Animoca Brands Are Making Big Moves In The P2E Gaming Industry
2022.04.15 21:45
Animoca Brands Are Making Big Moves In The P2E Gaming Industry
- Animoca Brands recently added Eden Games to its portfolio.
- Animoca then also revealed that they will be acquiring Darewise Entertainment.
- Darewise Entertainment agreed to give Animoca a 70% stake in the company.
Animoca Brands, the parent company of The Sandbox, added Eden Games to its portfolio on Tuesday April 12. Eden games is a publisher that is very well known for its racing games. Some of these games include the Gear.Club as well as the Test Drive series.
Animoca hopes that this Eden Games acquisition will better their REVV Motorsport ecosystem of blockchain-based racing games on Polygon.
Animoca then also revealed on Wednesday that they will also be acquiring Darewise Entertainment. This is a Paris based game studio that was founded by former Ubisoft executives and other gaming industry legends.
Darewise is currently in the process of developing a brand new play-to-earn (P2E) massively multiplayer online role-playing game (MMORPG). This game will be called Life Beyond.
According to VentureBeat, Darewise Entertainment agreed to give Animoca a 70% stake in the company.
Yat Siu stated that one of the reasons for the acquisition is the greatly experienced team in Darewise that are themselves involved in gaming franchises such as Assassin’s Creed and The Division.
Because of this highly experienced team involved in creating and developing Life Beyond, Siu said to “expect many collaborations, partnerships and interoperable experiences and the highest level of quality.”
Animoca also stated that Life Beyond is on a mission to “ empower players to make decisions both on an individual level via their own play choices as well as collectively by making critical decisions on the future direction of the game.”
In other news, Animoca was recently one of the companies that led a $5 million seed round for the P2E mobile game Blast Royale.
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