Sky Mavis, the corporate behind the favored play-to-earn (P2E) blockchain sport Axie Infinity, has introduced a partnership with the Ethereum-based nonfungible token (NFT) assortment CyberKongz to create a extra complete gaming ecosystem for the Ronin blockchain.

Within the announcement, the corporate additionally teased the creation of a brand new sport, although it solely supplied scant particulars concerning the upcoming sport growth. Nevertheless, Kathleen Osgood, the pinnacle of enterprise growth at Sky Mavis, informed Cointelegraph in an announcement that the brand new sport can be interoperable by integrating with current Axie Infinity experiences.

Other than a brand new sport, the announcement additionally highlighted that CyberKongz’s Play & Kollect sport — a Polygon-based blockchain sport that integrates soulbound tokens and permits gamers to gather NFTs from inside the sport — can be migrating to the Ronin blockchain. In accordance with the announcement, the transfer to the Ronin blockchain will enable CyberKongz to broaden its person base by accessing Ronin’s core gaming neighborhood.

Axie Infinity’s gross sales quantity soared in 2021 however slowed all through 2022 and 2023. Supply: CryptoSlam

Axie Infinity grew to become well-liked in 2021 for introducing a brand new paradigm in gaming known as the “play-to-earn.” This allowed gamers to earn crypto tokens for enjoying the sport. The sport stays the highest challenge by gross sales quantity, in response to the NFT information tracker CryptoSlam. Then again, CryptoKongz additionally hit the headlines in 2021 for burning $4 million of Ether (ETH) in 5 hours throughout its minting occasion. 

Associated: Dota 2, Rocket League execs ‘need to discover’ Web3 and blockchain gaming

In comparison with the NFT craze in 2021, curiosity in blockchain gaming has been decrease just lately, with some crypto-based video games like Neopets transitioning to a non-crypto strategy.

Earlier this 12 months, Aleksander Larsen, the co-founder of Sky Mavis, informed Cointelegraph that the play-to-earn mannequin “doesn’t work in its present state.” Larsen highlighted on Jan. 12 that video games should be enjoyable first and require a stable financial backing enabling gamers to earn.

Regardless of this, Osgood stays constructive that the catalyst for the revival of the blockchain gaming area will come from a sport or an expertise that “actually understands the underlying motivations driving customers in the direction of Web3.”

In accordance with the exec, many groups inside the area have solely been attempting to repeat and paste what has labored in Web2. Nevertheless, Osgood believes this won’t be the catalyst for explosive progress. She defined:

“The potential to draw an enormous viewers lies within the modern strategy of leveraging Web3 as a brand new expertise whereas successfully tapping into customers who’re inherently drawn to its distinctive choices.”

Osgood additionally informed Cointelegraph that Sky Mavis has began to open up its infrastructure to the Web3 ecosystem by means of the Ronin blockchain. The exec mentioned this may result in the creation of gaming communities which are extra rewarding and longer-lasting.

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