Hey there, I’m Leon Ng – a gamer and an entrepreneur. My fascination with gaming and entrepreneurship began when I made my first money playing MapleStory, an online game with an intricate virtual economy that taught me the principles of supply and demand, market analysis, and identifying opportunities.
My insatiable curiosity for unique business prospects eventually led me to the world of cryptocurrency in 2016, where my co-founders of Acxyn, Jayden and Jason, and I started an Ethereum mining operation. We built critical infrastructure to manage 8000 machines across 80+ farms, but it was witnessing the growth and principles of Web3 that truly made me fall in love with blockchain.
This journey ultimately led us to create Acxyn, a project aimed at breaking down the barriers for indie game developers in the Web3 space. We had even explored the idea of building a Mahjong game on the blockchain, only to be met with technical hurdles, high costs, and the lack of plug-and-play tools. With such barriers, how would independent developers be able to enter Web3?
We realized that the Web3 ecosystem held tremendous potential but lacked a viable economic framework. That’s where Acxyn comes in – to provide a path to success for indie game developers through no-code tools, fundraising, and monetization models.
In just 8 months since our inception in July 2022, 80 game studios have already signed up for our Proof-of-Concept (POC) in March 2023, where they can test our product and services extensively.
In December 2022, we released our Minimum Viable Product (MVP) and have since been incubated by Tezos and the Malaysian government’s Cradle Fund. We discovered that only 7% of indie game developers are able to raise enough funds for their next game, which is a major problem in the industry.
Through our own experience building a Web3 game, we recognized the opportunity to address the technical issues and financial inequalities faced by game developers.
Our aim is to provide game developers with the freedom to focus on creating games that gamers love without the added burden of managing complex Web3 infrastructure. It is important for us that game developers feel valued and successful, since their success is also our success.
The Acxyn team brings an exclusive perspective to the gaming industry, with experience as game developers, entrepreneurs, and Web3 builders. Our mission is to drive innovation in game economics and commercial opportunities that positively impact the developer community.
To achieve this, we’re developing infrastructure that facilitates seamless transitions for games into Web3, allowing them to reap the economic benefits. Our tools will include a globally-recognized valuation framework that accurately reflects the true value of games based on player enjoyment, providing developers with valuable insights to enhance their product and valuation through data-driven analysis.
In addition, we would love to explore ways to use artificial intelligence to provide data insights and create more accurate predictions. Machine learning algorithms will enhance our analysis of data and improve predictions. We hope that AI can assist in securing token ecosystems by detecting and preventing malicious activities, ultimately creating a more efficient and robust ecosystem that minimizes fraud.
The pace of innovation in Web3 technology is incredibly fast and dynamic!
As a team, we strive to learn, adapt and improve – addressing key challenges and diving into the core of technology. Our objective is to gain a deeper understanding of the technology’s foundations, filter out the noise, and maintain our focus on building.
We undertake this effort so that game developers don’t have to. We understand the difficulties of keeping up with evolving technology and staying ahead of market trends. Our aim is to enable developers to concentrate fully on creating excellent games while benefiting from the full range of cutting-edge technologies!
One of the biggest challenges we have faced so far was the fall of FTX. It brought a wave of fear, uncertainty and doubt to the entire blockchain market, testing the resilience of many projects in the industry. Acxyn was not immune to this challenge, but the team remained steadfast in their goals and focused on what we could control. Despite the impact of market speculation, Acxyn continued to build their infrastructure and grow their business.
I believe that running a successful business requires a winning mentality, resilience, and a growth mindset. As a founder, it’s crucial to stay humble, learn to adapt, and stay motivated to lead the team to success. Since embarking on this business, Acxyn has helped me develop a more versatile approach to problem-solving by exposing me to various subject matters. I’ve been able to think outside the box and consider different perspectives, which has enhanced my brainstorming abilities. Engaging in constructive discussions and exchanging valuable insights has also become more natural for me. I’ve learned to embrace feedback and criticism with a growth mindset, constantly challenging my beliefs and striving for personal improvement.
Marvin is not just my business partner and co-founder, but also a mentor who inspires me every day. His unwavering ambition and drive are truly inspiring, and he always has a clear vision for the future. With his incredible creativity, he comes up with unique ideas and solutions to overcome any challenges that come our way.
As an entrepreneur, leader, and mentor, Marvin keeps our team focused and goal-driven. His contagious enthusiasm and determination make working with him a pleasure, and he sets an excellent example for all of us to follow.
My heartfelt wish for Acxyn is to grow every day and become the leading innovator in the gaming industry, providing the essential infrastructure for every game powered by Web3. As the gaming industry is full of opportunities, I aspire for Acxyn to inspire and motivate game developers in pursuing their passion for creating amazing games.
My ultimate goal is for Acxyn to be remembered as the pioneer of revenue generation solutions, driving sustainable Web3 adoption for games and empowering game developers with Acxyn’s solution to increase their success rate and survivability.
We are thrilled to announce that we have been chosen as one of the top 5 projects in the Mystartup accelerator, powered by Cradle. Despite the many obstacles we have faced along the way, it is a true honor to be acknowledged for our efforts. This recognition serves as proof of the unwavering devotion and perseverance that our team has poured into this endeavor, and we are grateful for the chance to exhibit our accomplishments. We are excited to keep pushing forward and delivering real value to gamers in the years to come.
When we look for the impossible, innovation is possible – find it!
Like what we do? Get in touch with us on these platforms: Telegram | Twitter | LinkedIn