CoinEfficiency

Sky Mavis Expands Ronin Network with New Gaming Ecosystem

Sky Mavis partners with four gaming studios to enhance the Ronin Network, creating a robust blockchain gaming ecosystem.
Published on 2023-03-30

Sky Mavis' Strategic Expansion

Sky Mavis, the innovative force behind Axie Infinity, has announced a major expansion of its Ronin Network. This development features partnerships with four gaming studios: Directive Games, Tribes, Bali Games, and Bowled.io. These collaborations are set to enhance the Ronin Network, fostering a thriving gaming ecosystem on blockchain technology.

New Partnerships to Boost the Ronin Network

The involvement of these gaming studios signifies a strategic move by Sky Mavis to diversify and strengthen the Ronin Network. By integrating various gaming experiences, Sky Mavis aims to create a more dynamic and engaging environment for gamers worldwide. This approach is designed to attract a broader audience and increase the appeal of blockchain-based gaming.

Transition to Delegated Proof-of-Stake

In addition to these partnerships, Sky Mavis is transitioning the Ronin blockchain into a delegated proof-of-stake (DPoS) consensus mechanism. This shift is crucial as it aims to enhance the network's efficiency and scalability. DPoS is known for its ability to facilitate faster transactions while maintaining a high level of security, making it an ideal choice for the growing demands of blockchain gaming.

Implications for the Blockchain Gaming Industry

The development of a native gaming ecosystem on the Ronin Network positions Sky Mavis at the forefront of blockchain gaming innovation. By leveraging the strengths of multiple gaming studios and adopting advanced blockchain technology, Sky Mavis is poised to redefine the gaming landscape. This initiative not only enhances the Ronin Network but also sets a precedent for future developments in blockchain gaming ecosystems.

Sky Mavis' strategic moves highlight its commitment to pushing the boundaries of what's possible in blockchain gaming, ensuring its continued relevance and leadership in the industry.

What is Coinefficiency?

Coinefficiency is your go-to platform for optimizing cryptocurrency trading, investments and strategies. We provide a comprehensive suite of tools to analyze market trends, monitor price movements, and execute effective trading strategies. Whether you're a seasoned trader or new to crypto, Coinefficiency helps you maximize your profits with data-driven insights.

Why Use Coinefficiency?

  • Advanced market analytics to identify trading opportunities.
  • Compare markets relative performance.
  • Understand market cycles over time. See market levels.
  • Compare buy-and-hold, portfolio rebalancing, Dollar-Cost-Averaging trading strategies.

With Coinefficiency, you can stay ahead of the market and execute efficient trading strategies effortlessly.

Get Started with Coinefficiency

Ready to optimize your crypto investments? Take control of your portfolio with cutting-edge tools designed for both beginners and experts.