animoca brands

NFTs don’t always get taken very seriously, particularly now that AI and content creators are hogging the spotlight, but not everyone is so quick to discount crypto’s oft-derided younger sibling. According to Animoca Brands’ chairman and co-founder, Yat Siu, the growing influence of artificial intelligence and content is exactly why there is a growing need for NFTs in the world. Yes, we know that’s a bold claim, but before you roll your eyes, hear him out: Animoca has its own NFT collections, blockchain products and…

NFTs have suffered everything from ridicule and scams to a broad dip in demand due to the crypto winter. Sometimes it almost feels like some of the projects in the space are kept going simply on hopes and dreams. Still, the sector has persisted through the downturn, and recent momentum in crypto has investors, community members and spectators alike becoming interested in NFTs again. Sure, NFTs get a lot of heat for all the silly apes, rocks and JPEGs that people spend millions on, but there’s a widespread belief in…

In a bid to consolidate its growing presence in the area of blockchain gaming, Web3 investment giant Animoca Brands has now completed the full acquisition of Melbourne-based game developer Grease Monkey Games — a studio that has developed a host of popular motorsport titles such as Torque Burnout and Torque Drift. Established in 2013, Grease Monkey Games' current pipeline of upcoming titles includes a major cross-platform racing game built with Unreal Engine 5 and moving forward, the game studio will be working closely…