Animoca Brands announced its intention to acquire additional EDU tokens from the open market. EDU serves as a governance and utility token for Open Campus, as well as being a community-led protocol encompassing educators, parents, students, and content creators.
Animoca Brands provides digital property rights to Internet users and players while developing a new class of digital assets, a more equitable virtual framework and play-to-earn economies to assist in the development of an open Metaverse.
Since the inception of Animoca Brands in 2018, the team has strived to create a new reality of virtual ownership through numerous explainers and think pieces. The platform is popularly known for being a Fortune Crypto 40 company, Deloitte Tech Fast winner and one of the Asia-Pacific 2023 High Growth Companies according to the Financial Times. It is a pioneer in the Web3 space that leverages cryptographic and Blockchain technologies to offer virtual property rights and help develop an open Metaverse.
The platform creates and publishes a broader portfolio of gaming products, such as original games, including Crazy Defense Heroes, Life Beyond, Phantom Galaxies and The Sandbox, as well as products that use well-known intellectual properties in the world of entertainment and sports. Some notable examples are Power Rangers, Formula E, The Walking Dead and MotoGP.
The Anomica Brands team believes that the work of its partners, such as Open Campus and the EDU token, has significant potential to incentivize the creation of high-quality informative and educational content, thus driving greater adoption and acceptance of Blockchain and cryptocurrencies among the creators. .
Animoca Brands and its subsidiary TinyTap are important collaborators in the launch of Open Campus. Blowfish Studios, The Sandbox, Quidd, GAMEE, Forj, Lympo, nWay, Pixowl, Darewise Entertainment, Animoca Brands Japan, Eden Games, Grease Monkey Games, TinyTap, Be., Notre Game, PIXELYNX, Gryfyn and WePlay Media are other subsidiaries. from Animoca Brands.
Animoca Brands is also an active investor in the Web3 space, with a strong portfolio of over 400 investments directly through Animoca Ventures, such as Axie Infinity, Yuga Labs, Polygon, Consensys, Dapper Labs, Fireblocks, OpenSea, Yield Guild Games and Alien worlds, to name a few.
