HomeCrypto GamingAnimoca Brands Japan announces new investment in Virtual Arts

Animoca Brands Japan announces new investment in Virtual Arts

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Animoca Brands Japan has introduced a brand new funding in Virtual Arts to help its ventures into Japan. As well as the partnership may even help Virtual Arts’ new content material for its dance battle app – DanceFight.

Virtual Arts is creating a brand new dwelling for skill-based abilities. Its first expertise is the DanceFight app, the place dancers file their signature dance strikes and compete in one-versus-one battles, tournaments, and leagues with different epic dancers. Beginning in Might, dancers can faucet an “ANIMATE” button in DanceFight to remodel themselves into dancing avatars to compete in bracket-style tournaments with crowd voting and prizes. 

Animoca Brands beforehand invested in Virtual Arts. Along with Animoca Brands and Virtual Arts, Animoca Brands Japan will proceed to work carefully with athletes and artists to create a Web3 world through which they and their portfolio firms may give these creators the popularity and rewards they deserve. 

Kyoya Okazawa, co-founder of Animoca Brands Japan, commented: “We are pleased to have the opportunity to invest in Virtual Arts, a company that has already been supported by our parent company Animoca Brands. We will continue to work with our head office to invest in the Web3 space to foster the growth of companies contributing to the Web3 ecosystem. We believe that we will be able to accelerate Japan’s transition to Web3 by working with our headquarters to identify companies from around the world that have opportunities in Japan. Animoca Brands Japan will continue to do its utmost to contribute to the expansion of the Animoca Brands ecosystem.”

Wealthy Sloan, co-founder and co-CEO of Virtual Arts, commented: “Our mission is to offer a cell video platform for gifted people worldwide and put them within the international highlight. We’ll add new options, remodel dance movies into avatars, and supply content material within the Web3 house.

“The investment from Animoca Brands Japan will help us to bring our platform to the Japanese market and connect with Japanese street dancers, whose talents have been gaining worldwide attention. We will work with Animoca Brands Japan to create a society in which talent is rewarded for their contributions through solutions that Web3 uniquely makes possible.”

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