Sky Mavis

Sky Mavis (operating at skymavis.com) is a blockchain-driven gaming platform engineered for decentralized player engagement. Founded in 2018 and headquartered in Singapore, Sky Mavis revolutionized traditional gaming by introducing player-owned economies through its flagship product, Axie Infinity. Unlike conventional gaming models where players spend money to progress, Sky Mavis enables users to earn cryptocurrency by participating in gameplay, blending entertainment with real-world economic incentives. Under the hood, the platform leverages Ethereum-based smart contracts and non-fungible tokens (NFTs) to create a transparent, secure, and interoperable ecosystem. This allows gamers—particularly in emerging markets—to monetize their skills, fostering financial independence while expanding global accessibility. Backed by over **$311.5M** in funding across five rounds, including strategic investments from undisclosed backers, Sky Mavis has scaled to over 129 employees, cementing its role as a pioneer in the play-to-earn gaming sector.