Animoca Brands invests in Amasa, leading seed funding round
Amasa enables users to easily aggregate, track, and invest earnings made through interacting with digital worlds, generating additional yields for users’ digital assets. Amasa also allows users to aggregate and reinvest income earned from other activities including data sharing, microtasking, web browsing, predictions markets, and other evolving use cases.
Yat Siu, the chairman and co-founder of Animoca Brands, commented: “Animoca Brands is excited to invest in and work with Amasa, which offers the terrific potential for multiple products to aggregate the earnings that players generate in various metaverse offerings, and to generate yields from those earnings.”
Will Birks, Amasa core contributor, commented: “We are extremely excited to be partnering with and supported by Animoca Brands, a true leader and innovator in the rapidly growing blockchain gaming and NFT space. Animoca Brands’ presence in gaming and NFTs, two of the major focus areas for Amasa, and the shared values of each company in utilising Web 3.0 technologies to empower and reward users for their time and engagement, make this a great match.”
The Amasa platform allows people around the world to capture the value creation potential of blockchain based micro income streams. It is working to drive greater adoption of Web 3.0 networks, platforms, and communities that reward users for their interactions, attention, content, and data. The platform then allows earned income to be converted into stablecoins and reinvested into a range of DeFi investment portfolio options.
About Animoca Brands
Animoca Brands, ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021, is a leader in digital entertainment, blockchain, gamification, and artificial intelligence. Animoca Brands develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Formula 1®, Marvel, WWE, Power Rangers, MotoGP™, and Doraemon. Its portfolio of blockchain investments and partnerships includes Sky Mavis (Axie Infinity), Dapper Labs (CryptoKitties and NBA Top Shot), OpenSea, Harmony, Bitski, and Alien Worlds. Its subsidiaries include The Sandbox, Quidd, Gamee, nWay, Pixowl, and Lympo. For more information visit www.animocabrands.com or get updates by following Animoca Brands on Facebook or Twitter.
Animoca Brands global contact: firstname.lastname@example.org