On November 2, Sky Mavis, the developer of the popular monster-fighting non-fungible token (NFT) game Axie Infinity, announced a partnership with Korean game studio Act Games to bring various Japanese video game series to its native Ronin blockchain.
In an email seen by Cointelegraph, the partners revealed that the first game to be bridged to Ronin is Zoids Wild Arena, inspired by the award-winning anime series from Japan’s largest toymaker Tomy. Tomy was first introduced as a plastic model in 1983. Other series to be migrated include Hello Kitty Aggretsuko and Bubble Bobble.
Trung Nguyen, CEO and Co-Founder said: “Act Games specializes in expanding iconic IP, reaching beyond audiences and driving player engagement. This alliance will allow us to bring our web3 learning and expertise with an existing core fan base. Combined with supported nostalgic IP.” Sky Mavis founder talks about development. Initial incentives include Zoids NFTs and token drops for users who migrate to the Ronin wallet to play the game. Since 2019, Act Games has developed four arcade-style games with net sales of $6.4 million and 3 million downloads.
Since its inception, Sky Mavis’ Axie Infinity has generated $4.2 billion in NFT sales, with millions of daily active users at its peak and $1.3 billion in revenue. Meanwhile, its Ethereum Virtual Machine-based gaming blockchain Ronin trails only Ethereum itself in NFT sales transactions. The company, currently headquartered in Vietnam and Singapore, has raised eyebrows in multiple funding rounds led by investors including Andreessen Horowitz, Paradigm, Libertus, Mark Cuban and Binance.
Related: Axie Infinity accounts for nearly two-thirds of blockchain gaming NFT transactions in 2021
Svlook