Animoca Brands' assets have quintupled in two months.
Metaverse and blockchain games company Animoca Brands reported that their assets had more than tripled in two months.
From January to September 2021, other income (such as digital asset income from more than 100 investments and archives) was $ 529.6 million.
Animoca co-founder and CEO Yat Siu said in a December 9 letter to the Metaverse and NFT communities that the company's tokens for REVV (REVV), Sandbox (SAND), Tower (TOWER) and GAMEE (GMEE) ), due to the boom in the price industry.) Has experienced strong growth.
The value of digital assets held in the Animoca Brands product and platform ecosystem has grown from approximately $ 2.9 billion at the end of September 2021 to approximately $ 15.9 billion at the end of November 2021. This this month.
Each token is a GameFi blockchain or meta-universe project. GameFi refers to activities related to games, NFTs and financial markets (DeFi).
To account for the increase in Animoca's two main assets, REVV and SAND, Siu explained that the combined monthly output of the two industries in 2020 is second behind Greenland's GDP. The total trade volume of the two tokens is now equivalent to the GDP of Morocco or Slovakia in 2021, or around $ 120 billion.
The article also describes Animoca's approach to thinking in terms of investments. Siu believes the Animoca team is "the foundation that supports all of the open world meta, where real digital members are the base."
"We believe equity and digital inclusion are a necessity, not a choice."
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