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Red Beard Ventures Closes $25M Funding Round With Animoca Brands, SuperRare
16.5.2023
The Web3 venture capital firm hopes to support early-stage DeFi and Web3 gaming projects and is also launching a tokenomics accelerator
Animoca Brands now supports the $10 million Global Educators Fund
16.5.2023
Yat Siu, the Chairman of Animoca Brands, has announced that the venture is now a part of the $10 million Global Educators Fund. Animoca Brands gets on board with the intention to contribute to the fund along with other partners, including, but not limited to, GEMS Education, TinyTap, and Dalton...
Blockchain Gaming Firm Animoca Brands Holds $194 Million in Cash and Stablecoins
12.5.2023
Animoca Brands has disclosed that it is “financially strong” to continue operations.
The Hong Kong-based firm reported a stablecoin reserve of $194 million as of April 30, 2023.
It also sits on $566 million worth of liquid digital assets, including a utility token for the "Sandbox NFT metaverse...
Blockchain Gaming Firm Animoca Brands Holds $194 Million in Cash and Stablecoins
12.5.2023
Animoca Brands has disclosed that it is “financially strong” to continue operations.
The Hong Kong-based firm reported a stablecoin reserve of $194 million as of April 30, 2023.
It also sits on $566 million worth of liquid digital assets, including a utility token for the "Sandbox NFT metaverse...
Animoca Brands X ALTAVA Group: A license for BAYC NFTs
11.5.2023
Animoca Brands has announced signing a licensing agreement with ALTAVA Group, allowing the Group to use the Bored Ape Yacht Club non-fungible tokens in their portfolio. Per the licensing agreement, ALTAVA Group will leverage the utilities of the BAYC NFT collection to advance its golf-themed...
Animoca Brands reports $3.4B of assets in an interim financial update
11.5.2023
The update shows $194 million in cash, $566 million in digital assets and $2.7 billion in off-balance sheet token reserves for other majority-owned Web3 subsidiaries
‘Ethical’ SBF game axed, Web3 games sign-up process sucks, Tomb Chaser: Web3 Gamer
8.5.2023
FTX’s kiss of death for Storybook Brawl, Scratch Lord creators make MMA game for Animoca, and why is Web3 game onboarding so awful?
Cryptoys Unveils Star Wars Digital Toys in New Line of Collectibles
5.5.2023
The crypto platform Cryptoys, backed by Andreessen Horowitz, has announced the launch of Star Wars collectible digital toys featuring iconic characters Darth Vader, Luke Skywalker, and Princess Leia. Cryptoys stated on Thursday that 15 digital action figures will be available to collect in total...
Paysenger Launches IDO as the Platform Looks to Solve the Challenges of AI-Generated Art
1.5.2023
PRESS RELEASE. The rise of AI-generated art has created ethical concerns and challenges within the art community, as many artists perceive these tools as undermining their skills and exploiting their work for profit. Paysenger, a groundbreaking blockchain-based collaboration platform for content...
Where crypto can grow: Digital asset regulations around the world
28.4.2023
While many countries have sped up their efforts to regulate cryptocurrencies following a crisis-filled 2022, most still lack a clear framework for the industry to build around
Animoca Brands delivers to all fans MotoGP Guru
28.4.2023
Animoca Brands delivers the ultimate game experience through MotoGP Guru to all of the die-hard MotoGP fans. In this game, fans will have the opportunity of carrying out their own speculations regarding every facet of the event, which will be spread out over eleven segments. For every correct...
Animoca Brands collaborates with Rose Namajunas
25.4.2023
Animoca Brands, along with its affiliate, Lympo, formed a collaboration with Rose Namajunas. She is the undisputed champion of the Ultimate Fighting Championship (UFC). This occurrence has taken place in order to offer a digital memorabilia collecting challenge known as “Build Your Own Fighter With...
Augmented reality helps brands tell their story: MVFW 2023
5.4.2023
During Metaverse Fashion Week 2023, the augmented reality platform Over projected a larger-than-life virtual catwalk over one of Milan’s most prominent locations
NEC inks MOU with Animoca Brands and Gryfyn
30.3.2023
NEC has happened to have signed a Memorandum of Understanding with Animoca Brands, as well as Grfyn. This was carried out with the aim and intention of being able to work on the building, as well as the overall expansion of the digital wallet in the Web3 space. This very occurrence took place...
Animoca denies reports of $200M cut to Metaverse fund and valuation drop to $2B
25.3.2023
Speaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly who or what the sources/agenda is.”
Animoca Brands cuts metaverse fund target to $800M: Report
24.3.2023
The company announced in November 2022 that it was working on a new Animoca Capital fund with a target of $2 billion but then halved that target in January 2023
NFT Investor Animoca Brands Cuts Target for Metaverse Fund to $800M: Reuters
24.3.2023
When Animoca initially unveiled its plans for the fund last November, its target was $2 billion. This was then cut in half to $1 billion in January
'No shortage of passion in the Parisian people' for PBW amid protests — Animoca Brands CEO
22.3.2023
As it hosts Paris Blockchain Week, France's capital city has seen protests following the government pushing through a bill raising the national retirement age from 62 to 64
Gryfyn raises $7.5m days after launch by Animoca Brands and Hex Trust
22.3.2023
It is not unlikely for two players to come together from different backgrounds and partner to accelerate the adoption of Web3. Animoca Brands and Hex Trust are recent examples. They have announced the public launch of a joint venture, Gryfyn. It has been tasked with providing innovative custodial...
Yat Siu Says ‘Pro-Capitalist’ Asian Countries are More Ready to Embrace Web3
21.3.2023
The Animoca Brands chairman said at the Outer Edge conference in Los Angeles, California, that among major international game publishers, those located across Asia are more active in Web3 development