bring various Japanese video game franchises to its home country of Ronin's blockchain.
In an email seen by Cointelegraph, the partnership revealed that the first game to be bridged with Ronin is Zoid Wild Arena, the award-winning anime series from Japan's largest toy maker Tommy. It was first revealed by Tommy in 1983 as a plastic model. Other franchises to migrate include Hello Kitty Aggretsuko and Bubble Bobble.
“Act Games excels at expanding iconic IPs, channeling demographics, and enhancing player engagement. This combination allows us to combine our Web3 learnings and expertise with nostalgic IPs supported by core fans,” said Trung Nguyen, CEO and co-founder. The founder of Sky Mavis, regarding the development. Initial incentives include Zoid NFTs and a token drop for users who migrate to Ronin Wallet to play the game. As of 2019, Act Games has produced four arcade-style games with $6.4 million in net sales and 3 million downloads.
Since its inception, Sky Mavis' Axie Infinity has $4.2 billion in NFT sales, millions of daily active users at its peak, and $1.3 billion in revenue. Meanwhile, its Ethereum Virtual Machine-powered gaming blockchain Ronin is only behind Ethereum in NFT sales transactions. The company is currently based in Vietnam and Singapore and has funding rounds led by investors such as Andreessen Horowitz, Paradigm, Libertus, Mark Cuban and Binance.
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