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Brief
S

Sky Mavis

Enables players to earn cryptocurrency through gameplay while building a decentralized gaming ecosystem with true digital asset ownership.

Ho Chi Minh City, VietnamFounded 2018

Last updated May 11, 2026 by ATDb automated enrichment

Industry
Blockchain Gaming / Web3
Business Model
Gaming Platform / Blockchain Infrastructure
Target Market
Gaming Community / Crypto Users
Employee Count
201-500
Funding
$311M
API Available
Yes
Market Position

Leading blockchain gaming platform and pioneer in play-to-earn gaming model

Overview

Sky Mavis is a blockchain gaming company founded in Vietnam that developed Axie Infinity, one of the most successful NFT-based games in the crypto gaming space. The company pioneered the play-to-earn gaming model, where players can earn cryptocurrency through gameplay. Sky Mavis also developed Ronin, an Ethereum sidechain specifically designed to support blockchain gaming with lower transaction fees and faster processing times. While not a traditional AdTech company, Sky Mavis operates in the gaming and blockchain technology sector. The company gained significant attention during the NFT boom of 2021 and has built a substantial ecosystem around its gaming platform. In 2022, Sky Mavis experienced a major security breach on its Ronin Network, resulting in one of the largest cryptocurrency thefts in history, but has since recovered and continued development. The company has raised substantial venture capital funding and continues to expand its gaming ecosystem and blockchain infrastructure.

Products & Features

Axie Infinity

NFT-based play-to-earn game where players collect, breed, and battle creatures called Axies

Ronin Network

Ethereum sidechain designed specifically for blockchain gaming with low fees and fast transactions

Ronin Wallet

Cryptocurrency wallet designed for the Ronin ecosystem

Mavis Hub

Gaming platform and launcher for Sky Mavis games

Axie Infinity: Origins

Revamped version of Axie Infinity with improved gameplay mechanics

Key Features
Play-to-earn gaming mechanicsNFT-based digital asset ownershipBlockchain-based gaming infrastructureLow-fee transaction processing via Ronin sidechainIn-game cryptocurrency economy (AXS and SLP tokens)Breeding and trading mechanics for digital creatures
Use Cases
Play-to-earn gamingDigital asset trading and collectingBlockchain-based esportsNFT marketplace transactionsDecentralized gaming economy participation
Customer Segments
Blockchain gaming enthusiastsCryptocurrency investorsPlay-to-earn gamersNFT collectorsWeb3 early adopters
Connections

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