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Home»ADOPTION NEWS»Animoca Brands joins MultiversX as a main effective test for promoting the adoption of Web3.
ADOPTION NEWS

Animoca Brands joins MultiversX as a main effective test for promoting the adoption of Web3.

By Crypto FlexsMarch 2, 20252 Mins Read
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Animoca Brands joins MultiversX as a main effective test for promoting the adoption of Web3.
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Darius Baruar
February 26, 2025 08:08

Animoca Brands joined the Multiversesx as a Validator to improve synergy with vast portfolios and utilized block chains for creators, users and business.





The Animoca brand strengthens the MultiversX ecosystem.

According to Animoca Brands, Animoca Brands joined Multiversx Ecosystem as an effective inspector and ecosystem contributor while moving greatly to enhance the adoption of blockchains. This collaboration aims to take advantage of the synergy effect between ANIMOCA Brands and MultiversX blockchain networks with developing tools such as Sovereign Chain.

Vast portfolio of Animoca Brands

Founded as a mobile game company in 2014, Animoca Brands was a pivot in 2018 and became a major investor in the industry. Headquartered in Hong Kong, this company mainly boasts more than 540 investments in blockchain -related projects focusing on games, digital collections, open worlds and infrastructure. In particular, the ANIMOCA brand was an initial sponsor of prominent platforms such as OpenSea, Decentraland and Sandbox.

Influence of Staying V4 on Multiversx

This partnership is on the heel of the successful implementation of the Stacking V4, where MultiversX is a four -stage stage King upgrade. This upgrade has improved the NAKAMOTO coefficient of the network by 50%, and the new validation device can be enrolled into the network based on the steak EGLD to remove the previous cue -based system. Animoca Brands has already capitalized this opportunity, and Staying Pool has accumulated more than 100,000 EGLD.

Industry leader statement

YAT SIU, co -founder and chairman of Animoca Brands, expressed his passion for collaboration. We aim to finance the environment of the game industry, to give users authority, and to accelerate the adoption of Web3. ” Beniamin Mincu, CEO of MultiversX Foundation, emphasized the potential to improve the adoption of Web3 in games and entertainment.

Support for innovative startups

In addition, new companies incubated from the vision of Animoca Brands, especially the optional Web3 accelerator XLAUNCHPAD, can be supported. This initiative emphasizes the promise of Animoca brands to foster innovation in digital entertainment and game experience.

Image Source: Shutter Stock


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