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Axie Infinity developer brings Japanese Web2 video games to Ronin

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On November 2, Sky Mavis, the developer behind the favored monster-battle nonfungible tokens (NFT) sport Axie Infinity, introduced a partnership with Korean gaming studio Act Video games, to carry quite a lot of Japanese online game franchises to its native Ronin blockchain.

In an e-mail seen by Cointelegraph, the partnership revealed that the primary sport to be bridged to Ronin is Zoids Wild Enviornment, impressed by Japan’s largest toy producer Tomy’s award-winning anime sequence. It was first unveiled by Tomy in 1983 as a plastic mannequin determine. Different franchises to be migrated embody Hi there Kitty Aggretsuko and Bubble Bobble.

“Act Video games excels at increasing iconic IPs, transcending demographics, and enhancing participant engagement. This alliance will enable us to mix our web3 learnings and experience with nostalgic IP backed by a pre-existing core fanbase,” stated Trung Nguyen, CEO and Co-founder of Sky Mavis, concerning the event. Preliminary incentives embody Zoids NFTs and a token drop for customers who migrate to a Ronin pockets to play the sport. Since 2019, Act Video games has developed 4 arcade-style video games with internet gross sales of $6.4 million and three million downloads.

Since inception, Sky Mavis’ Axie Infinity has $4.2 billion in NFT gross sales quantity, tens of millions of every day lively customers throughout its peak, and $1.3 billion in income. In the meantime, its Ethereum Digital Machine-powered gaming blockchain Ronin ranks solely behind that of Ethereum itself when it comes to NFT gross sales transactions. The corporate is at the moment primarily based in Vietnam and Singapore, with noticeable funding rounds led by buyers corresponding to Andreessen Horowitz, Paradigm, Libertus, Mark Cuban, and Binance.

Zoids Wild Enviornment gameplay | Supply: Act Video games

Associated: Axie Infinity accounted for nearly two-thirds of blockchain-game NFT transactions in 2021