Sky Mavis, the creator of the blockchain-based sport Axie Infinity and the Ronin Community, has laid off 21% of its workforce as a part of a strategic realignment.
The corporate acknowledged the choice was unrelated to monetary constraints and as an alternative aimed toward streamlining its deal with key initiatives.
Alongside the layoffs, Sky Mavis introduced plans for a brand new Axie Infinity sport set for launch in early 2025, signaling a shift in priorities for the corporate.
Supply: Sky MavisWorkforce Discount and Strategic Focus
On November 23, Sky Mavis co-founder Nguyen Thanh Trung introduced the layoffs, calling it a “robust determination.” The discount impacts 21% of the corporate’s workforce. Trung emphasised that the layoffs weren’t pushed by monetary points however had been supposed 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 sport publishing efforts.
The announcement additionally referenced the broader regulatory surroundings the place Trung expressed optimism about latest developments, significantly in america, following Donald Trump’s presidential election victory.
Anticipated modifications in regulatory insurance policies might present extra help for blockchain applied sciences and digital property. Sky Mavis views these potential regulatory shifts as a chance to boost its choices and broaden its attain within the blockchain gaming trade.
Supply: Axie InfinityWhat do we all know concerning the new Axie Infinity Sport?
The corporate confirmed {that a} new Axie Infinity sport is in growth and scheduled for launch within the first quarter of 2025.
In line with a Sky Mavis, the upcoming sport will incorporate classes discovered from the unique Axie Infinity to enhance the consumer expertise.
Particulars concerning the sport’s options or target market haven’t been disclosed, however it’s anticipated to construct on the corporate’s present blockchain gaming framework.
