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Animoca Brands has partnered with Futureverse, an AI infrastructure developer, to enhance its web3 gaming ecosystem and foster interoperability with Mocaverse. This strategic move integrates Futureverse’s advanced technology stack into Animoca’s portfolio, promising to elevate the gaming experience with cutting-edge AI and metaverse tools.
Animoca Brands has cemented its collaboration with Futureverse through a Memorandum of Understanding (MoU). This agreement outlines the integration of Futureverse’s flagship platform, The Readyverse, into Animoca’s Mocaverse network. The Readyverse platform is designed to enhance interoperability, allowing seamless integration of NFTs and game assets across various platforms.
The partnership also aims to support the growth of Futureverse’s token ecosystem, including ROOT, ASTO, and SYLO tokens. These tokens are central to Futureverse’s AI and metaverse infrastructure and will play a significant role in enhancing user experiences within Animoca’s gaming ecosystem.
Futureverse brings a suite of AI and metaverse tools that merge the accessibility of web2 with the power of web3. Key components of the Futureverse platform include Pass, a digital passport that enables users to manage their identity, data, collectibles, value, permissions, and status across various experiences effortlessly. DOT (Dynamic Object Transfer), a groundbreaking tool allowing brands, developers, and agencies to create high-quality, interoperable digital collectibles or game assets. The Swappables and Wearables Engine is designed for developers building apps, games, and digital experiences, allowing the composition and decomposition of collectibles.
Additionally, Futureverse is innovating with generative AI assets through DOC (Dynamic Object Creator), which enables text-to-3D creation, and JEN, a high-fidelity text-to-music platform.
Aaron McDonald, co-founder of Futureverse, expressed his excitement about the partnership, highlighting Animoca Brands’ leadership in web3 game publishing. He emphasized Futureverse’s commitment to bringing advanced AI and web3 gaming technologies to enhance Animoca’s portfolio. “Animoca Brands is the clear market leader in Web3 game publishing. We are excited to deepen our strategic ties with Animoca and bring our world-leading AI, Web3 gaming technology, and A-list IP to supercharge its portfolio.”
Yat Siu, executive chairman and co-founder of Animoca Brands, echoed these sentiments, noting the potential of Futureverse’s L1 blockchain, The Root Network, to accelerate ecosystem growth. The integration of Futureverse’s AI-driven tools is expected to create innovative gaming experiences and expand Animoca Brands’ offerings. “We are excited to partner with Futureverse, whose innovative AI and metaverse technologies are set to transform the digital landscape. This strategic partnership and mutual investment will allow us to leverage Futureverse’s advanced technology stack to significantly enhance our portfolio of over 400 Web3 investments.”
Futureverse’s recent venture, Readyverse Studios, has also made headlines by collaborating with Warner Bros. Discovery to bring the Ready Player One franchise into the metaverse. This collaboration highlights Futureverse’s ability to effectively blend web2 and web3 technologies, offering new possibilities for interactive entertainment.
As the companies prepare for deeper integration, an equity swap valued at $5 million underscores their commitment to mutual growth and innovation. This partnership between Animoca Brands and Futureverse represents a significant step towards enhancing the synergy between AI-driven technologies and blockchain gaming, promising exciting developments for gamers and stakeholders alike.
The collaboration between Animoca Brands and Futureverse marks a pivotal moment in the web3 gaming industry. By leveraging advanced AI and metaverse technologies, this partnership aims to create a more interconnected and immersive gaming experience. As both companies continue to innovate and integrate their technologies, the future looks bright for the web3 gaming ecosystem, promising groundbreaking advancements and unparalleled gaming experiences.
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