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Animoca Brands – The Full Story

Animoca Brands – The Full Story

Game Review 

There is always a handful who bear the torch and lead the way in uncharted lands. Animoca Brands is one of those beacons in Web3, digital entertainment, video games, NFT, and the blockchain technology that is leading by example. Most of us who are familiar with games are already aware of this rising video game giant. However, if someone isn’t then delve right with us into the story of Animoca Brands and its fairy tale success.

Animoca Brands Suffers Ups and Downs Along the Way

Animoca Brands, like many other gaming companies, took off on conventional gaming focusing on mobile platforms. It was one of the biggest and leading mobile gaming companies in Asia until a tragedy struck in 2012. The company had a solid fanbase for its games with more than 40 million downloads on Apple’s App Store. They were sailing smoothly with annual revenue of over $20 million. However, Apple’s decision to deplatform Animoca due to the cross-promotion of its apps had a severe impact.

Fate Takes Auspicious Turn for Animoca

The fate took a turn for good after a couple of years in 2017 when Animoca Brands got into blockchain. Their very first venture was in a cute little meek blockchain and NFT game; CryptoKitties. The company’s decision to acquire CryptoKitties’ developers Fuel Powered and Axiom Zen was spot on. The game wasn’t supposed to be a huge hit when before its release, but it soared in popularity. Right at that time, Animoca also jumped into Dapper Labs and become its shareholders. It was the potential that NFTs have that made Animoca go all in into the domain.

Decentraland - Animoca Brands -video games - blockchain games
decentraland – Animoca Brands -video games – blockchain games

After that, it was as if Animoca had a hand of gold, whatever it touched turned gold. Animoca Brands was just getting started with its acquisition of Sky Mavis, the creator of the massively popular Axie Infinity game. Then the company also got its hand in OpenSea in the early days, now OpenSea is the world’s largest NFT marketplace. Besides, Animoca also owns Wax, Decentraland, and Sandbox. All of these are astronomically popular among gamers. All of these major buying and investing came in during 2018 and 2019.

The Sandbox - Animoca Brands -Web3 - NFT Games
The Sandbox – Animoca Brands -Web3 – NFT Games

Animoca Brands Suffers Another Bump

However, it wasn’t all rainbows and sunshine after getting into crypto. Another deplatforming or delisting was waiting for Animoca. The company was publicly listed in Australia on ASX. The decision to indulge in NFTs and crypto led to Animoca losing its status on ASX. The event led to crunch time and valuation dropped drastically. But now, the company stands tall with more than a $5.7 billion valuation after several successful acquisitions. It might seem that it’s a walk in the park when it comes to acquiring companies, not for Animoca.

The Trick of the Trade

Animoca Brands is a serious prospect when it comes to research and development. Rigorous research takes place before each and every acquisition. The company looks at several different factors like gameplay, game category, market size, market competition, and finally the result of playtesting. Their research layout surely does work if we fare in Axie Infinity and Alien Worlds. Moreover, their success also lies in timing, Animoca Brands is more of a seed investor and series A investor in projects.

The shopping spree for Animoca continues all year round. Recently, the company entered into partnerships with Yuga Labs, OneFootball, Planet Hollywood, Cube Entertainment, and Untamed Planet. Despite the crypto winter the company didn’t stop investing in blockchain technology and Web3 projects. The mantra is still the same in 2022 invest in projects that are working on open metaverse, conducive, and innovative. Animoca’s commitment to this radical ecosystem is unwavering.

The Future of Web3 According to Animoca Brands

Animoca Brands believe that Web3 is an evolutionary phenomenon and it will become the new normal in the future just like the internet. Digital property rights, economic decentralization, and freedom will give become beneficial for billions. Moreover, according to Animoca, Web3 is still in its early days, and its application is also in the nascent stage just like how the internet and smartphones rolled out. They believe that the current market crash will not kill Web3, NFTs, open metaverses, and or cryptocurrency. These are cyclical variations and bumps along the way. The future is only apparent to those who see the broader perspective and consider the technology in the long-term view.

Animoca Brands Upcoming Titles

As for the upcoming titles, Animoca Brands is eyeing AAA titles with top-notch production. Titles like Life Beyond, Phantom Galaxies, and new partnerships indicating a football game, have us all revved up and excited.

Update Animoca: check out our story about Animoca Capital and the other about Animoca recent investment.

Animoca Brands -video games - blockchain games
Animoca Brands -video games – blockchain games

Check out this report on crypto gaming, and how it fared up in 2022.

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Animoca Brands – The Full Story

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Brave Frontier Heroes – Game Review

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BovineVerse – Game Review

BovineVerse is an innovative gaming platform that operates on the blockchain network. It offers a wide range of features and services to players, including three exciting games, prediction systems, and API interfaces for third-party services. By leveraging the power of blockchain technology, BovineVerse creates a secure and transparent environment for gamers to enjoy and interact with one another. Whether you’re looking to test your skills in new games, participate in prediction systems, or connect with other players and services, BovineVerse has something for everyone. The developers of BovineVerse have ambitious plans to create an independent, decentralized metaverse gaming platform where players can invest for long-term returns. In this metaverse, players will be able to own NFTs which will be required for certain aspects of the game and optional for others. The BovineVerse metaverse is intended to be a fully immersive gaming experience where players can fully customize their experience and engage with other players and the community in new and exciting ways. The Fi+ concept is new, in fact, BovineVerse is the one who actually introduced it in the WEB3 gaming community. The majority of people have not heard of it, and it is understandable because it is a purely new idea. The people at BovineVerse claim that Fi+ is an integration of DeFi, GameFi, and SocialFi concepts into a single one. Additionally, the data management will be decentralized. So, the gameplay will be more realistic in the virtual world of the metaverse, and social interactions in the game smoother. Moreover, the combination of all three is the future of gaming on WEB3. Boniverse Gameplay: Three games will be provided on the platform initially which will be low-latency. This will make it a seamless fun experience. BovineVerse players will be the citizens of the metaverse and they will enjoy more features in the near future. The developers of BovineVerse are innovative and pioneering in bringing a new world of metaverse to the people. Tokenomics: The metaverse will use $BVG token for utility and $BVT for governance on the platform. BovineVerse plans on increasing the NFT content of the world, making it a completely user-owned world with the independence of monetizing its social status and social networks. Social networks can only be built by spending more time on the BovineVerse, making you a strong citizen of the metaverse.

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Best P2E Games list 2024

Animoca Brands – The Full Story

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.