Cointime

Download App
iOS & Android

Brave Group Announces Its Alliance With Animoca Brands To Boost Web3 Initiatives

The Brave Group takes immense pleasure and feels extremely proud in making its formal announcement of having forged a capital and business alliance with Animoca Brands Japan. The aim and intention behind this were to give wings to their carefully planned mission, Strike Wonder in 8 billion hearts. In their opinion, in order to achieve this, it is indeed the need of the hour to completely focus on the ultimate form of development, where their IPs, together with the proper usage of Web3, are concerned.

Since then and at the present moment in time, the Group has been successful in making its mark in several verticals in the Metaverse, such as IP business, which happens to handle RIOT MUSIC and Vspo. This happens to be a new-age virtual eSports project.

In the case scenario of Animoca Brands, it happens to be the parent company of Animoca brands Japan. The company happens to be operating from Hong Kong. It is actively engaged in the creation of its very own Web3 ecosystem. It also happens to be regularly making investments in all sorts of blockchain games, Metaverse, DeFi, and along with all of that, in crypto wallets all across the globe. This company happened to have been set up sometime in the month of October 2021.

Animoca Brands Japan happens to be an affiliate that backs the Web3 approach to Japanese intellectual properties and content holders. Its prime function is in the provision of a platform for forming a combination with that of IPS and blockchain technology. It also backs IP holders in creating their own ecosystem in the Web3 arena.

At the present moment in time, the Brave Group has declared to make funding of approximately 300 million yen with the formation of its alliance with Animoca Brands Japan. This will go towards their overall expansion plans and work on global development in the virtual space. Together with this funding, their overall funding amount now reaches the figure of 3.04 billion yen.

Comments

All Comments

Recommended for you

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.
  • Cointime August 11st News Express

    1.Fed Governor Bowman: Be cautious about rate cuts
  • Cointime August 4 News Express

    1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX
  • Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX

    According to the monitoring of on-chain analyst Yu Jin, Jump Trading may be selling ETH: they are currently redeeming a wstETH (120,000 pieces) worth $410 million in batches into ETH and then transferring it to exchanges such as Binance/OKX. So far, they have unpacked and redeemed 83,000 wstETH into 97,500 ETH in the 9 days since July 25. Among them, 66,000 ETH (191.4 million US dollars) have entered the exchange.At present, there are still 37,600 wstETH in their wstETH storage address that have not been transferred out; 11,500 stETH in the redemption ETH address is being redeemed into ETH; and 20,000 ETH in the ETH transfer address to the exchange are waiting to enter the exchange in batches.
  • Trump team files complaint over Harris inheriting $96 million in Biden campaign funds

    According to reports from foreign media, the Trump campaign team has filed a complaint with the Federal Election Commission, claiming that Biden's transfer of $96 million in campaign funds to Harris is illegal. David Warrington, a lawyer for the Trump campaign team, said that this was a "shameless money-grabbing act" and would constitute the largest excessive donation and most serious violation in the history of the Federal Election Law. Shortly after Biden withdrew from the election and appointed Harris as his preferred successor, she took over Biden's campaign committee's bank account. Steve Roberts, a lawyer who represented Republican candidates, said that the argument against the transfer was a "wishful thinking" of his Republican colleagues. The Harris campaign team said that this complaint would not affect its fundraising or spending.
  • Donald Trump Plans to Release Fourth NFT Collection, Embraces Crypto Industry

    Former US President Donald Trump is reportedly planning to release a fourth NFT collection, as he continues to embrace the crypto industry. In a recent interview with Bloomberg Businessweek, Trump stated that his previous NFT collections were "very successful" and sold out in a day. He also revealed that he plans to release another collection, as his supporters are demanding it. Trump's campaign has also started accepting crypto donations, and he has been vocal about the importance of the US not falling behind China in the crypto industry.
  • Meta’s prototype ‘full holographic’ glasses could be a game changer for Web3

    The new holographic display could give NFTs the Pokemon Go treatment.
  • Crypto Industry Disappointed as Digital Assets Fail to Make an Appearance in First 2024 US Presidential Debate

    Despite hopes from industry participants, the topic of crypto was not discussed during the first general debate of the 2024 U.S. presidential election between Joe Biden and Donald Trump. The debate, hosted by CNN, primarily focused on the economy, with brief mentions of other issues such as abortion, immigration, and foreign policy. While crypto has been a talking point throughout the election cycle, neither candidate made any significant statements about it during the debate. The crypto industry is hoping for a Congress and administration that will pass legislation friendly to digital asset businesses, and is looking to repeat the massive spending on elections from 2022.
  • Hong Kong invites global opinions on web3 and virtual assets future

    The Hong Kong Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including balancing technical, legal, and regulatory frameworks.
  • Cointime May 25 News Express

    1. British media: 61,000 Bitcoins in Qian Zhimin case may belong to British police and Home Office