Xverse Announces Strategic Investment from Animoca Brands
Xverse has received a strategic investment from Animoca Brands, the company behind “The Sandbox”, a popular blockchain-based, user-generated content metaverse game.
Animoca Brands, specializes in blockchain gaming technology and is considered one of the leading forces behind digital entertainment.
Animoca Brands is the developer and publisher of blockchain games, including REVV Racing, F1® Delta Time, MotoGP™ Ignition, Formula E: High Voltage, The Sandbox, as well as mobile games such as Crazy Kings, Crazy Defense Heroes, and many others. The company also released various fungible tokens such as SAND and REVV. SAND is the utility token used throughout The Sandbox ecosystem as the basis of transactions and interactions. REVV is the utility token that serves as the primary currency of purchase, utility, and action across all REVV Motorsport blockchain games by Animoca Brands.
In addition to its extensive experiences in developing blockchain games and NFTs, Animoca Brands also holds an impressive portfolio of blockchain investments and partnerships, including Sky Mavis (Axie Infinity), Dapper Labs (CryptoKitties and NBA Top Shot), OpenSea, Harmony, Bitski, and Alien Worlds.
In the newly established strategic partnership, Animoca Brands will be providing technical support to and, with advising Xverse on blockchain gaming business development.
Animoca Brands co-founder and chairman Yat Siu commented: “Xverse has the potential to be one of our top blockchain gaming investments after, and we look forward to providing the necessary support and assistance to Xverse and help its ‘Mypick’ and ‘Ro:Mong’ services to succeed.”
Jason Kang, CEO of Xverse, commented: “Animoca Brands has extensive experience in developing blockchain-based games and services, and we believe it is the best potential partner for our Ro:Mong service.”
XVERSE is the #1 mobile VR-AR software and metaverse blockchain corporation. Backed by our Partners including, Animoca Brands, Vestigium, GBV, x21, and more, Our mission is to build the most content-rich, easy-development, cost-effective, and accessible VR AR platform based on blockchain technology.