Animoca Brands is a powerhouse in the field of web3. With an impressive portfolio of tokens, web3-based games and products, they are taking the space by storm. They also have a whopping 380 investments in web3!
But what exactly is Animoca Brands? In this guide, we explore everything you want to know about the brand and how you can get involved.
What is Animoca Brands?
Animoca Brands is one company specializing in digital entertainment, blockchain and gamification. They are clearly focused on promoting digital property rights and contributing to the open metaverse. Their impressive portfolio includes a variety of products such as the REVV and SAND tokens, and games like The Sandbox, Crazy Kings and Crazy Defense Heroes. They have several subsidiaries, including Quidd, GAMEE, and nWay, and over 380 investments in Web3, such as Colossal, Axie Infinity, and OpenSea. Significantly, The Financial Times has recognized Animoca Brands as a high-growth company in the Asia Pacific region for 2023, and they have also won the Deloitte Tech Fast award.
Who owns Animoca Brands?
Yat Siu is the founder and current chairman of Animoca Brands Corporation Ltd, a Hong Kong-based gaming software company and venture capital firm that he founded in 2014.
Throughout his successful career, Yat Siu has received numerous awards and recognitions for his contributions to business and society. Significantly, the World Economic Forum, among others, named him a ‘Global Leader of Tomorrow’ and a ‘Young Global Leader’. Yat Siu is truly a master of entrepreneurship!
Who is Yat Siu?
Yat Siu has certainly had a fascinating career path. He is a renowned entrepreneur and angel investor. Born and raised in Vienna, Austria, Yat Siu made a splash in Asia when he founded Hong Kong Cybercity in 1996. Notably, this was the first free web page and email provider in Asia. Before that, he started at Atari in Germany and then moved to graphics software company Lexicor, where he became director and head of the US east coast division. He founded Outblaze in the late 1990s, and IBM eventually bought it in 2009 and integrated it into IBM’s LotusLive service suite.
In 2011, he founded Animoca, one of the world’s largest apps for developers and publishers. They created popular apps like Pretty Pet Salon and Cinderella Cafe, which were among Apple’s top apps in 2011. Early funding from venture capital firms Intel Capital and IDG-Accel allowed Animoca to develop and publish hundreds of apps on Android and iOS. platforms. This led to Siu founding Animoca Brands in 2014.
Which NFT brands has Animoca Brands invested in?
Animoca Brands has made several notable investments in NFT brands. They have a diverse portfolio of Web3 investments and are continually expanding their presence in the NFT space. Here we will explore just a few examples of the NFT brands Animoca Brands has invested in.
Let’s first look at OpenSea. OpenSea, the largest NFT marketplace, is a peer-to-peer marketplace for buying, selling, and discovering NFTs. Animoca Brands has also invested in Rarible, a community-owned NFT marketplace that allows creators to mine, sell and auction their digital assets. The final marketplace we’ll dive into is SuperRare, a curated NFT marketplace featuring unique, high-quality digital artwork. Animoca Brands has also invested in Async Art, a platform for creating and selling programmable art, where owners can change certain aspects of the artwork over time. Finally art blocks. Art Blocks is a generative art platform where artists create unique algorithmic works of art.
What are NFT licenses?
Essentially, NFT licenses are a type of licensing agreement that allows the creator of an NFT to control the distribution, use, and ownership of their digital assets. An NFT license can contain different conditions. These often outline restrictions on the use of the NFT, the duration of the license, and the royalties the creator will receive when their NFT is sold or used. It can also specify the rights and responsibilities of both the creator and the licensee.
NFT licenses are important. This is because they provide a legal framework for the use and distribution of NFTs. They ensure that creators protect their intellectual property rights and receive fair compensation for their work. Additionally, NFT licensing can help create a standardized framework for the NFT market, which can promote trust and transparency between buyers and sellers.
How to invest in Animoca brands?
There are several ways you can invest in Animoca Brands, but before doing so, it is important to do thorough research to evaluate the potential risks and rewards. Please note that this is not financial advice!
