Close Menu
    What's Hot

    Ethereum Enters Strategic Pause: Will Accumulation Below Resistance Spark A Surge?

    Solana indicators point north, bulls test $165 target

    Cardano is at the Nexus of Bitcoin DeFi: Charles Hoskinson

    Facebook X (Twitter) Instagram
    yeek.io
    • Crypto Chart
    • Crypto Price Chart
    X (Twitter) Instagram TikTok
    Trending Topics:
    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News
    • DeFi
    • Ethereum
    • Meme Coins
    • NFTs
    • Web 3
    yeek.io
    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News
    • DeFi
    • Ethereum
    • Meme Coins
    • NFTs
    • Web 3
    NFTs

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

    Yeek.ioBy Yeek.ioNovember 27, 2024No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link Telegram LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Sky Mavis, the creator of the blockchain-based sport Axie Infinity and the Ronin Network, 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 concentrate on 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.

    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 announced the layoffs, calling it a “robust choice.” 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 wallet, the Mavis market, and increasing its web3 sport publishing efforts.

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

    Anticipated adjustments in regulatory insurance policies might present extra assist for blockchain applied sciences and digital belongings. Sky Mavis views these potential regulatory shifts as a chance to reinforce its choices and broaden its attain within the blockchain gaming business.

    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 Recreation?

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

    In response to a Sky Mavis, the upcoming sport will incorporate classes discovered from the unique Axie Infinity to enhance the person 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 present blockchain gaming framework.

    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
    Previous ArticleWhat the BTC bulls won’t tell you
    Next Article EEA Releases DLT Interoperability Specification
    Avatar
    Yeek.io
    • Website

    Yeek.io is your trusted source for the latest cryptocurrency news, market updates, and blockchain insights. Stay informed with real-time updates, expert analysis, and comprehensive guides to navigate the dynamic world of crypto.

    Related Posts

    Derivatives Platform Synthetix Eyes $27M Acquisition of Options Protocol, Derive

    May 14, 2025

    Is MIND of Pepe the Next 1000x Crypto? AI Coin Enters Final Days

    May 14, 2025

    Infinite NODE Foundation Acquires CryptoPunks IP

    May 14, 2025
    Leave A Reply Cancel Reply

    Advertisement
    Demo
    Latest Posts

    Ethereum Enters Strategic Pause: Will Accumulation Below Resistance Spark A Surge?

    Solana indicators point north, bulls test $165 target

    Cardano is at the Nexus of Bitcoin DeFi: Charles Hoskinson

    ChatGPT vs Cursor.ai vs Windsurf

    Popular Posts
    Advertisement
    Demo
    X (Twitter) TikTok Instagram

    Categories

    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News

    Categories

    • Defi
    • Ethereum
    • Meme Coins
    • Nfts

    Quick Links

    • Home
    • About
    • Contact
    • Privacy Policy

    Important Links

    • Crypto Chart
    • Crypto Price Chart
    © 2025 Yeek. All Copyright Reserved

    Type above and press Enter to search. Press Esc to cancel.