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Animoca Brands, a leading metaverse and gaming venture capital firm, has taken an important step towards advancing Mocaverse. The company has successfully raised $20 million from a consortium of renowned Web3 investors.
Animoca Brands Raises $20M for Ambitious Mocaverse Metaverse Project
Reputable institutions such as Kingsway Capital, Liberty City Ventures and GameFi Ventures also contributed to this important investment round led by CMCC Global, a venture capital company.
Especially the personal participation of Yat Siu, co-founder of Animoca Brands, renewed the trust in the Mocaverse project.
Animoca Brands has emerged as a key figure in the field of Non-Fungible Tokens (NFTs), blockchain games, and metaverse-focused startups.
The firm has received support from important institutions such as Singapore's sovereign investment fund Temasek. With Mocaverse, Animoca Brands envisions providing users with Web3-specific tools that enable them to create a wide variety of gaming and entertainment products.
One of the project's flagship offerings in development is Moca ID, an innovative NFT collectible designed to enable users to create on-chain identities and facilitate seamless participation in the evolving Mocaverse ecosystem.
This capital inflow will significantly support the development and implementation of Animoca Brands' visionary Mocaverse project, making it a pivotal point in the evolution of the metaverse and blockchain gaming environments.
*This is not investment advice.