AXS Price Soars 15% Following Sky Mavis and Act Games Collaboration


Sky Mavis, the developer of the blockchain-based game Axie Infinity, recently announced a partnership between their company and Act Games, a Korean gaming studio. This collaboration aims to integrate well-known Japanese video game franchises onto the Ronin blockchain, giving gaming enthusiasts an exciting new avenue to explore.

The partnership has prompted a surge in the price of AXS, the native cryptocurrency of Axie Infinity, by 15%. This reflects the confidence the industry has in the potential of the partnership to revolutionize the blockchain gaming landscape.

The initial incentives for the partnership include exclusive NFTs and token drops inspired by Tomy’s iconic anime series, Zoids Wild Arena. This will further encourage migration of users to the Ronin blockchain.

Axie Infinity has already gained impressive traction in the NFT space, with $4.2 billion in NFT sales volume and millions of daily active users. This positions Ronin as a significant player in the space, ranking just behind Ethereum in terms of NFT sales transactions.

The success of the partnership is also supported by Sky Mavis’ successful funding rounds, backed by prominent investors such as Andreessen Horowitz and Binance. This further cements the industry’s confidence in their vision and products.

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