Sky Mavis, developer of the popular Axie Infinity Play-to-Earn game, announces a partnership with Ethereum-based NFT collection CyberKongz. Together, they plan to develop a more fleshed-out gaming ecosystem for the Ronin blockchain.
A new title in the pipeline
In the initial announcement, Sky Mavis also hinted at the creation of a new title, although few details are provided at this time. The aim of this partnership is to establish a more complete and diverse gaming universe on the Ronin blockchain.
Genkai: a brand-new NFT collection
CyberKongz will unveil a new NFT collection called Genkai on July 27. Part of these NFTs will be mined on Ronin, the Ethereum sidechain used by Sky Mavis for Axie Infinity, one of the most popular play-to-earn in the crypto ecosystem. The Genkai collection will comprise 20,000 NFTs, including 16,000 on Ethereum and 4,000 on Ronin. The public will be able to "mine" these NFTs on Ethereum from July 27 at a price of 0.25 ETH per NFT. In addition, Mystic Axie NFT holders will receive a free Genkai NFT.
A strategic move for CyberKongz
With a total transaction volume of $210 million and the migration to Ronin, CyberKongz demonstrates its commitment to growth. This collaboration between two industry giants heralds a major evolution for NFTs in general.
A promising partnership for the NFT ecosystem
This partnership between Sky Mavis and CyberKongz could mark a turning point in the NFT market. By joining forces, these two major industry players aim to create a more robust and efficient NFT ecosystem.
- Axie Infinity is the leading NFT collection of all time, with over $4.2 billion in secondary sales.
- CyberKongz is also one of the largest NFT collections, with over $300 million in secondary market transactions.
The alliance of these two NFT market heavyweights should give rise to an even more attractive gaming and investment universe for crypto-currency enthusiasts.
Growing adoption of NFT in the gaming world
The growing popularity of NFTs in the video game industry is paving the way for new opportunities for developers and investors alike. By leveraging blockchain technology and NFTs, Play-to-Earn games like Axie Infinity offer players the chance to earn monetary rewards while having fun. With this strategic partnership between Sky Mavis and CyberKongz, the possibilities offered by NFTs will further expand and enrich the player experience. The partnership between Sky Mavis and CyberKongz is a major announcement for the NFT market and the gaming world. Together, they intend to develop a broader gaming ecosystem for the Ronin blockchain and capitalize on the growing popularity of NFTs in the video game industry. The new NFT Genkai collection is a first step towards this promising collaboration, and it will be interesting to follow future developments arising from this alliance.
