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Animoca Brands leads seed funding for micro income streaming platform Amasa
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Animoca Brands leads seed funding for micro income streaming platform Amasa
The Amasa platform allows people around the world to capture the value creation potential of blockchain based micro income streams. Amasa is working to drive greater adoption of Web 3.0 networks, platforms and communities.
Animoca Brands has led a seed round of funding of the micro income streaming platform Amasa.
Amasa enables users to easily aggregate, track, and invest earnings made through interacting with digital worlds, generating additional yields for users digital assets.
The platform also allows users to aggregate and reinvest income earned from other activities including data sharing, microtasking, web browsing, predictions markets and other evolving use cases.
NFT Game Developer Animoca Brands Raises $89M, It Pushes Company’s Valuation to $1B
May 14 2021 · 08:21 UTC | Updated
May 14 2021 · 11:31 by Ibukun Ogundare · 3 min read
Photo: Animoca Brands
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Speaking on plans for the raised funds, Animoca said that they would go into product development.
NFT game developer Animoca Brands Corporation recently secured nearly $89 million in a capital raise, pushing the company’s valuation to $1 billion. Specifically, the game developer generated $88,888,888 in the recently completed capital raise. Animoca Brands announced the success of the capital raise on the 14th of May.
Animoca Brands Names Participants of This Funding Round that Raises Its Valuation
Animoca Brands raises US$88,888,888 based on valuation of US$1 billion
HONG KONG, May 13, 2021 /PRNewswire/
Animoca Brands, the company that is delivering digital property rights to gamers via NFTs, today announced that it has completed a capital raise of US$88,888,888 (approximately A$113,500,000) at a price per share of A$1.10 based on a valuation of US$1 billion (approximately A$1.28 billion).
Investors in the round included Kingsway Capital, RIT Capital Partners (formerly Rothschild Investment Trust), HashKey Fintech Investment Fund, AppWorks Fund, LCV Fund, Huobi, Octava, Ellerston Capital, Perennial, Axia Infinity Ventures, SNZ, Liberty City Ventures, Metapurse, and other prominent investors.
The funding is a strategic milestone that positions Animoca Brands for further aggressive growth as it continues to bring digital property rights to video gamers through the use of blockchain and non-fungible tokens (NFTs), enabling powerful benefits such as play-to-earn capabilitie