SOMO has confirmed that it is now part of Animoca Brands. The acquisition brings SOMO under one of the most well known companies in blockchain gaming and digital entertainment. The move has quickly drawn attention across the web3 gaming space as many look to see how the project will move forward under new ownership.
About SOMO
SOMO is a crypto native gaming and collectibles project created for an online focused audience. The brand mixes web3 gaming, digital collectibles, and entertainment content. Its long term plan has always been bigger than a single game, aiming to build a shared universe that could expand into animation, toys, and other media. While SOMO has released early game experiences and demos, much of its effort so far has gone into branding, visuals, and community engagement rather than full game launches.
Animoca Brands Confirms the Acquisition
The acquisition was announced directly by SOMO and later confirmed by Animoca Brands. The company described the deal as a major step toward expanding the SOMO ecosystem and bringing the brand to a global audience. Animoca Brands is known for investing in and growing blockchain based games and digital intellectual property, which places SOMO in a much stronger position than before.
With Animoca Brands now involved, SOMO gains access to more resources, industry experience, and connections that could help turn its ideas into finished products. This marks the first time SOMO has been backed by a major web3 gaming publisher.
A Look Back at SOMO’s Development
SOMO was founded in 2023 and quickly gained attention through its early NFT release, the Monolith collection. The collection launched during a strong period for NFTs and attracted heavy interest. In April 2024, SOMO held a public token sale that raised around 20 million dollars, with demand far exceeding the available supply.
Following the token sale, SOMO introduced its first playable experience called SOMO Battleground. Over the following months, the project focused on trailers, animated content, and concept reveals. Additional projects such as SOMO Duel, an in person experience, and later the SOMO Codex card based concept were introduced. The team also explored smaller viral style games through Telegram. Despite this activity, many in the community noted that full game development progress remained limited.
Current Outlook
The acquisition has led to renewed discussion around SOMO’s future, especially regarding its token. Many supporters have waited for clarity on when the token will fully launch and how earlier commitments will be handled. The involvement of Animoca Brands has created cautious optimism, as the company has a history of supporting long term projects rather than short term trends.
At the same time, some observers remain unsure what Animoca Brands sees as the main value of the deal. The possibilities range from SOMO’s remaining funds to the potential of building a scalable digital brand with a younger online audience.
Final Thoughts
SOMO becoming part of Animoca Brands is a notable moment for both companies. For SOMO, it offers a chance to rebuild trust and deliver on its original vision with stronger support. For Animoca Brands, it represents a bet on a brand driven approach to web3 gaming and digital collectibles. The coming months will be important in showing whether this acquisition leads to real progress or remains another turning point without clear results.
Frequently Asked Questions (FAQs)
What happened to SOMO?
SOMO has been acquired by Animoca Brands, meaning the project is now owned and supported by one of the largest companies in blockchain gaming and digital entertainment.
Who is Animoca Brands?
Animoca Brands is a global company focused on web3 gaming, digital collectibles, and intellectual property. It has invested in and developed many well known blockchain based projects.
Does this mean SOMO games will be released soon?
There has been no confirmed release timeline yet. The acquisition may help speed up development, but official dates have not been announced.
What happens to the SOMO token?
The status of the SOMO token has not been fully clarified. The acquisition has renewed discussion around it, but no official launch details have been shared.
Will SOMO change its direction under Animoca Brands?
It is possible. With new ownership, SOMO may adjust its strategy, focus, or development priorities, though the core brand is expected to remain.
Is this good news for SOMO holders and supporters?
The acquisition brings more resources and experience to the project, which many see as a positive step. However, future outcomes will depend on how the plans are executed.
