Animoca Brands CEO Robby Yung says investors have been more discerning when allocating capital to Web3 gaming projects during crypto winter. Investing in Web3 gaming has required a greater level of due diligence through a testing cryptocurrency bear market, according to Animoca Brands CEO Robby Yung. Yung, who is also co-founder of popular Metaverse platform…
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The consortium of major Web3 companies OMA3 (the Open Metaverse Alliance for Web3), has formed a working group to find the best way to standardize creator royalties on non-fungible token (NFT) marketplaces – and to ensure they stay there. According to a tweet, … Read More: Bored Apes Creator Yuga Labs and Magic Eden Collaborate to…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Bitcoin Mining Difficulty & Hashrate Set Records as Bitmain Floods US with Machines, Bitget Reveals Future Quant Bot, Pi Network Debutes Staked DMs Read more »Sign up for…
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Animoca Brands, a prominent player in the crypto gaming and metaverse investment space, has announced plans to launch a metaverse ecosystem token on the Bitcoin (BTC) network. In a recent press release, the company said the token will be developed through the Ordinals protocol by Darewise Entertainment, a subsidiary of Animoca Brands. Darewise Entertainment, also known as Life Beyond…
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Animoca Brands, a metaverse and gaming venture capital firm, has raised $20 million to expand its Web3 identity project Mocaverse. According to the press release, the funding round was led by blockchain- and Web3-focused venture capital company CMCC Global, with other investors including Kingsway Capital, Liberty City Ventures, GameFi Ventures, Aleksander Larsen (Sky Mavis founder),…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Bitcoin User Pays $500,000 Fee to Transfer $200, Animoca Brands Raises $20 Million for Mocaverse Project, Unstoppable Domains Adds B2U Instant Messaging Feature Read more »Sign up for…
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In the initial funding round for Mocaverse, a prominent project focused on creating Web3-native tools for enhancing products in gaming and entertainment, Animoca secured $20 million in investment led by CMCC Global. In a press release dated September 11, Animoca Brands announced that it has successfully raised a total of $20 million (approximately A$31.3 million)…
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Unverified users can still withdraw staked SAND but will be unable to make further deposits. Metaverse platform The Sandbox will require Know Your Customer (KYC) verification for its staking processes, according to an Aug. 3 announcement. The announcement stated that only verified users could deposit The Sandbox (SAND) tokens, which are native to the platform,…
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In a recent “fireside chat” with the deputy director of the Web3.0 Policy Office of Japan’s Ministry of Economy, Trade, and Industry, Yuga Labs CEO Daniel Alegre noted: “We’re not even in the first inning” of where Web3 “evolution” is going to go. During the interview with the politician, Alegre described new models of IP…
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Animoca Brands partners with hi, a Web3 neobanking app that features cryptocurrency exchange services, conventional digital banking and customized NFT-styled debit cards. Animoca Brands co-founder and executive chairman Yat Siu sees significant potential in the personalization of Web3-based services as his firm earmarks $30 million for the neobank platform hi. Siu’s investment firm plans to…
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