Animoca Brands has announced the launch of an investment fund dedicated to Web3 in partnership with Ibex Japan, aimed at integrating Japanese anime and manga intellectual property onto the blockchain.
Goals of the New Investment Fund
The fund will focus on licensing and developing underutilized Japanese IP. Kewan Peymani and Sandeep Casi are appointed as partners of the fund, planning to announce initial targets in the coming months.
Potential of Japanese IP and Web3 Technology
Sandeep Casi from Ibex Japan noted that '90% to 99% of Japan's IP is lying dormant on the shelves and has great value.' The fund will develop not only gaming projects but also applications in fintech and healthcare.
International Expansion and Plans
According to Yat Siu, co-founder of Animoca, this partnership will enable the expansion of Japanese IP's presence globally. He also mentioned the resurgence of interest in NFTs and the growth of digital assets, making this an optimal time to launch the fund.
The launch of the new investment fund by Animoca Brands and Ibex Japan demonstrates a growing interest in the integration of Japanese animation culture with Web3 technologies. These steps could significantly change the landscape for both Japanese creators and global markets.
