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Despite a broader downturn in related markets, multinational corporations don’t appear to have slowed down on their trademark applications covering Web3, crypto, nonfungible tokens (NFTs), and the metaverse.The month of February — now drawing to a close — saw the likes of General Motors, Lacoste and Walmart making their territory
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The lack of a wide choice of high-quality products has so far prevented crypto gaming from gaining traction among mainstream users, according to Robby Yung, CEO of Animoca Brands. GameFi, or blockchain-backed gaming — one of the newest, most promising crypto sectors — allows gamers to earn monetary rewards and take
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The celebrated union between blockchain and gaming has encountered several hurdles that have left many wondering if the new sector of crypto and gaming will ever live up to its potential. In the fifth episode of the Hashing It Out podcast, Cryptox’s Elisha Owusu Akyaw and Animoca Brands CEO, Robby Yung,
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Animoca Brands, a Web3 gaming-focused company, has announced it is now targeting a raise of $1 billion for a fund directed to inject help for already established blockchain projects. The number is significantly lower than the $2 billion the company announced back in November as an upper limit for this
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Animoca Brands was impacted by the FTX collapse as about a dozen of its outfits had significant exposure to the bankrupt firm.Animoca Brands, one of the biggest metaverse firms and investors in today’s Web3 ecosystem might be tapering down its projected fundraising expectations billed for the first quarter of this
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The crypto bear market has also been called a builder’s market by many leading figures and companies in the industry.New data from Nasdaq reveals that investors had this mindset as they continued to sink money into Web3, particularly metaverse-related projects.According to the data over the last year 216 metaverse funding
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Animoca Brands, the company advancing digital property rights for gaming and the open metaverse, and its subsidiary TinyTap, the leading platform for user-generated educational games, today announced that the second series of teacher-authored Publisher NFTs will be auctioned on OpenSea starting at 19:00 (EST) on 15 December 2022.
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All is not lost, though. So far, brands’ activities in this space seem born of the right, inclusive spirit. There is a real effort, for example, to give artists, musicians and writers greater control over their work, to dramatically boost the royalties they receive and to seek out diverse creative
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Blockchain video game developer Animoca Brands aims at establishing a well-heeled specialized fund to facilitate metaverse projects. Animoca Brands plans to launch a $2 billion fund to invest in metaverse businesses, according to the company’s co-founder and executive chairman Yat Siu. In addition to focusing on digital property rights, Siu said that the
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Siu noted that the Metaverse won’t be a single or
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