A Vietnamese blockchain game start-up was poured 7.5 million USD

Vietnamese Blockchain game start-up Sky Mavis has just announced that it has raised $ 7.5 million in a Series A funding round, led by Libertus Capital, a British venture capital fund…

Start-up Sky Mavis has just received another $7.5 million from investors In addition to billionaire Mark Cuban, the “shark” in the American game show Shark Tank, there are also Alexis Ohanian- Co-founder of Reddit and John Robinson- CEO of 100 Thieves who poured capital into Vietnamese Blockchain game start-up Sky Mavis. With this funding round, Sky Mavis will invest to increase the size of its staff and improve technology, bringing the game Axie Infinity to more players. Founded in 2018 by three Vietnamese and two foreigners, Sky Mavis is a start-up that applies blockchain technology to games, the most prominent of which is Axie Infinity. This is a digital pet universe where players fight, raise and trade cute creatures called Axies. This start-up game received $1.5 million in 2019 in the first round of funding for a blockchain game called Axie Infinity from the Hashed cryptocurrency fund (Korea), the blockchain fund Pangea (Switzerland), ConsenSys (USA) and 500 Startups. Axie Infinity is the first blockchain game in Vietnam and Southeast Asia. According to Sky Mavis data, Axie Infinity is the highest grossing blockchain video game series on DappRadar.com and Dapp.com. This is a gaming ecosystem NFT(Non-Fungible Token) is a major digital asset with over 41,000 daily active users and around 45,000 Axies holders. This game helps Sky Mavis earn more than 15 million USD in monthly NFT revenue. This is also the leading blockchain game of the Ethereum ecosystem. Sky Mavis’s Axie Infinity has acquired the strongest point of this blockchain technology, which is that data will be stored and transmitted in encrypted blocks of information on the Internet. These blocks will play the role of both storing information that can also operate the server, players no longer have to worry about the game crashing or dying midway. Moreover, the player’s information will be kept safe. In addition, a block of information written to the blockchain system cannot be changed, it can only be added when everyone’s consensus is reached, so the issuer cannot interfere. the player’s account, creating absolute fairness for the game. The Axie virtual pet ecosystem also applies a DNA algorithm, which helps determine the shape of the animals when combined, creating a more attractive learning experience for players. The majority of players and know about Sky Mavis’ games from the US, Europe and Japan markets are thanks to the spread on blockchain groups, because the game market applying blockchain technology is still very new. Games with digital ownership, making it possible for players to become owners, are creating a new wave of experimentation and value in the gaming industry, according to experts. Recently, Sky Mavis is the only start-up in Southeast Asia supported by Ubisoft (one of the world’s largest video game publishers) in the fifth Startup Support Program for 8 international start-ups. in the field of social entertainment…