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 geared 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.
Workforce Discount and Strategic Focus
On November 23, Sky Mavis co-founder Nguyen Thanh Trung introduced the layoffs, calling it a “tough decision.” The discount impacts 21% of the corporate’s workforce. Trung emphasised that the layoffs weren’t pushed by monetary points however have been supposed to align the corporate’s assets 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 assist for blockchain applied sciences and digital property. Sky Mavis views these potential regulatory shifts as a chance to reinforce its choices and develop its attain within the blockchain gaming business.
What do we all know in regards to 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 keeping with a Sky Mavis, the upcoming sport will incorporate classes discovered from the unique Axie Infinity to enhance the consumer expertise.
Particulars in regards to the sport’s options or audience haven’t been disclosed, however it’s anticipated to construct on the corporate’s current blockchain gaming framework.