Animoca Brands and KDDI team up to work on Web3 metaverse projects

Animoca Brands and KDDI team up to work on Web3 metaverse projects

user avatar

by Max Nevskyi

3 years ago


Animoca Brands, known for its investments in Web3, including blockchain games and metaverses, has teamed up with the Japanese telecommunications giant KDDI to accelerate the adoption of Web3 through Mocaverse and the αU platform. This collaboration aims to create a seamless experience for users diving into Web3 games, culture, and entertainment. They plan to integrate the decentralized identifier Moca ID with the αU wallet, making it easier to access Web3 content. Joint ventures are also planned between Animoca Brands' intellectual property and Web3 and αU content, including the sale of NFTs related to the game Phantom Galaxies.

Mocaverse, Animoca's first NFT project, has grown into a thriving network, attracting over 750,000 users. Phantom Galaxies, developed by Blowfish Studios, offers a unique gaming experience using blockchain technology. KDDI entered the Web3 space with the launch of αU, a comprehensive service facilitating the transition between real and virtual worlds, including NFT and cryptocurrency management, an NFT marketplace, a metaverse for entertainment and socializing, as well as platforms for musical concerts and virtual shopping. This collaboration promises to strengthen ties between Japan and the global Web3 community, promoting widespread adoption of Web3 and the creation of a society freely utilizing blockchain applications.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Kava Lend Suffers Major Exploit, 55 Million KAVA Tokens Lost

An exploit at Kava Lend has drained approximately 55 million KAVA tokens due to a vulnerability in the DeFi protocol.

user avatarAyman Ben Youssef

Investor Sentiment Plummets as Crypto Fear and Greed Index Hits 10

Investor sentiment has deteriorated, with the Crypto Fear and Greed Index dropping to 10, indicating extreme fear in the market.

user avatarTando Nkube

Other Crypto Funds Experience Significant Withdrawals

Other cryptocurrency ETF categories, including Solana and XRP, recorded significant withdrawals, indicating a broader trend of selling pressure.

user avatarSatoshi Nakamura

MEGA Plans AI Marketplace Launch for December

MEGA is set to launch an AI inference marketplace in December, allowing customers to access services from various AI model providers.

user avatarNguyen Van Long

MEGA Reduces Workforce to Shift Focus to AI Products

MEGA has laid off 20 employees as part of a restructuring to expand into artificial intelligence, moving beyond its blockchain infrastructure.

user avatarKofi Adjeman

Institutional Withdrawals from Crypto ETFs Reach Over $1 Billion

Institutional demand for crypto ETFs has weakened significantly, with US spot Bitcoin ETFs experiencing over $1 billion in withdrawals for the second consecutive week.

user avatarJesper Sørensen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.