The Sandbox implements KYC measures for protocol staking
Unverified users can still withdraw staked SAND but will be unable to make further deposits.
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NFT-styled debit cards the future of Web3 — Animoca founder on $30M hi investment
Animoca Brands partners with hi, a Web3 neobanking app that features cryptocurrency exchange services, conventional digital banking and customized NFT-styled debit cards.
U.S. crypto regulatory uncertainty could be Hong Kong’s gain – Yat Siu
Animoca Brands founder Yat Siu believes Hong Kong’s efforts to foster the Web3 ecosystem is in stark contrast to regulatory uncertainty hampering development in the United States.
Cryptoys Unveils Star Wars Digital Toys in New Line of Collectibles
The crypto platform Cryptoys, backed by Andreessen Horowitz, has announced the launch of Star Wars collectible digital toys featuring iconic characters Darth Vader, Luke Skywalker, and Princess Leia. Cryptoys stated…
Animoca denies reports of $200M cut to Metaverse fund and valuation drop to $2B
Speaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly who or what the sources/agenda is.”
Casual gamers a ‘critical’ audience for blockchain games: GameFi execs
Many casual gamers are still reluctant to play games that use blockchain tech, but gaming execs believe one good game could change that.
Web3 Company Animoca Brands Lowers Fundraising Goal to $1 Billion in Q1 2023
Animoca Brands, a Web3 gaming-focused company, has announced it is now targeting a raise of $1 billion for a fund directed to inject help for already established blockchain projects. The…
Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects
Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on…
Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX
According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans…
Open Metaverse Alliance OMA3 Launches to Develop Standards for an Interoperable Digital World
The Open Metaverse Alliance, OMA3, was launched by a group of Web3 dedicated companies in order to create standards for an interconnected metaverse. The organization, formed by companies such as…