The advantages of Meta Universe and NFT! Animoca Brands assets increased by 550% in 2 months

Yat Siu, co-founder and CEO of Hong Kong blockchain game developer Animoca Brands, announced the opening statement on April 8, saying the company has access to tokens such as REVV due to the price hike in the Metaverse and NFT sectors. . (REVV), The Sandbox (SAND), Tower (TOWER) and GAMEE (GMEE) all experienced significant growth. Xiao Yi presented in the opening letter: The value of our digital assets as products and ecosystem of Animoca Brands platforms (such as REVV, SAND, TOWER and GMEE, which can be considered as our assets) has increased by about 2.9 USD. It went from $ 1 billion at the end of September 2021 to $ 15.9 billion at the end of November, and has more than tripled in just two months.

All cryptocurrencies are GameFi or meta-world blockchain projects, and GameFi takes care of gaming-related activities, non-fungible tokens (NFT), and DeFi (decentralized finance).

Xiao Yi pointed out that the value of Animoca's two main assets, REVV and SAND, has increased: GDP Currently, the monthly exchange rate between REVV and SAND is around $ 120 billion, which is equivalent to Morocco's GDP. or Slovakia in 2021.

results for the first 3 quarters

At the same time, Animoca Brands will achieve sales of approximately $ 140 million and other income (investments and digital assets benefiting from it) of approximately $ 529.6 million from January to September 2021.

As of last September, Animoca Brands had a balance of $ 35.9 million, with an additional $ 112 million of digital assets in the form of BTC, ETH, USDC, BUSD, BNB and USDT.

In addition, other digital liquid devices available from Animoca Brands include tokens worth up to $ 456.3 million, including AXS, FLOW and other tokens.

To look forward

In the opening statement, Xiao Yi said in the opening statement, the new financial statements from January to September 2021 show not only changes in the company's activities, but also changes in the economy, indicating that future new industries are often about the past. reality. . . .

Xiao Yi said 2021 is a special year for Animoca Brands and the general opening. Based on the opening of the Metaverse, NFT's total revenue in the first quarter of this year reached $ 13.2 billion. It costs $ 293. In the last week alone, 1 million blockchain applications have continued to enter the mainstream, and the phenomenal growth of the NFT industry is a very positive indication.

Looking to the future, Xiao Yi said: Creating an open world meta ... is like creating a new world, like creating a national community. Additionally, a meta-world that works for the interests of the community and a country will be the best meta-world in the world. One of the most important ways that states and metamondes work for their citizens is to reward them. We believe that true digital property (virtual privacy rights) is the basis for supporting all open world meta. Ownership of digital assets gives you control over them, which leads to the freedom of trade and open trading (i.e. income from the sale of assets) that drives GameFi's time (for example). example, win and play) and make connections. The road to a righteous life.

He raised $ 65 million in October.

According to previous data, Animoca Brands announced the closing of a new $ 65 million fund ($ 2.2 billion prepayment) on October 20. The list of participants in this competition includes well-known schools such as Liberty City Ventures, Ubisoft Entertainment and Sequoia China.

Xiao Yi opened up about Animoca's vision for an open world meta in an interview with “Decrypt” on October 22. He believes the future decentralized virtual corporate world should be a pageless garden wall and not something like Apple and Google. Such as the closed ecosystem.

“We are a little reluctant to achieve this goal. The biggest threat is not the authorities. I think the authorities need to keep a safe place to make sure everything is safe. I think Facebook and Tencent are a real threat. "