News with the tag "Sky Mavis"

Messari, a crypto market intelligence platform, announced that it was laying off 15% of its full-time employees to focus on growing its core product lines. The decision came amid a wave of crypto industry layoffs that have impacted several high-ranking crypto firms. Eric Turner, Messari’s CEO, said ...

Gamers of a certain age will feel the nostalgic pull of the Web3 incarnation of a 2000s MMORPG fan favorite.

Ronin, the Layer 1 blockchain developed by Sky Mavis, experienced a significant 149% year-over-year increase in DeFi TVL, reaching $147 million in Q3 2024. There are several factors influencing this growth. One of the major catalysts was, however, the price surge of the RON token. Ronin’s DeFi, NFT ...

Sky Mavis, the company behind Axie Infinity, is laying off 21% of its workforce as part of a strategic refocus. Laid-off Workers to Receive Job Placement Assistance Sky Mavis, the blockchain startup behind Axie Infinity, announced plans to lay off about 50 employees, or 21% of its workforce. The com...

Sky Mavis has announced a workforce reduction. It has cut 21% of its employees as part of a broader strategic realignment. The post Sky Mavis Restructures Workforce, Lays Off 21% to Sharpen Strategic Focus appeared first on TheCoinrise.com .

Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.

The company says the move, which will affect 50 of its 250 employees, is part of a strategic realignment rather than financial distress.

Sky Mavis workforce layoffs impact 21% of staff as the Axie Infinity developer announces strategic changes, aiming for growth and innovation by 2025. Read original article on coincu.com

Sky Mavis co-founder Jeffrey Zirlin believes that Ronin has a “dedicated and resilient community” that has been built since the launch of Axie Infinity.

Ronin blockchain surpasses every other blockchain in daily active users, recording a two million DAU count on July 29.