Sky Mavis, the company behind Axie Infinity, has strategically laid off 21% of its workforce, a decision not driven by financial constraints but aimed at streamlining operations for future growth. Concurrently, the company has launched Axie Infinity: Origins on the Apple App Store in key markets, sparking a temporary rise in its AXS token value. Additionally, Axie Infinity is expanding its gaming portfolio with the announcement of Atia’s Legacy, a new MMO game set to enter alpha testing on the Ronin network, which is transitioning back to Ethereum as a Layer 2 solution.
These developments highlight Sky Mavis's commitment to innovation and adaptation in the competitive Web3 gaming space. The strategic workforce reduction, coupled with new game releases and technological advancements, positions Axie Infinity to potentially capture a larger market share in Asia and Latin America. However, the company faces challenges, including intellectual property disputes and a broader decline in NFT sales, which could impact its growth trajectory.
Axie Infinity's Strategic Evolution: What It Means for AXS
November 03, 2025
1 min read
Sky Mavis, the company behind Axie Infinity, has strategically laid off 21% of its workforce, a decision not driven by financial constraints but aimed at streamlining operations for future growth. Concurrently, the company has launched Axie Infinity: Origins on the Apple App Store in key markets, sparking a temporary rise in its AXS token value.