The native cryptocurrency AXS, of the popular blockchain-based game Axie Infinity, has seen a significant increase of 15% in its price due to a strategic partnership announcement between Sky Mavis and Act Games.

The partnership aims to integrate several well-known Japanese video game franchises into the Ronin blockchain, thus creating new opportunities for blockchain gaming enthusiasts.

Axie Infinity Developer Collaborates with Act Games

Sky Mavis, the developer of Axie Infinity, has formed a groundbreaking partnership with Korean gaming studio Act Games. The collaboration signifies a major step forward in bringing Japanese gaming franchises to the Ronin blockchain.

One of the first games to be launched on this platform is the highly anticipated “Zoids Wild Arena,” which is inspired by Tomy’s popular anime series from 1983.

The partnership also aims to combine Sky Mavis’ expertise in web3 and NFT gaming with Act Games’ experience in expanding popular intellectual properties (IPs) to create an immersive and engaging gaming experience for players of all ages.

In order to incentivize users to migrate to the Ronin blockchain, initial rewards such as exclusive Zoids NFTs and token drops have been announced.

Significant Growth of AXS Token

The recent 15% surge in the price of AXS token reflects the excitement and confidence in the partnership’s potential to revolutionize blockchain gaming.

Axie Infinity has gained attention with impressive statistics, including $4.2 billion in NFT sales volume and a large user base. As a result, the Ronin blockchain is now a major player in the NFT space, ranking just behind Ethereum in terms of NFT sales transactions.

Furthermore, Sky Mavis has successfully raised funding from prominent investors like Andreessen Horowitz and Binance, which demonstrates the industry’s confidence in their vision and products.

Summary:

The price of AXS, the native cryptocurrency of Axie Infinity, has increased by 15% following the announcement of a partnership between Sky Mavis and Act Games. This collaboration aims to bring popular Japanese video game franchises to the Ronin blockchain, offering exciting opportunities for blockchain gaming enthusiasts. The partnership also combines the expertise of Sky Mavis and Act Games to create an immersive gaming experience. The surge in the AXS token reflects the confidence in the partnership’s potential to revolutionize the gaming landscape on the blockchain.

FAQs

What is Axie Infinity?

Axie Infinity is a popular blockchain-based game developed by Sky Mavis. It has gained attention for its impressive NFT sales volume and large user base.

What is the Ronin blockchain?

The Ronin blockchain is a blockchain platform that aims to provide a scalable and cost-effective solution for blockchain gaming.

What is the significance of the partnership between Sky Mavis and Act Games?

This partnership brings popular Japanese video game franchises to the Ronin blockchain, expanding the gaming options for users and contributing to the growth of the blockchain gaming industry.

What incentives are offered to encourage users to migrate to the Ronin blockchain?

Initial incentives include exclusive Zoids NFTs and token drops, which are offered to users who migrate to the Ronin blockchain.

Is Sky Mavis a reputable company?

Sky Mavis has successfully raised funding from well-known investors like Andreessen Horowitz and Binance, indicating industry confidence in their vision and products.