#Animoca
Crypto

Animoca disconfirm reporting $200 million cut to metaverse fund

The web3 game developer Animoca, has denied recent reports that it has scaled back its metaverse fund target and experienced a significant drop in its valuation. The venture capital firm denied claims that it had reduced its metaverse fund target by $200 million, or 20%, to $800 million amid volatility in the crypto market and instability

Read More
Crypto

NFT Investor Animoca Reduces target for Metaverse Fund to $800M

Animoca Brands, a Non-fungible token (NFT) and gaming investor based in Hong Kong that specializes in blockchain technology, has scaled back its target for its “metaverse fund” by 20% to $800 million due to recent volatility in the cryptocurrency industry. This represents another reduction in the company’s ambitions. The company had initially announced that it was working on

Read More