Animoca Manufacturers and Everest Ventures Group (EVG) have strengthened their ties with a strategic deal entailing cross-investments into one another’s initiatives.
Each corporations see a selected potential in rising blockchain economies in key Asian markets to drive real-world use circumstances. With the joint mission to make web3 video games and experiences extra accessible to finish customers, Animoca will help quite a few forthcoming EVG initiatives together with infrastructure layer OpenSocial Protocol, social bounty and repute community Zeek, turn-based RPG Legend of Aracdia, and 5X struggle battle simulator Final Odessey.
By way of EVG, it’s investing in numerous Animoca initiatives corresponding to Bitcoin metaverse studio Darewise, onchain chess recreation Anichess, and membership NFT assortment Mocaverse.
EVG co-founding CEO Allen Ng commented, “While others retrench, Animoca Brands and EVG press forward with projects and products to reshape the digital landscape. We believe that in the upcoming market it will be real use cases and products – not speculation – that will emerge to drive long-term adoption.”
Animoca Manufacturers co-founder and chairman Yat Siu added, “EVG is one of our earliest allies and dedicated builders. We’re thrilled to further elevate our partnership and support EVG’s various projects, which we believe have a high potential for mass adoption.”
