Founded in 2018, Sky Mavis is a startup that applies blockchain technology to games, the most prominent being Axie Infinity. This is a digital pet universe where players fight, raise, and exchange cute creatures called Axies.

I. OVERVIEW:

1. MISSION:

Sky Mavis builds products that allow people to truly own their digital identity and game content.

2. VALUE:

• Users are first: Sky Mavis speaks directly to users and gives them real stake in our product.
• Ownership matters: Sky Mavis believes in a world where users own their own data and history.
• Going beyond limits: Sky Mavis constantly pushes herself to the limit to achieve excellence.

3. PRODUCTS:

Axie Infinity is called the first blockchain game in Vietnam and Southeast Asia. According to Sky Mavis, Axie Infinity is the highest-grossing blockchain video game series on DappRadar.com and Dapp.com with $ 1.1 million from item sales, and $ 1.8 million from sales. Total trading transactions in the system since its release in May 2018.

Sky Mavis’ Axie Infinity has gained the most strength of this blockchain technology, which is that data will be stored and transmitted in blocks of information encrypted together on the internet.

These blocks will act as both storage of information that can also operate the server, players no longer have to worry about the game crashing or dying in the middle. Furthermore, the player’s information will be kept safe. In addition, a block of information written to the blockchain system has no way to change, it can only be added when consensus of everyone is reached, so the publisher cannot interfere. player’s account, creating absolute fairness for the game.

The Axie virtual pet ecosystem also applies a DNA algorithm, which helps decide the shape of the animals when mixed together, creating more attractive learning for players.

Most of the players and know about Sky Mavis game come from the US, Europe and Japan market because of the spread on blockchain groups, because the game market applying blockchain technology is still very new. According to Nguyen Thanh Trung, there are only about 20,000 people starting to play blockchain games in the world, but has received a lot of attention from large corporations.

III. MARKET DEMAND

1. MARKET DEMAND

Up to the present time, not many units have applied blockchain technology platforms to business in the Vietnamese market. The most recent is the cooperation between Beowulf Blockchain Company and Mai Linh Group in October. Accordingly, Beowulf Blockchain helps customers call and text the driver on the Mai Linh taxi app at no cost.

According to the report “Overview of Vietnam IT market 2019” from TopDev in May, in Vietnam, there are 10 publishers operating in the blockchain field with some prominent brands such as IBL, Kyber Network, Lina, Tomochain … However, most of their activities in Vietnam are for research and development of products for international markets.

The report cites IBL currently has more than 430,000 open source projects and 800 startups around the world operating in the blockchain sector. The finance and payments industry is the sector with the most participation in the technology, with a forecast of $ 20.3 billion by 2030.

Besides, Game is a very big market and is interested by many investors. According to Newzoo’s Global Game Market Report, an estimated 2 billion mobile gamers with revenue estimated at $ 100 billion by 2020. With the emergence of a new technology like blockchain, the gaming industry will new trends appear.

And According to Ceo of Sky Marvis – Mr. Trung Nguyen’s research , in the past, when any new technology appeared, people would often approach through the game to be able to understand faster. Technology companies like Microsoft or Facebook also have games on their products. It is both a way to attract users through entertainment, and for people to explore and learn more. Axie Infinity’s virtual pet ecosystem is where players can freely collect, trade or bring cute animals called Axie to fight.

2. ESTABLISHMENTS:

Founded in 2018, Sky Mavis is a startup that applies blockchain technology to the game, the most prominent being Axie Infinity. This is a digital pet universe where players fight, raise, and exchange cute creatures called Axies.

Through nearly 2 years of operation, this blockchain game has about 3,800 players. Although this number of players is not much compared to other online games, the virtual money traded in the game has reached more than 1.8 million USD and the highest transaction is 15,000 USD.

In November 2019, SkyMavis announced it successfully called a $ 1.5 million investment from investor Animoca Brands and other investors such as Hashed, Pangea Blockchain Fund, ConsenSys and 500 Startups. Animoca Brands is a unit that applies game theory, blockchain and artificial intelligence to develop products on mobile. The company is headquartered in Hong Kong, Canada, Finland and Argentina.

Recently, Sky Mavis is the only Southeast Asia startup supported by Ubisoft in the fifth Ubisoft Entrepreneur Lab (UEL) for eight international social entertainment startups.

Based in Paris, Ubisoft is one of the largest video game publishers in the world, with brands like AssassinTHER Creed, Far Cry, For Honor, Just Dance and Watch Dogs. UEL is born to help startups create products and services with the potential to change the entertainment industry.

In 2020, Sky Mavis is going to invest in the development of Aixe Infinity – a virtual pet ecosystem, for players to collect, buy, sell or use on mobile platforms.

III. ACHIEVEMENT:

Since its launch in May 2018, Sky Mavis has generated $ 1.1 million in revenue from the issuance of in-game assets and a total of $ 1.8 million in revenue from all merchandise transactions on the platform. your platform. That makes Axie Infinity one of the highest-grossing blockchain video games of all time, according to DappRadar.com and Dapp.com rankings. On average, a player has loaded into Axie up to 400 USD, 10 times higher than normal games.

In 2019, Sky Mavis received an investment of 1.5 million USD from Animoca Brands, Samsung, Klaytn – blockchain project of Kakao, MakerDAO, Loom Network and HTC … This call will help Sky Mavis quickly quickly made an offer to buy the Axie Infinity game universe and quickly deployed it in early 2020. In addition, the company continues to build a technology platform, creating blockchain-based applications for players in the real world.

Through nearly 2 years of operation, this blockchain game has about 3,800 players. Although this number of players is not much compared to other online games, the virtual money traded in the game has reached more than 1.8 million USD and the highest transaction is 15,000 USD.

In June 2020, Sky Mavis is the only Southeast Asia startup selected to participate in Ubisoft’s startup support program. Along with Sky Mavis there are Atlantide (France), Caregame (France), Immersiv.io (France), Planetarium (Korea), Sorare (France), Splinterlands (USA) and Xaya (UK). Based in Paris, Ubisoft is one of the largest video game publishers in the world, with brands like AssassinTHER Creed, Far Cry, For Honor, Just Dance and Watch Dogs. Led by the Ubisoft Strategic Innovation Support Program, UEL helps startups create products and services with the potential to change the entertainment industry.

CONTACT INFORMATION:

ADDRESS: Tầng 2, WMC Tower, Số 102A-B-C Cống Quỳnh, Phường Phạm Ngũ Lão, Quận 1, TP Hồ Chí Minh  Xem bản đồ

LEGAL REPRESENTATIVE: Nguyễn Thành Trung

EMIAL: [email protected]