Animoca Ventures

Exciting developments in Web3 are unfolding with our portco Particle Network and the mission of simplifying cross-chain interactions and boosting interoperability. Their formation of the Chain Abstraction Coalition, including major blockchains like Arbitrum, Avalanche, and BNB Chain, marks an ambitious and significant milestone in unifying the Web3 landscape. This coalition addresses critical challenges by streamlining user experience across chains, reducing complexity for developers, and accelerating mainstream adoption. This progress aligns with our vision of onboarding the first billion Web3 users, reshaping the blockchain landscape for investors, developers, and enthusiasts alike. By simplifying how different blockchains interact, we are paving the way for a more robust and accessible decentralized ecosystem. Read more 👉 https://lnkd.in/gSDmMnrc #Web3 #Blockchain #Interoperability #Decentralization #ChainAbstraction

In a strategic move, Coinbase and Stripe are partnering to push the adoption of USDC, aiming to revolutionize cross-border payments. By leveraging USDC, they intend to simplify and speed up international transactions, making them more accessible and cost-effective for businesses and individuals alike. The partnership between Coinbase and Stripe exemplifies the kind of transformative innovation we champion. It's a forward-thinking approach that aligns with our commitment to financial inclusion and the mass adoption adoption of blockchain technology. We see this initiative as a significant milestone towards closing the gap between TradFi and Web3 - enabling a more interconnected and inclusive financial landscape. #Fintech #Blockchain #USDC #Crypto #Coinbase #Stripe https://lnkd.in/g-UHtaVn

Fox Corporation has introduced "Verify," a blockchain tool developed with our portco Polygon Labs to ensure the authenticity of digital media. This tool helps combat deepfake content and unauthorized use of media for AI training by registering content on the blockchain, creating a transparent and immutable record of provenance and ownership. Verify empowers publishers by granting them control over their digital assets, enabling them to set precise usage conditions through smart contracts. This innovative approach not only protects intellectual property but also unlocks new revenue streams. By leveraging blockchain's transparency and security, Verify sets a new standard for trust and integrity in digital media, ensuring that content authenticity is preserved in an increasingly AI-driven world. Read more 👉 https://lnkd.in/eeg5yfhu

Eid Mubarak to all! As we celebrate this special occasion, let's embrace the spirit of unity and generosity that Eid brings. Wishing you joy, peace, and prosperity 🌙

#ABS2024⿻ Speaker Announcement 📢 Nenter Chow is the Portfolio Strategist for Animoca Ventures. He is responsible for both early-stage Web3 venture investments and portfolio strategy. Notable Web3 venture investments include Monad, Berachain, and TON, among many others. Catch him speak at ABS2024⿻  

Our portfolio company, The Sandbox, has reached a major milestone! The Sandbox has successfully raised $20 million at a $1 billion market valuation, marking it as our latest portco to reach unicorn status. This strategic funding, led by Animoca Brands and Kingsway Capital, will fuel The Sandbox's mission to take the decentralized virtual world to the next level, where culture and gaming collide in unprecedented ways. The Sandbox is a true trailblazer, boasting: 🔒 5.7m+ user accounts connected to crypto wallets 🌍 1,000+ live user-generated experiences 🤝 400+ global brand partnerships, from Lionsgate to Snoop Dogg 🛠️ 330,000+ unique creators using its no-code Game Maker 👥 60,000+ avatar NFTs sold and used in-world At Animoca Ventures, we champion true ownership, equity, and economic freedom through decentralization, driving ecosystem growth. The Sandbox embodies these principles, making this milestone even more significant. Read the full article on their successful raise and future plans 👉 https://lnkd.in/ewQuHqDe

Empowering fans with true digital asset ownership through crypto-enabled experiences, Gresini Racing has partnered with MotoGP Guru and Animoca Brands’ SPORTPASS to launch a groundbreaking fan-powered sponsorship program. Fans can now purchase personal team sponsorship packages, starting at €125, which include VIP experiences, name placements, and exclusive events. This initiative aims to decentralize ownership and make sponsorship accessible to a broader audience, enhancing fan involvement in the MotoGP™ experience. Read more 👉 https://lnkd.in/ez7uatBp

Our strategic investment in ARPA Network underscores the transformative potential of their cryptographic innovations in blockchain security and privacy. ARPA's solutions are poised to enhance the security of wallets, cross-chain bridges, and decentralized custody solutions. These innovations will be crucial for key industries where data confidentiality is vital. We're particularly impressed with ARPA's integration of AI and blockchain. Their privacy-preserving biometric technologies and Randcast verifiable random number generator are already setting new standards across major ecosystems like Ethereum. At Animoca Ventures, we invest in projects that empower users with privacy, security, and true digital ownership. ARPA’s focus on cryptographic methods and decentralized computation aligns perfectly with our mission. We're excited to collaborate with ARPA as they push the boundaries of innovation and set new standards for privacy and security in Web3.

Our portco LayerZero Labs is expanding to the Solana blockchain. This game-changing integration lets crypto holders on Solana transfer assets to over 70 other chains, including Arbitrum, Ethereum, and Polygon. In Q1 2024 alone, LayerZero facilitated an impressive $6.7 billion in transfers, generating $11.5 million in revenue. Following a major funding round in April, LayerZero Labs is valued at $3 billion and is set to issue its own token soon. Solana, with its native token $SOL as the fifth-largest cryptocurrency, now boasts even greater connectivity to the Ethereum ecosystem. Read More 👉 https://lnkd.in/g8FZZeGY #Blockchain #Crypto #Innovation #AnimocaVentures #LayerZero #Solana #Interoperability

The iconic "Captain Tsubasa" has launched on the Oasys blockchain as "Captain Tsubasa -RIVALS-." Developed by 株式会社Mint Town and BLOCKSMITH&Co., this game lets players collect NFTs and engage in dynamic gameplay. With gaming blockchain Oasys' strong ties to Animoca Brands, this launch underscores the potential of blockchain in bridging Web2 and Web3 to decentralise and transform interactive entertainment. Read about the news here 👉 https://lnkd.in/gvSfJrHE Check out the game here 👉 https://lnkd.in/gKhkQETe #Blockchain #Gaming #CaptainTsubasa #Oasys #AnimocaBrands #NFTs #Web3