Yat Siu: Animoca Brands currently has more than 500 investments, and the NFT market will recover
Yat Siu, the co-founder and CEO of Animoca Brands, made the following points in a recent interview:
Animoca Brands: MOCA token distribution is planned to take place around May 24
Animoca Brands officially announced that the distribution of MOCA tokens is planned to take place around May 24th. The token release information includes:
Mocaverse has raised more than $21 million
Animoca Brands' Web3 project Mocaverse's community public sale has raised a total of $21,255,559, far exceeding the initial target fundraising goal of $5 million. The deadline for this public sale is 8:00 am on May 2nd.
Animoca Brands has $558 million in digital assets
Animoca Brands' latest unaudited financial disclosure shows that it holds $558 million in digital assets on its balance sheet, including $291 million in cash and stablecoins. According to its website, Animoca Brands has invested in multiple blockchain companies such as Kraken, MetaMask, and Ledger.
Animoca Brands and Param Lasbs reach strategic cooperation to launch NFT and Litepaper
According to official sources, Animoca Brands has announced a strategic partnership with Web3 game infrastructure studio Param Labs to support the improvement of its chocolate and token economies. Param Labs will launch its Pixel To Poly game asset platform to selected Animoca Brands investment portfolios, and both parties will issue NFTs and publish a Litepaper on the game economy, while building Layer 2 and Layer 3 network solutions, as well as parallel virtual machines such as Move and SVM.
Animoca Brands becomes strategic launch partner of Anime Foundation
Anime Foundation has announced a key strategic partnership with Animoca Brands and San FranTokyo, aimed at expanding global anime culture through the MANGA token. It is reported that the Anime Foundation will jointly explore opportunities in the anime industry with Animoca Brands' Japanese subsidiary, Animoca Brands Japan, including publishers, studios, and distribution platforms.
HashKey Exchange and Animoca Brands reach strategic cooperation
According to official sources, licensed virtual asset exchange HashKey Exchange and Hong Kong blockchain game developer Animoca Brands have announced the signing of a memorandum of understanding (MoU) for strategic cooperation. HashKey Exchange and Animoca Brands will collaborate to build opportunities and strategic development in the field of encrypted assets, including conducting public education activities related to Web3, and including specific virtual assets in HashKey Exchange for trading. As part of the strategic partnership, Animoca Brands will open a trading account on HashKey Exchange, fully demonstrating its recognition of compliant virtual asset trading. HashKey Group aims to become a key infrastructure builder in the Asian Web3 digital entertainment ecosystem, contributing to network security and operational efficiency. HashKey Group and Animoca Brands will closely monitor the forefront trends of the digital entertainment economy. At the same time, the two parties will use innovative technologies such as smart contracts and zero-knowledge proofs to provide technical support for the operation of blockchain infrastructure and promote the integration of blockchain technology in the digital entertainment industry.
Animoca Brands: It has made about 500 investments in the past five years and is optimistic about the potential of Ordinals
Robby Yung, CEO of Animoca Brands, revealed in a recent interview that the company has made about 500 investments in the past five years. The potential investment factors include: the use of Web3 tools, community participation, Web3 philosophy, Web3 network effects, and promoting interoperability and cooperation between communities. In addition, Robby Yung also stated that the Bitcoin Inscription Protocol Ordinals has great potential and is a typical example of an encrypted community centered around a specific protocol. Although it is unclear whether they will invest in related fields, Animoca Brands supports multiple blockchain ecosystems. (Bnnbreaking)
Mocaverse: Moca ID minting volume exceeds 200,000
Animoca Brands' NFT series Mocaverse announced on Twitter that the number of Moca IDs minted has exceeded 200,000. Moca ID is a non-transferable NFT collectible that allows users to participate in the ecosystem and earn loyalty points. Holders can use their Moca NFTs as avatars in games and receive various benefits and rewards within the Mocaverse ecosystem.
Animoca Brands: $172 million in cash and stablecoins held as of November 30
According to data disclosed by Animoca Brands, as of November 30, 2023, Animoca Brand held a cash and stablecoin balance of $172 million, and the total value of third-party tokens held (including off-balance sheet SAND token reserves) was approximately $330 million, with off-balance sheet token reserves (including ecological tokens) valued at approximately $1.6 billion. In addition, Animoca Brands stated that the number of companies it has invested in has exceeded 400, including about 110 in the gaming industry, about 50 in the infrastructure industry, about 29 in the DeFi industry, and about 13 in the Metaverse industry.