About Sky Mavis
Sky Mavis offers blockchain-based battle games and fosters the gaming community. It develops Axie Infinity which is a digital pet universe game where players can engage in battles with virtual pets. The company was founded in 2019 and is based in Singapore.
ESPs containing Sky Mavis
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The play-to-earn (P2E) market is a rapidly growing space within the gaming industry that allows players to earn real-world value for their in-game activities. This is achieved through blockchain technology and non-fungible tokens (NFTs), which provide players with true ownership of their digital assets. P2E games offer an alternative to traditional gaming experiences by providing players with the …
Research containing Sky Mavis
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Sky Mavis in 5 CB Insights research briefs, most recently on May 17, 2023.
Expert Collections containing Sky Mavis
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Sky Mavis is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.
Latest Sky Mavis News
Nov 25, 2023
Axie Infinity records increased demand in November, on-chain data reveals 2min Read The demand for Axie Infinity in the last month has increased as on-chain data shows a notable increase in network activity. Posted: AXS accumulation has continued to outpace distribution. Leading play-to-earn (P2E) blockchain game Axie Infinity [AXS] has seen a sharp uptick in demand in the last 30 days, according to data from DappRadar . According to the on-chain data provider, the number of active wallets interacting with the Axie Infinity decentralized application (dApp) has increased 30% in the last month. At press time, the count of unique active wallets that have completed at least one transaction totaled 73,260. As its user count increased, the number of transactions completed on Axie Infinity grew as well. Data from the same source showed that the total number of transactions completed between these unique active wallets and the dApp’s smart contracts amounted to 1.41 million, jumping by 19% in the last 30 days. The increase in activity on Axie Infinity in the last 30 days is attributed to the series of ecosystem developments that have occurred during that period. Among these, the most notable is the collaboration between Sky Mavis, the developer of Axie Infinity, and the Korean gaming company Act Games, which aimed to integrate a number of Japanese Web2 games into the Ronin blockchain. This might have brought about an influx of new users who seek to test out Axie Infinity. Hence the surge in the game’s network activity. AXS holds its own At press time, AXS traded at $6.19, having recorded a 33% price hike in the last month, per data from CoinMarketCap . Although the alt’s price has consolidated in a tight range for most of November, spot market participants have continued to accumulate AXS. AMBCrypto found that the token’s key momentum indicators observed on a daily chart remained above their center lines. This suggested that buying pressure exceeds token distribution. At press time, AXS’ Relative Strength Index (RSI) was 56.45, while its Money Flow Index (MFI) was 63.48. Also, returning a positive value of 0.04 and positioned in an uptrend as of this writing, AXS’ Chaikin Money flow (CMF) signaled a steady inflow of liquidity into the alt’s spot market. Although, due to the uptick in profit-taking activity so far this month, AXS’ CMF has witnessed some decline. However, CMF maintaining its position above the zero line in the positive zone showed that the bulls retained market dominance. Source: AXS/USDT on TradingView
Sky Mavis Frequently Asked Questions (FAQ)
When was Sky Mavis founded?
Sky Mavis was founded in 2019.
Where is Sky Mavis's headquarters?
Sky Mavis's headquarters is located at 10 Anson Road, Singapore.
What is Sky Mavis's latest funding round?
Sky Mavis's latest funding round is Series C.
How much did Sky Mavis raise?
Sky Mavis raised a total of $311M.
Who are the investors of Sky Mavis?
Investors of Sky Mavis include Andreessen Horowitz, Animoca Brands, Paradigm, Dialectic, Binance Labs and 17 more.
Who are Sky Mavis's competitors?
Competitors of Sky Mavis include Animoca Brands, Digital Entertainment Asset, Neopets Metaverse, Planetarium Labs, Kryptomon and 7 more.
Compare Sky Mavis to Competitors
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