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Sky Mavis has generated more than $1.3 billion in revenue from its blockchain game Axie Infinity. And now it is preparing to launch four new Web3 games on its Ronin network.
The company said it has upgraded the Ronin blockchain to Delegated Proof of Stake (DPoS), providing better security and efficiency in its quest to decentralize Ronin. Ronin is an Ethereum virtual machine (EVM) blockchain with trading volume of $4.2 billion.
And Sky Mavis, based in Singapore and Vietnam, has unveiled the genesis batch of game studios that will be building and launching games on Ronin: Directive Games, Tribes, Bali Games, and Bowled.io.
At the Game Developers Conference, I met with the leaders of Sky Mavis, including Kathleen Osgood, director of business development at Sky Mavis; Aleksander Leonard Larsen, cofounder and COO; Jeffrey Zirlin, cofounder and head of growth; and Trung Nguyen, CEO and cofounder.
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Larsen said that the Ronin network has always been a part of Sky Mavis’ strategy to make sure it can provide the best service to the Axie Infinity community. And now the next step is opening it up to other developers so they can share in the benefits.
“We spent a long time looking for these five games, which are a good fit for our holistic strategy,” Larsen said in our interview.
Larsen said that Sky Mavis is making direct equity investments into some of the companies for a long-term play. And he noted that he met one of the developers at our
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