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Sky Mavis Confirms 21% Layoffs, Teases New Axie Infinity Game

27 November 2024
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Sky Mavis, the creator of the blockchain-based recreation Axie Infinity and the Ronin Community, has laid off 21% of its workforce as a part of a strategic realignment.

The corporate said the choice was unrelated to monetary constraints and as an alternative aimed toward streamlining its concentrate on key initiatives.

Alongside the layoffs, Sky Mavis introduced plans for a brand new Axie Infinity recreation set for launch in early 2025, signaling a shift in priorities for the corporate.

Sky Mavis Layoffs Due to Strategic Decisions Supply: Sky Mavis

Workforce Discount and Strategic Focus

On November 23, Sky Mavis co-founder Nguyen Thanh Trung introduced the layoffs, calling it a “robust resolution.” The discount impacts 21% of the corporate’s workforce. Trung emphasised that the layoffs weren’t pushed by monetary points however had been meant to align the corporate’s sources with its long-term plans.

Sky Mavis will now prioritize key initiatives, together with the event of Axie Infinity, the Ronin pockets, the Mavis market, and increasing its web3 recreation publishing efforts.

The announcement additionally referenced the broader regulatory atmosphere the place Trung expressed optimism about latest developments, significantly in the USA, following Donald Trump’s presidential election victory.

Anticipated modifications in regulatory insurance policies may present extra help for blockchain applied sciences and digital belongings. Sky Mavis views these potential regulatory shifts as a chance to boost its choices and develop its attain within the blockchain gaming trade.

Sky Mavis Teases New Axie Infinity Game
Sky Mavis Teases New Axie Infinity Game Supply: Axie Infinity

What do we all know in regards to the new Axie Infinity Sport?

The corporate confirmed {that a} new Axie Infinity recreation is in improvement and scheduled for launch within the first quarter of 2025.

In keeping with a Sky Mavis, the upcoming recreation will incorporate classes discovered from the unique Axie Infinity to enhance the consumer expertise.

Particulars in regards to the recreation’s options or target market haven’t been disclosed, however it’s anticipated to construct on the corporate’s current blockchain gaming framework.



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Tags: AxieconfirmsGameInfinityLayoffsMavisSkyTeases
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