In a groundbreaking collaboration within the world of Web3, Sky Mavis, the visionary creator behind the immensely popular blockchain game Axie Infinity, has joined forces with CyberKongz, a major NFT project, to introduce the Genkai NFT mint. This partnership marks an exciting step forward for both companies as they seek to revolutionize the blockchain gaming landscape and create a gaming ecosystem that fosters deep asset liquidity and community-owned protocols.
Axie Infinity, a play-to-earn gaming sensation, has garnered incredible success, amassing a staggering $1.3 billion in revenue to date. The game’s innovative concept of allowing players to earn crypto tokens for playing has redefined the gaming industry, making it a trailblazer in the world of blockchain gaming.
The collaboration between Sky Mavis and CyberKongz aims to launch the Genkai NFT mint on the Mavis Marketplace. This anime-inspired art collection, known as the next edition of CyberKongz intellectual property, is set to captivate enthusiasts and collectors alike. The Genkai mint will take place on July 27, 2023, at 9 a.m. Pacific time, offering 4,000 Genkais on Sky Mavis’ Ronin platform via the Mavis Market and an additional 16,000 NFTs on the Ethereum Mainnet.
As part of the celebration, Sky Mavis plans to reward each Mystic Axie holder with a Genkai NFT per Mystic Axie owned, solidifying their commitment to their loyal user base. Moreover, all Ethereum Genkai holders will have the option to migrate to Ronin in the future, expanding the utility and accessibility of the NFTs.
According to the founder and artist of CyberKongz, Myoo, this partnership presents an opportunity to bolster their gaming ecosystem while broadening their holder base. The introduction of Genkai represents a pivotal moment for CyberKongz as it aims to extend its intellectual property into the Southeast Asian and Japanese markets. Additionally, CyberKongz is collaborating with Ronin to develop an innovative game featuring Genkai, with the ambitious aim of revolutionizing web3 IP in a gamified manner.
Key to the Genkai mint’s success is CyberKongz’s utilization of the ERC-721x smart contract. This cutting-edge technology streamlines transactions for blockchain gaming protocols, ensuring a seamless and secure experience for users. Notably, the ERC-721x smart contract enables “stakeless staking,” allowing NFTs to accumulate rewards while locked, safeguarding assets from unauthorized movement.
The partnership between Sky Mavis and CyberKongz aligns with Sky Mavis’ vision to establish Ronin as the industry standard for blockchain gaming. By collaborating with a prominent NFT project like CyberKongz, Sky Mavis aspires to create a dynamic gaming ecosystem that fosters a shared user base and community-owned protocols, generating unparalleled asset liquidity.
Axie Infinity’s groundbreaking success and CyberKongz’s notable achievement of burning $4 million worth of Ether in just five hours during its minting event in 2021 are testaments to the immense potential of blockchain gaming and the NFT space. As the gaming industry continues to evolve, partnerships like these will undoubtedly shape the future of gaming and digital asset ownership.
In conclusion, the collaboration between Sky Mavis and CyberKongz represents a milestone moment for both companies and the wider Web3 ecosystem. With the launch of the Genkai NFT mint and the development of a game featuring Genkai, the partnership showcases the true potential of blockchain gaming and NFTs to create engaging experiences for users while fostering community ownership and asset liquidity. As the industry continues to innovate, we can only anticipate further exciting developments that will redefine the boundaries of gaming and digital ownership.
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