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Before becoming Bandai Namco investor in Metaverse, other fellow gaming companies also tried to invest in crypto but failed
The current plan for Bandai Namco investors to allocate the funds
On Tuesday, famous game Pac-Man owner company announced their plan to invest in the metaverse project. Bandai Namco investor plan detailed the allocation of 15 billion Japanese Yen, equating to $130 million, into building an ‘IP Metaverse’ linked to its huge variety of games and other graphic content.
The gaming company also has plans to invest approximately 25 billion Yen, $216 million for new IP creation to maximise the IP value; also, that will help in group-wide IP projects and innovations.
The gaming company is famous for creating and developing games IPs like Pac-Man, Dragon Ball, Dark Souls, Gundam, and the Digimon franchise.
Plan announcement for Bandai Namco investors
Revealing its mid-term plan, the company said it would fulfil three targets. First, their goal will be to set up a connection between Bandai Namco games and their fans for growth.
Second, their priority is to enhance the value of Bandai Namco’s IP. Lastly, the third plan is to connect the virtual gaming elements in the Metaverse to the actual physical world.
This will be applicable under the umbrella of the ‘ALL BANDAI NAMCO’ concept. The company itself made the earlier mentioned plans and announcements for Bandai Namco Investors.
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The craze of companies to invest in the Metaverse
The concept has already gained so much hype and popularity that every other brand wants to make a presence in the Metaverse or invest in metaverse crypto. Especially when it comes to the tech and entertainment industry, they seem most forward in the race towards the virtual world where people will be able to interact with each other and brands.
Companies made their presence or invested in Metaverse
Major companies and brands worldwide are after the ‘tech revolution’ idea of Metaverse. Companies including Disney, Microsoft, Facebook even concentrated entirely on the concept that changed its name to Meta Platforms Inc. and many others.
Fellow gaming companies other than Bandai Namco, such as Sega, Square Enix and Konami, etc., first came in front to invest in metaverse crypto. But for some reason, they have stepped out from the same.