Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Animoca Brands Establishes Validator on Core Blockchain to Strengthen Security and Decentralization
ADOPTION NEWS

Animoca Brands Establishes Validator on Core Blockchain to Strengthen Security and Decentralization

By Crypto FlexsJuly 11, 20244 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Animoca Brands Establishes Validator on Core Blockchain to Strengthen Security and Decentralization
Share
Facebook Twitter LinkedIn Pinterest Email





Animoca Brands Launches Validator on Core Blockchain

Core, a Bitcoin-based Layer 1 blockchain for EVM-compatible smart contracts, announced that Animoca Brands has launched a validator on the Core Chain. According to Animoca Brands, this move underscores Animoca Brands’ belief in the potential of the Core blockchain and its commitment to supporting the security and decentralization of the Core network.

The role of the verifier

Validators are an essential component of a blockchain network. They verify and validate transactions, maintain the accuracy of the ledger, and contribute to the overall security of the network. Animoca Brands is actively participating in the governance and stability of Core by becoming a validator, emphasizing its commitment to the vision of unlocking over $1.3 trillion of liquidity locked in Bitcoin.

Collaborating to Drive BTCfi Innovation

In addition to operating validators, Animoca Brands aims to work with key contributors to integrate specific dApps into its Web3 investment portfolio. This initiative is expected to foster collaboration and innovation, leveraging the strengths of multiple projects to advance BTCfi.

Unique architecture of the core chain

Core Chain’s unique architecture, supported by the Satoshi Plus Consensus Mechanism, and its focus on BTCfi align with Animoca Brands’ commitment to building on top of Bitcoin and advancing opportunities for ecosystem builders and dapps. Core offers unparalleled scalability and security, making it an ideal choice for projects looking to leverage the benefits of decentralized finance on the Bitcoin network.

The Importance of Animoca Brands as a Validator

The inclusion of Animoca Brands as a validator represents another step in Core’s efforts to build a secure, decentralized, and efficient blockchain network, leveraging their experience and expertise in operating validators across multiple blockchains.

With over 4,800 BTC in stake, Core has a BTC stake value of over $180 million. The support and collaboration of Animoca Brands is expected to accelerate Core’s development and promote mass adoption of BTCfi.

Statement from Key Leadership

Brendan Sedo, an early contributor to Core, said: “We are excited to announce our collaboration with Animoca Brands, one of the most recognized companies in the Web3 space. Animoca Brands is playing a critical role in securing the Core chain and enabling BTCFi by running validators on the Core network. This partnership marks the beginning of many future collaborations that we look forward to. We are excited about the future and are committed to making Core the most Bitcoin-friendly blockchain with Animoca Brands as a key partner on this journey.”

About the core

Core is a Bitcoin-based blockchain that unlocks EMV-compatible BTCfi, is the first to implement non-custodial BTC staking, and the world’s first yield-generating BTC ETP. Core is the most Bitcoin-compatible EVM blockchain, with approximately 55% of Bitcoin mining hash power contributing to network security and over 4,800 BTC staked natively in exchange for unlocking Bitcoin utility and rewards. This groundbreaking development has attracted millions of Core adopters. Since its mainnet launch in January 2023, it has had over 19 million unique addresses and 260 million transactions.

About Animoca Brands

A Deloitte Tech Fast award winner, Fortune Crypto 40 company, Top 50 Blockchain Gaming Companies of 2024 and Financial Times’ Asia Pacific Highest Growth Companies of 2023, Animoca Brands (ACN: 122 921 813) is a Web3 leader in building an open metaverse by leveraging blockchain to empower consumers globally with digital property rights. 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, as well as products leveraging popular intellectual properties in sports and entertainment such as The Walking Dead, Power Rangers, MotoGP™ and Formula E. It has several 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, SPORTPASS, PIXELYNX, WePlay Media, Gryfyn and Azarus. Animoca Brands is one of the most active investors in Web3, holding over 450 Web3 investments directly or indirectly through Animoca Ventures, including Yuga Labs, Axie Infinity, Polygon, Consensys, Magic Eden, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games and more. For more information, visit www.animocabrands.com or follow us on: X (Twitter)YouTube, Instagram, LinkedIn, Facebook, TikTok.

Image source: Shutterstock



Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025

BTC RSI hits April low as Coinbase premium turns red.

October 18, 2025

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Jiuzi Holdings, Inc. Partners With SOLV Foundation On $2.8B TVL Bitcoin Initiative To Advance Crypto Treasury Strategy

October 27, 2025

Why Elon Musk’s SpaceX transferred $133 million in Bitcoin

October 27, 2025

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 2025

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025

Shamir’s Secret Sharing (SSS) for secure quantum data storage

October 25, 2025

MultiBank Group and Khabib Nurmagomedov Launch an Exclusive Worldwide Multi-Billion-Dollar Joint Venture to Build the World’s First Regulated Tokenized Sports Ecosystem.

October 25, 2025

Bitcoin price surpasses $125,000 and hits ATH.

October 25, 2025

People Are Earning Thousands Of Dollars A Day

October 25, 2025

The $19 billion cryptocurrency collapse: A catalyst for Bitcoin to reach $200,000 by 2025: Standard Chartered

October 25, 2025

Humanity protocol price rises by 70% with launch of sustainable digital ID

October 24, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Jiuzi Holdings, Inc. Partners With SOLV Foundation On $2.8B TVL Bitcoin Initiative To Advance Crypto Treasury Strategy

October 27, 2025

Why Elon Musk’s SpaceX transferred $133 million in Bitcoin

October 27, 2025

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025
Most Popular

Gaming Giant Gumi joins Injective (INJ) as a validator

June 9, 2024

Launch of integrated platform for Creator Economy 2.0

December 27, 2024

Wall Street Journal charged with defamation over 2023 Tether-Bitfinex article

March 2, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.