Animoca Brands have added six leading companies as partners to its blockchain-based gaming industry platform. Reports suggested that the company wants to explore blockchain-based games further with this new investment and mutual partnership.
It is not the first time that the game’s developer has joined hands with other companies in the business to welcome new development in the industry. Prior to collaborating with these six companies, Animoca teamed up with 11 other companies from the blockchain field taking the list of its collaborative partners to 17. These collaborations have increased the capability of the company in the blockchain space.
The rapidly growing gaming company has a secured token and share swap having a total of $1 million with LikeCoin, Datum, OST, Musicoin, I-House, and Harmony. All these are one of the topmost blockchain-focused developers planning to work together for developing a wide range of software related to blockchain and aimed at increasing the acceptance of mobile gaming.
One of the pioneers in the gaming industry Animoca stated that the collaboration is planning to come up with “blockchain apps” and products and introduce it to the consumer mass market. By introducing such products the collaboration wants to trigger off blockchain technology innovation and adoption and enhance the utility and value of cryptographic tokens set up by several companies, Small Capsreported.
According to the chairman and co-founder of Animoca Yat-Siu, “We continue to seek the best available specialised technology solutions to use in our products and those of our portfolio companies, like Zeroth, and we are therefore thrilled to have signed these deals with Datum, LikeCoin, Musicoin, OST, Harmony, and I-House.”
Apart from collaborating with the six bigwigs in the blockchain field, the leading company in the gaming industry recently also entered into a MOW with a Hong Kong-based Mind Fund Group Ltd. and Helix, Proactive Investorsreported. Mind Fund is a leading venture capital company whereas Helix is an accelerator launched jointly by Hedera Hashgraph and Mind Fund.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]