Animoca Brands

The Sandbox, a decentralized gaming metaverse and a subsidiary of Animoca Brands, has committed $50 million to Brinc, a global venture accelerator, for The Sandbox Metaverse Accelerator Program, which will target 100 startups to enhance the open metaverse.

Animoca Brands has completed a capital raise of $358.89 million at a pre-money valuation of $5 billion. The round was led by Liberty City Ventures, with other investors including 10T Holdings, C Ventures, Delta Fund, Gemini Frontier Fund, Gobi Partners Greater Bay Area, Kingsway, L2 Capital, Mirae Asset, Pacific Century Group, ParaFi Capital, Provident,…

The Sandbox offers virtual real estate, called LAND NFTs, in the open metaverse. Cheng's LAND will be one of the biggest plots in The Sandbox, and form part of the ‘Mega City’ virtual world, which will include his Innovation Hub. The landmark of the Innovation Hub will be the GBA Pavilion, a vibrant center propagating creativity and futuristic vision to…

Binance Smart Chain (BSC) and Animoca Brands are launching a $200 million investment program to accelerate and incubate early crypto gaming startups that are building on BSC.

Compared to traditional video games, NFT games offer more to players by allowing them to truly own their game assets. This is the opposite in traditional games, where the game makers in fact own the player’s items. The play-to-earn model is flipping that around, where players now truly own their NFT game assets. 

NFTs are unique tokens that can represent just about anything digital--characters, power-ups, virtual land, weapons, a cherished video clip, and your favorite music soundtrack. They are built with the aid of blockchain technology that enables the uniqueness of each NFT.

Quidd, the digital collectibles company and a subsidiary of Animoca Brands, announced that the QUIDD token has raised a total of $5 million via private sale, pre-sale, and initial DEX offering (IDO), and is now available on PancakeSwap.

Animoca Brands and Cube Entertainment (Cube Ent) announced a joint venture for the purposes of building a music metaverse, and issue non-fungible tokens (NFTs) and ecosystem tokens based on the intellectual property rights of Cube Ent’s globally popular K-pop music artists and actors.

Animoca Brands has closed a capital raise for $65 million conducted at a pre-money valuation of $2.2 billion.

The current management of Blowfish will continue to operate the company after the acquisition.