Animoca Brands partners with Futureverse to integrate AI and metaverse tools, boosting its web3 gaming ecosystem and fostering interoperability with Mocaverse.
Eliza Crichton-Stuart
Head of Operations
In a strategic move aimed at advancing its position in the web3 gaming space, Animoca Brands has announced a significant partnership with Futureverse, a leading AI infrastructure developer. This collaboration will see Futureverse’s advanced technology stack integrated into Animoca Brands’ expansive web3 gaming ecosystem.
Futureverse Cover Banner
The partnership solidified through a Memorandum of Understanding (MoU), which outlines plans for integrating Futureverse’s capabilities, including its flagship platform The Readyverse. This platform is designed to enhance interoperability within Animoca’s Mocaverse network, facilitating seamless integration of NFTs and game assets across different platforms.
Moreover, the collaboration aims to bolster the growth of Futureverse’s token ecosystem, which includes ROOT, ASTO, and SYLO tokens. These tokens, integral to Futureverse’s AI and metaverse infrastructure, will play a crucial role in enhancing user experiences and expanding the functionalities available within Animoca Brands’ games.
Futureverse Platform and Comprehensive Technology
At the core of the Futureverse Platform is a suite of AI and metaverse tools that seamlessly blend the ease of accessibility of web2 with the power and interoperability of web3. This suite of tools includes:
DOT (Dynamic Object Transfer)
Additionally, Futureverse is trailblazing generative AI assets with 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 enthusiasm 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 elevate Animoca’s portfolio, which includes a range of popular blockchain-based games.
“Animoca Brands is the clear market leader in Web3 game publishing and its expertise and reach in growing this ecosystem is unparalleled. We are excited to deepen our strategic ties with and bring our world-leading AI, Web3 gaming technology, and A-list IP to help supercharge its portfolio."
Animoca Brands x Futureverse
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. This strategic integration aims to leverage Futureverse’s AI-driven tools to create innovative gaming experiences and expand the reach of 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. With Futureverse's sophisticated L1 blockchain, The Root Network, and its suite of AI-driven tools, we see significant potential to accelerate the growth of our ecosystem.”
Revolutionary AI
Futureverse’s recent venture, Readyverse Studios, has also made waves by collaborating with Warner Bros. Discovery to introduce the Ready Player One franchise into the metaverse. This collaboration underscores Futureverse’s capability to blend web2 and web3 technologies effectively, offering new possibilities for interactive entertainment.
As both companies prepare for deeper integration, the equity swap valued at $5 million solidifies their commitment to mutual growth and innovation in the evolving landscape of web3 gaming and metaverse technologies. The partnership between Animoca Brands and Futureverse marks a significant step towards enhancing the synergy between AI-driven technologies and blockchain gaming, promising exciting developments for gamers and stakeholders alike in the near future.
updated:
June 28th 2024
posted:
June 27th 2024