Hong Kong-based crypto gaming firm Animoca Brands has raised an impressive $31.88 million in funding over two rounds to power the growth of Mocaverse, its highly ambitious metaverse initiative. This includes a recent $11.88 million tranche from investors like Dapper Labs, Polygon Ventures, and Foresight Ventures who are betting on the transformative vision.
Keypoints
- Animoca Brands has raised $31.88 million total for its Mocaverse metaverse project, including a new $11.88 million tranche
- Mocaverse aims to be an “empowerment layer for Web3 culture and entertainment” via digital identities and loyalty points
- The ecosystem will initially include Animoca’s portfolio of 400+ companies, with plans to expand to more Web3 projects
- Mocaverse recently partnered with blockchain game Pixels to integrate rewards and exclusives into its platform
- Over 41,000 Moca IDs have been minted already for access to the metaverse and…
