Animoca Brands is a Hong Kong-based game software company. It leverages blockchain and gamification to develop and market a range of mobile games and applications. The company has recently raised $75 million in a funding round, and it is making 11 deals per month. Animoca has a diverse portfolio, including a number of sports games.
Animoca Brands is a developer of mobile games
Animoca Brands is a Hong Kong-based mobile game developer and publisher. The company has subsidiaries in the United States, Canada, and Argentina. It is also present in Estonia and Finland. Its mission is to deliver digital property rights to the world’s gamers. Its games have created a play-to-earn economy, and it contributes to the development of an open metaverse.
The company’s titles leverage licensed and internationally recognized intellectual properties. In addition to developing original games, it serves as a global publisher for selected games by third-party developers. It also sells in-game advertising across its network of hundreds of games. Animoca Brands has several projects in development.
Animoca Brands’ mobile games are incredibly popular. One of its biggest hits is MotoGP Championship Quest, which launched in 2017. It has more than 50 million downloads on mobile devices and more than one million active users worldwide. As the company continues to grow its business, it plans to expand its existing partnerships with motorsports and create new opportunities for fan engagement.
Animoca Brands has also acquired a mobile game developer known for its Scratch Wars game. The game is a hybrid of physical and digital collectible cards. The company is currently working on a new mobile game based on Scratch Wars.
The company has a large team of experienced game industry veterans. Its founder, Jiri Mikolas, has 20 years of experience in the gaming industry. He is the author of more than ten released mobile games and 40 board games. His creative director, Martina Kutalkova, has previously worked at global game developer Geewa. She has extensive experience in 2D and 3D art and graphic design.
It leverages gamification and blockchain to develop and market a portfolio of mobile applications and games
Animoca leverages gamification, blockchain and mobile technology to create and market a portfolio of mobile applications and gaming experiences. Its portfolio of games and applications leverages popular brands and is built on blockchain and AI. It recently released its utility token REVV, which will be used as a currency in a number of its motorsports games.
The company has partnered with brands like WWE, FIFA, and WWE to create games and applications. It has also created and published original mobile products, leveraging gamification and AI. Animoca has also invested in blockchain companies, including WAX, Lucid Sight, and DECENTRALAND.
Animoca Brands’ vision includes building a digital metaverse where players can own and transfer their game assets. This allows players to easily transfer their assets between games, while maintaining digital scarcity, security, and authenticity. Animoca’s portfolio includes Colossal, Axie Infinity, and OpenSea, among many others.
The new partnership with MotoGP is a testament to the company’s growing leadership position in the blockchain ecosystem. In addition to partnering with leading sports franchises, Animoca has already partnered with Formula 1 in developing the official blockchain game, F1 Delta Time. It has also partnered with various other leading sports franchises, including the NBA and NHL.
It has raised $75 million in a funding round
Animoca Brands is a Hong Kong-based game software developer and venture capital firm. The company has raised $75 million in a funding round from various investors including Sequoia China, Kingsway Capital, and Alpha Wave Ventures. The new capital will be used for product development, acquisitions, and investments. The company has plans to use the money to further develop its popular intellectual properties.
The funding round consists of two phases. The first phase was completed in July, and the second phase was completed last month. The funding round has a valuation of $5.9 billion, and the companies have secured more than $75 million in equity capital. The latest round was a subscription round in which the company issued 23,237,058 new shares. This means that Animoca now has 1,836,142,334 fully paid ordinary shares on issue. Several high-profile investors participated in the round, including Alpha Wave Ventures, Animoca Capital, and True Global Ventures.
Siu said that the new capital is an opportunity to continue building a great company. The company will use the funds to make strategic acquisitions, develop new products, and secure licenses to popular intellectual properties. In addition, it will use the funds to promote digital property rights and the open metaverse.
The new capital will be used for product development and blockchain technology. It is an early investor in blockchain-based digital assets, and it plans to use its investment to promote digital property rights. In addition, it has acquired a stake in Be Media, a digital marketing company in Australia, in order to expand partnerships with the local blockchain industry. Animoca also recently bought video game publishers Eden Games and Darewise Entertainment.
Animoca Brands is a Hong Kong-based game developer and venture capital company. It publishes the REVV and SAND tokens and has an extensive portfolio of products. The company has multiple subsidiaries and $1.5 billion in assets under management.
It has made 11 deals every month
Animoca Brands has made a lot of deals in the last several months, averaging about 11 each month. Its investment portfolio spans the entire spectrum of NFT-related projects, from blockchain gaming to metaverse plays to infrastructure and esports. This has given it a network effect and an ecosystem effect across a range of markets.
Animoca Brands is one of the most prolific investors in the crypto space, raising a total of $110 million in convertible notes. The firm is now building the infrastructure necessary to launch its own IPO. The firm has also secured investments from Temasek’s Soros Fund Management, GGV Capital, Boyu Capital, and Mirae Asset Management.
Animoca Brands is an NFT and blockchain gaming pioneer that is based in Hong Kong. The company has backed several startups, including Dapper Labs, Sky Mavis, and OpenSea. It is also partnering with Yuga Labs on a new game called Otherside. It also paid $4.875 million to acquire Pixowl. Since its creation, Animoca Brands has grown 800x and is now one of the largest companies in the NFT space.
Animoca Brands recently acquired Eden Games, a French video game developer, which has created award-winning titles. Its titles have been published for PC, mobile, and Nintendo. The acquisition will help Animoca Brands expand its portfolio of blockchain-based racing games. Animoca Brands has also built a racing metaverse called Revv Motorsport.
Animoca Brands’ recent fundraising has generated significant momentum for the company. The new funding will help the company fund projects and make more deals in the future. Its growth strategy will help it expand its app portfolio and acquire content and intellectual property. The company will not seek shareholder approval for the funding.