Animoca Brands Japan, the strategic subsidiary of Animoca Brands, has announced the launch of its NFT launchpad Sorah on June 18. The platform will serve to support projects and creators in selling their non-fungible tokens.
Animoca Brands Japan and the launch of the new Sorah NFT launch pad
Animoca Brands Japanthe strategic subsidiary of Animoca Brands, will launch its new NFT launchpad called Sorah on June 18.
SORAH from Animoca Brands Japan
May 6, 18 より提供開始🚀第1弾として@San_FranTokyoと@TheSandboxGameのNFTを販売🔥#SORAH #animocabrands #アニモカブランズhttps://t.co/savTMpitqD
— Animoca Brands Japan (@Animocabrandskk) June 12, 2024
In practice, Sorah will be a launching pad for NFTs supports projects and creators in selling their non-fungible tokens.
Specifically, Animoca Brands Japan’s launch pad is intended to provide sales opportunities and versatile support for sales and marketing strategies for the NFT projects that will be selected.
There is also one at stake loyalty program such as an NFT that allows users to receive various benefits.
Thanks to Sorah’s new platform, Animoca Brands Japan wants to become a… Web3 portal that better connects Japan with the global community. In fact, among its several objectives is the promotion of Japanese intellectual property rights (such as manga and anime) worldwide, as well as developing content in Japan that generates global interest.
Animoca Brands Japan and its new NFT launch pad Sorah: first sales
As expected, the launch of Sorah will take place on June 18. On this occasion there will be several opening sale such as the San FranTokyo PFP NFT Collection “San FranTokyo Visions”, as well as the “Captain Tsubasa Team Collection” and the “SHIBUYA109 FASHION COLLECTION” for The Sandbox.
Specific, the collection San FranTokyo Visionssees the sale of 50 NFT at the price of 0.085 ETH each. To give an idea of the project, the description talks about San FranTokyo as an imaginary city that brings together IP and brands, with an emphasis on anime, manga and pop culture fandom.
Then there is another collection Team Captain Tsubasa of 100 NFT, which will be sold for the price of 60 MATIC each. Here you will be confronted with a collection of avatars from The Sandbox of the immortal masterpiece Captain Tsubasa, consisting of a total of 2,060 avatars, including avatars wearing the famous uniforms of Nankatsu Junior High School and Toho Gakuen Junior High School.
And then, still on Sorah, there will be that too the first sale of the SHIBUYA109 FASHION COLLECTION, 100 NFT for the price of 60 MATIC each. Published on The Sandbox, here the total of 2060 avatars incorporate Japanese trends and culture.
Holders of this collection can use their avatars to have fun with fashion-themed mini-games and play with a range of experiential content that will be available in The Sandbox metaverse.
Overall, Animoca Brands Japan’s NFT launchpad is Sorah is supported by the Ethereum and Polygon chains. Not only that, to enforce a limit, sales of its NFTs are not available to residents of the United States and the United Kingdomsanctioned countries and other restricted jurisdictions.
The $20 million funding in The Sandbox metaverse
Another division of Animoca Brands has also made headlines recently. It is the decentralized metaverse of The sandpit who would have obtained one financing of $20 million, reaching a maximum valuation of $1 billion.
The goal is to further develop the creator economy within an open metaverse.
The financing was led by Kingsway Capital and Animoca Brands, with participation from LG Tech Ventures and True Global Ventures.