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The non-fungible token and blockchain gaming company Animoca Brands has announced the firm has raised $75 million from investors such as Kingsway Capital, Liberty City Ventures, and others. The capital injection of $75 million brings Animoca’s overall pre-money valuation to $5.9 billion. Animoca Brands Secures $75 Million to Bolster Digital Property Rights The Hong Kong-based […]Powered by WPeMatico
Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) network. On May 2, the Apecoin project announced that with Polygon support, APE is now available via MATIC’s 19,000 decentralized applications (dapps) and games. Apecoin […]Powered by WPeMatico
Be Media has begun an aggressive hiring process in the fields of blockchain development and project management following the acquisition.
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The NFT and Metaverse investment firm plans to continue building out its REVV Motorsport ecosystem with a Metaverse-first approach.
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“You will continue seeing us take that approach as we sort of, you know, try to shepherd companies into Web3,” said Animoca Brands chairman and co-founder Yat Siu.
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Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive compared the newly sanctioned Russia to North Korea. Animoca […]Powered by WPeMatico
Decentralized Metaverse tokens have made steady gains this week, despite a dump in the stock price of Meta Platforms.
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Animoca Brands has announced the blockchain and cryptocurrency-focused firm has raised $358.8 million to bolster the non-fungible token (NFT) industry and “build the open metaverse.” The capital raise follows the firm’s previous $65 million and $138.88 million raises last year and today, Animoca Brands has an overall valuation of $5 billion. Animoca Brands Raises $358 […]Powered by WPeMatico
“One of the most powerful things that tokenization does is release the energy of fans into tangible forms of value and meaning, we see this effect in NFTs and also social tokens,” said Animoca Brands co-founder Yat Siu.
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On December 14, Moonray PBC, the developer behind the multiplayer action-role-playing game (RPG) Moonray, announced that the project has raised $3.5 million from strategic investors. Moonray is considered the first metaverse and gaming non-fungible token (NFT) exchange built on the Bitcoin network via Stacks. Moonray PBC Leverages Stacks to Build a Blockchain Game on Bitcoin, […]Powered by WPeMatico