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Animoca Brands, The Sandbox, and Smobler Launch Virtual Peace Sanctuary in Metaverse

Animoca Brands, The Sandbox, and Smobler Launch Virtual Peace Sanctuary in MetaverseAnimoca Brands, a company specializing in digital property rights and gaming, alongside The Sandbox, a decentralized virtual world, and Smobler, a metaverse architecture firm, have launched the virtual Universal Peace Sanctuary. The project, hosted in The Sandbox metaverse, aims to foster global peace and cultural understanding. Virtual Peace Sanctuary Debuts in The Sandbox Metaverse, Backed […]

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Telegram games and Hamster Kombat will catalyze Web3 adoption: Animoca’s Yat Siu

Hamster Kombat is preparing to launch the “largest airdrop in the history of crypto,” which could bring even more mainstream attention to the viral Web3 mobile game. 

Telegram-based games like Hamster Kombat are setting the stage for true mainstream Web3 gaming adoption.

Viral clicker game Hamster Kombat is among the “first generation” of games to facilitate large-scale Web3 gaming adoption, according to Yat Siu, co-founder and chairman of Animoca Brands.

Siu told Cointelegraph in an interview:

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Automobili Lamborghini Partners With NFT Gaming Giant Animoca Brands

Automobili Lamborghini Partners With NFT Gaming Giant Animoca BrandsAutomobili Lamborghini and Animoca Brands, known for non-fungible tokens (NFTs), Web3 gaming, and the metaverse, have announced a collaboration to enhance brand engagement in the automotive industry. This partnership aims to deliver unique experiences for Lamborghini’s fans and customers by integrating digital technologies. Creative design studio Gravitaslabs and Motorverse, a global ecosystem for digital vehicles […]

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Wen Lambo? Lamborghini answers with new Animoca Web3 partnership

Increasingly more industries are adopting blockchain technology to grow their brand awareness, including luxury car makers.

Animoca Brands has partnered with luxury car maker Lamborghini to explore new Web3-based brand engagement initiatives, highlighting the expanding potential applications of blockchain technology.

The partnership will look to deliver unique Web-3-based digital experiences to Lamborghini’s fans and customers.

The partnership aims to position Lamborghini at the forefront of digital-asset-based customer experiences, according to an Aug. 8 announcement by Animoca brands.

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Veterans From EA, Nintendo, Blizzard and More Launch Bomberman-Style Web3 Game

Veterans From EA, Nintendo, Blizzard and More Launch Bomberman-Style Web3 GameA subsidiary of Animoca Brands has launched the open beta of its new Web3-centric action game, Cosmic Bomber. Developed by industry veterans from Sony, Electronic Arts, Nintendo, Lucas Arts, and Blizzard, the game is now available to over 1.77 million holders of Moca ID, the identity layer of Animoca Brands’ network. Cosmic Bomber offers strategic […]

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MotoGP’s Gresini racing goes crypto with new fan sponsorship program

MotoGP race team Gresini Racing is embracing elements of decentralized ownership through a new program allowing fans to purchase personal team sponsorship packages.

Gresini Racing has partnered with MotoGP Guru and Animoca Brands’ subsidiary SPORTPASS to launch a fan-powered motorsport sponsorship program. The initiative will enable MotoGP fans to purchase personal team sponsorship packages starting at 125 euro.

Speaking with Cointelegraph, Graeme Warring, the Founder of WePlay Media, discussed the biggest challenge to rolling out the fan-accessible MotoGP sponsorship packages:

According to Warring, WePlay Media, the gaming studio behind MotoGP Guru, has developed the necessary organizational infrastructure and on-the-ground teams to "put 'Life' into IRL experiences.” 

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Decentralized Education Altcoin Surges by 117% This Week Amid Node Sale and Purchase Announcement From Web3 Firm

Decentralized Education Altcoin Surges by 117% This Week Amid Node Sale and Purchase Announcement From Web3 Firm

The native altcoin of a decentralized education platform surged by over 117% this week amid news that a web3 firm has plans to purchase the token. Open Campus’ governance and utility asset, EDU, is trading at $1.10 at time of writing, up from its seven-day low of $0.505. The 252nd-ranked crypto asset is also up […]

The post Decentralized Education Altcoin Surges by 117% This Week Amid Node Sale and Purchase Announcement From Web3 Firm appeared first on The Daily Hodl.

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Blockchain ID project Humanity Protocol hits unicorn status with $30M raise

Over half a million people are already on the waitlist for Humanity Protocol’s public testnet launch, expected to take place in the back half of 2024.

Decentralized identity solution Humanity Protocol is officially a unicorn after a recent $30 million raise lifted its valuation to $1 billion.

The $30 million Seed Round was led by Kingsway Capital, with participation from Animoca Brands, Blockchain.com, Hashed, Shima Capital and 20 other investors, Humanity Protocol wrote in a May 15 Medium post.w

Humanity Protocol plans to use the funds to expand its product development unit as the firm prepares for its public testnet launch in the second half of 2024.

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Animoca Brands Joins Forces With Opal Foundation to Build Expansive Web3 Ecosystem on Bitcoin

Animoca Brands Joins Forces With Opal Foundation to Build Expansive Web3 Ecosystem on BitcoinAnimoca Brands, a Hong Kong-based game software company, has announced its partnership with the Opal Foundation to enter the Bitcoin ecosystem, leveraging the Opal Protocol to develop the largest Web3 ecosystem encompassing gaming, Defi, entertainment, education, and culture. The initiative, backed by the BLIF token and propelled by the recent introduction of NFTs via ordinals […]

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‘FOMO’ once drove GameFi funding, but VCs say it’s different this time

During the last bull run, VC firms were more concerned about missing out on the hype, but they’re taking a much more measured approach this time.

Venture capital firms haphazardly piled into blockchain gaming projects during the last bull run but are taking a much more mature and sustainable approach this time, according to industry executives.

“[It was] insane,” Shi Khai Wei, founder of cryptocurrency-focused VC firm LongHash Ventures, told Cointelegraph, adding that some GameFi projects were receiving up to $100 million with only a few team members and some lofty promises.

Keiran Warwick, founder of GameFi studio Illuvium, who recently raised $12 million in VC funding, said he saw the same thing, with much of the investor fervor then driven by a fear of missing out (FOMO).

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