News13 July 2022

Animoca raises dough for metaverses

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Animoca Brands, which specialises in games and blockchain, has raised additional capital to support some of its plans for the future.

Plans for Animoca include funding strategic acquisitions, investments and product development; licensing popular intellectual property; and promoting an open meta-universe.

By the way! A sure Emil Woods, managing partner of Liberty City Ventures, believes Animoca Brands is at the forefront of delivering on Web3's promises. So put the fund on the tick; little do they know what's out there.

Moni educational:

The meta-universe is a permanent virtual space in which people can interact with each other and with digital objects through their avatars, using virtual reality technology. Interaction can take place through a variety of technological devices, both with traditional personal computers and with virtual and augmented reality headsets. Meta universes are already present in some limited form on platforms such as VRChat and Decentraland, or in video games such as Second Life.

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