Sky Mavis, the company behind Axie Infinity and Ronin gaming network, recently laid off 21% of its staff. Co-founder Nguyen Thanh Trung stated that the decision was made to enhance focus and prepare for future growth, unrelated to financial concerns. The company is now prioritizing the Ronin wallet, Mavis marketplace, Axie Infinity, and a new game, along with expanding the Ronin Network. Despite facing challenges like hacking incidents on the Ronin Network, Sky Mavis remains optimistic about the future. Trung hinted at potential regulatory changes following Donald Trump's election victory, expecting a positive impact on Web3 projects. The company sees opportunities for innovation and adoption in the DeFi and gaming sectors. Sky Mavis aims to leverage its experience for the upcoming Axie Infinity game in Q1 2025, aligning with their long-term vision for success. Read more AI-generated news on: https://app.chaingpt.org/news