![]() Amanotes’ co-founders Vo Tuan Binh (left) and Nguyen Tuan Cuong. The influx of capital has also put pressure on game publishers to ship titles quickly, making some developers worry that this will compromise the quality of new games. The country’s talent shortage has led to fierce competition. Even though the game was available in app stores for less than one year, its success story has since become an inspiration-and a cautionary tale-for many Vietnamese game publishers.Īs Southeast Asia’s game development hub, Vietnam is home to an array of renowned game studios including French video game publishers Gameloft and Ubisoft, as well as local gaming and entertainment unicorn VNG.īut as the sector grows, with new coders and designers being trained by those who shaped Vietnam’s game development scene nearly a decade ago, it is experiencing growing pains. This rise to prominence, however, was suffocating for the game developer, who decided to take Flappy Bird offline that same month. By February the following year, it was the most popular mobile game by downloads across Google Play and the Apple App Store in 100 countries, with over 50 million downloads, per a report by Rolling Stone. It was developed by Nguyen Ha Dong in April 2013 and became an overnight sensation. (system supported by DigitalSiber.Flappy Bird was a side-scroller mobile game where players had to steer a bird to fly between green pipes and avoid collisions. So there may still be inaccuracies in translating, please always see Indonesian as our main language. The English, Chinese, Japanese, Arabic, French, and Spanish versions are automatically generated by the system. At the time of writing, the price of AXS is trading at Rp.1,940,035 according to data from CoinMarketCap. This information was announced by Sky Mavis after the AXS token skyrocketed significantly to a new all-time high price (ATH) on Octoyesterday at a price of IDR 2,206,425. In addition, Sky Mavis is also planning to upgrade its gaming platform and launch a decentralized exchange (Dex) based on Ronin. “While we have been upgrading at an astonishing rate, adding institutional investors to our community will allow us to expand our reach, strengthen our legitimacy in terms of regulatory protections, and will give us the flexibility to upgrade and recruit aggressively without touching our AXS. Sky Mavis revealed that the emergence of large investors in the funding allowed the company to expand its reach. Developer Axie Infinity revealed that the funds will be used to "create economic and financial freedom for gamers." Launching Cointelegraph, the large injection of funds came from leading crypto and blockchain companies such as global exchange FTX, venture capital firm Andreessen Horowitz also participated in the funding round.Īpart from these two companies, there are Accel, Paradigm, Fabric Ventures, Standard Crypto, and Samsung Next and many more. The announcement was made by Sky Mavis on Tuesday, October 5 yesterday. JAKARTA – Studio maker of the popular game Axie Infinity, Sky Mavis announced that it received an injection of funds in the first round of 152 million US dollars (equivalent to Rp.
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