Sky Mavis is a Vietnamese gaming and blockchain technology company best known for creating Axie Infinity, one of the most successful play-to-earn NFT games. The company pioneered the concept of blockchain gaming where players can earn cryptocurrency rewards through gameplay, creating a new economic model in the gaming industry. Axie Infinity became a global phenomenon, particularly popular in developing countries where players could earn meaningful income.
Founded by Trung Nguyen and his team, Sky Mavis has raised significant venture capital funding from prominent investors including Andreessen Horowitz and Paradigm. The company operates its own Ethereum sidechain called Ronin, designed to handle the high transaction volume required for blockchain gaming. Despite facing challenges including a major hack of the Ronin bridge in 2022, Sky Mavis continues to develop its gaming ecosystem and remains a leading player in the blockchain gaming space.
SkyMavis has received investment from 1 venture capital firm.
Vietnamese blockchain gaming company behind Axie Infinity, pioneering play-to-earn NFT games and operating the Ronin blockchain network.
SkyMavis has received investment from FTX Ventures. These venture capital firms and investors provide both capital and strategic support.
SkyMavis operates in the Web3 sector. Vietnamese blockchain gaming company behind Axie Infinity, pioneering play-to-earn NFT games and operating the Ronin blockchain network.
