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

Trump's Stock Market Celebration Turns Sour

President Trump's celebration of Wall Street's highs quickly turned negative as the SP 500 plunged, prompting discussions of emergency trading halts.

user avatarMaria Gutierrez

Market Faces Emergency Trading Thresholds Amid Selloff

The US stock market approached emergency trading thresholds as the SP 500 faced significant declines, raising concerns among traders.

user avatarDavid Robinson

Thailand's SEC Takes Action Against Bitget for Unlicensed Operations

Thailand's SEC has filed a criminal complaint against BG Limited for allegedly operating the cryptocurrency exchange Bitget without a license.

user avatarAndrew Smith

VanEck Sees Buying Opportunity in Bitcoin Mining Stocks After Market Correction

VanEck sees a buying opportunity in Bitcoin mining stocks after a market correction, citing limited electricity capacity and delays in grid connections as potential advantages.

user avatarZainab Kamara

Bitcoin Mining Stocks Plummet Amid AI Infrastructure Concerns

Bitcoin mining companies that expanded into AI infrastructure saw an average stock price decline of 35% in October 2023 due to market fears about rising borrowing costs and economic uncertainties.

user avatarJacob Williams

Proposed Loss Carryforward Mechanism for Cryptocurrency Investments

South Korean government officials proposed a three-year loss carryforward mechanism for cryptocurrency investments to create a balanced taxation approach.

user avatarTando Nkube

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.