Cointime

Download App
iOS & Android

Brave Group Announces Its Alliance With Animoca Brands To Boost Web3 Initiatives

The Brave Group takes immense pleasure and feels extremely proud in making its formal announcement of having forged a capital and business alliance with Animoca Brands Japan. The aim and intention behind this were to give wings to their carefully planned mission, Strike Wonder in 8 billion hearts. In their opinion, in order to achieve this, it is indeed the need of the hour to completely focus on the ultimate form of development, where their IPs, together with the proper usage of Web3, are concerned.

Since then and at the present moment in time, the Group has been successful in making its mark in several verticals in the Metaverse, such as IP business, which happens to handle RIOT MUSIC and Vspo. This happens to be a new-age virtual eSports project.

In the case scenario of Animoca Brands, it happens to be the parent company of Animoca brands Japan. The company happens to be operating from Hong Kong. It is actively engaged in the creation of its very own Web3 ecosystem. It also happens to be regularly making investments in all sorts of blockchain games, Metaverse, DeFi, and along with all of that, in crypto wallets all across the globe. This company happened to have been set up sometime in the month of October 2021.

Animoca Brands Japan happens to be an affiliate that backs the Web3 approach to Japanese intellectual properties and content holders. Its prime function is in the provision of a platform for forming a combination with that of IPS and blockchain technology. It also backs IP holders in creating their own ecosystem in the Web3 arena.

At the present moment in time, the Brave Group has declared to make funding of approximately 300 million yen with the formation of its alliance with Animoca Brands Japan. This will go towards their overall expansion plans and work on global development in the virtual space. Together with this funding, their overall funding amount now reaches the figure of 3.04 billion yen.

Comments

All Comments

Recommended for you

  • Chainlink Digital Asset Insights: Q1 2024

    The Web3 ecosystem has recently seen a dramatic rise in activity through total value locked in decentralized finance (“DeFi”), volumes on decentralized exchanges (“DEXs”), and stablecoin activity (see the Appendix). Looking at the first quarter of the year, we examine prominent events in the space, including:
  • Cointime April 23th News Express

    1. EigenLayer: Deposit limits for all LST tokens will be removed on April 16
  • Cointime April 5th News Express

    1.Mystiko.Network Community Sale Completed, Total $11.25 Million in XZK Sold2.Solana Co-founder Responds to the Sharp Increase in Transaction Failure Rates: Patch Coming Soon3.Ethena USDe market value exceeds 2 billion US dollars, setting a new record4.Du Jun, Executive Director and CEO of Xinhuo & Founder of ABCDE: Xinhuo Technology and ABCDE will invest 100 million US dollars to support blockchain companies that promote social development 5.QCP Capital: Bitcoin is expected to return to $70,000 this week, while Ethereum continues to be weak6.bitSmiley Labs officially launches its independent ecosystem plan, bitUniverse, and reveals its OG pass bitDisc-Black Upgraded Priviledges 7.Avalanche Foundation launches ice-breaking plan, focusing on LST track in the first phase and funding 500,000 AVAX 8.SuperRare Expands into Bitcoin Ordinals with Killer Acid's Psychedelic Art Collection 9.A dormant whale address for 8 months deposited 1,100 BTC into Binance10.Meme exchange DerpDEX.com completes multi-million dollar strategic investment, with participation from ABO Digital and others
  • An introduction to Composable Culture, what it is and why it matters

    The current landscape of emerging technologies like blockchain, web3, ai-related solutions and others is paving the way for what I see as the rise of composable culture (or modular culture as one of my peers said1). While I have been hinting the concept in my writings before, an explanation of why an there should be an umbrella term, what are it’s characteristics and advantages is needed.
  • Framing the Future of the Internet

    Farcaster’s Very Small Apps Are a Very Big Deal
  • The Safe Case: How AI and Smart Accounts will Revolutionize Crypto

    Web3’s first billion users may not only be humans, but AI agents, signalling a nascent but growing "agent economy"—an onchain economy run solely by AI agents that is turning the crypto-AI dream team into a reality.
  • AI-powered game brings ‘Waifus’ to life with plans for AR/VR experience

    Loneliness is a growing economy, and this Web3 game aims to introduce AI-powered digital companions to stabilize it.
  • Outside is Inside Again

    So, I conducted this non-representative survey on Hey.xyz, wondering what the killer Web3 feature for games is. Not surprisingly, “owning your assets” won. I've been fortunate to work with some respected players in the game design community in the past, helping to define their future strategies and where the future of gaming ecosystems goes. Honestly, this was a major reason why I went full-time into Web3.
  • VC Roundup: Are VCs returning to crypto? February suggests renewed confidence

    In February, a diverse group of crypto startups announced recent funding raises, signaling that investors’ interest in crypto may be on the rise again.
  • No-code blockchain development, explained

    Developing software applications without a deep understanding of coding or conventional programming languages is known as “no-code development.”