Animoca Brands to purchase additional EDU tokens from open market
28 November 2023 - Animoca Brands today has disclosed that it intends to acquire additional EDU tokens from the open market. EDU is the governance and utility token of Open Campus, a community-led protocol for educators, content creators, parents, and students.
Animoca Brands believes that the EDU token and the work of Open Campus and partners have significant potential to incentivize the creation of high-quality educational content and drive greater adoption of blockchain technology among educators.
Animoca Brands and its subsidiary TinyTap are launch partners of Open Campus, together with other companies; Yat Siu, the executive chairman and co-founder of Animoca Brands, and Yogev Shelly, the CEO of TinyTap, are members of the EDU Foundation Council.
About Animoca Brands
Animoca Brands, a Deloitte Tech Fast winner, a Fortune Crypto 40 company, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a Web3 leader that leverages blockchain to deliver digital property rights to consumers around the world to help establish the open metaverse. The company develops and publishes a broad portfolio of products including original games such as The Sandbox, PHANTOM GALAXIES™, Life Beyond, and Crazy Defense Heroes, and products utilizing popular intellectual properties from the worlds of sports and entertainment, such as The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Animoca Brands Japan, Grease Monkey Games, Eden Games, Darewise Entertainment, Notre Game, TinyTap, Be., PIXELYNX, WePlay Media, and Gryfyn. Animoca Brands is one of the most active investors in Web3, with a portfolio of over 400 Web3 investments, both directly and through Animoca Ventures, including Yuga Labs, Axie Infinity, Polygon, Consensys, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games, Alien Worlds, and many more. For more information visit www.animocabrands.com or follow on X (Twitter) or Facebook.