The team behind Axie Infinity, a globally popular play-to-earn blockchain game, has revealed a new partnership that would be of interest to anime fans and highlights its progress in the metaverse coin market. Sky Mavis, the creative team behind Axie Infinity, has made headlines with a groundbreaking collaboration in the Web3 world.
The company has teamed up with CyberKongz, a significant NFT project, to promote Genkai NFT. This partnership signifies the joint enthusiasm of both companies to transform the gaming landscape. It also marks an exciting step towards establishing a gaming ecosystem that encourages extensive asset liquidity and community-owned protocols.
The partnership between Sky Mavis and CyberKongz aims to launch Genkai NFT on the Mavis platform. Recognized as the next version of the CyberKongz NFT series, this anime-inspired art collection will enthrall enthusiasts and collectors alike. Genkai’s minting phase is scheduled for July 27, 2023, with plans to release 4,000 Genkais and an additional 16,000 NFTs on Ethereum via Mavis Market. As part of the celebrations, Sky Mavis is rewarding each Mystic Axie owner with one Genkai NFT per Mystic Axie, offering special rewards for its dedicated user base. Additionally, those who purchase Genkai on all Ethereum will have the option to migrate to Ronin in the future.
According to CyberKongz founder and artist Myoo, the partnership provides an opportunity to support gaming ecosystems while expanding their user base. The introduction of Genkai represents a pivotal moment for CyberKongz, which aims to extend its reach into Southeast Asia and Japan.
Furthermore, CyberKongz is working with Ronin to develop an innovative game featuring Genkai, with the ambitious objective of revolutionizing Web3 IP in a gamified manner. Genkai’s success in the minting process is tied to CyberKongz’s use of ERC-721x smart contracts.
This cutting-edge technology simplifies transactions for Blockchain gaming protocols while also ensuring a smooth and secure user experience. Notably, the ERC-721x smart contract allows NFTs to accumulate rewards while locked, providing “non-staking staking” by safeguarding assets against unauthorized movements.
The collaboration between Sky Mavis and CyberKongz aligns with Sky Mavis’ vision of making Ronin the industry standard for Blockchain gaming. By partnering with a prominent NFT project like CyberKongz, Sky Mavis supports a shared user base and community-owned protocols.
The aim is to establish a dynamic gaming ecosystem that generates unparalleled asset liquidity. The spectacular success of Axie Infinity and CyberKongz’s achievement of burning $4 million worth of ETH in just five hours during a mint event in 2021 attests to the immense potential of blockchain games and the NFT space. Since 2021, the nascent industry has seen inconsistent growth. Partnerships like this one are undoubtedly shaping the future of gaming and cryptocurrency ownership.