Multiversx announced today that Animoca Brands has joined the Multi -Seat ecosystem as a validator and contributor to the ecosystem to take advantage of synergies between animoca brands, its more than 540 portfolio companies and the multi -development blockchain network alongside development tools such as sovereign channels.
Based on a mobile game company in 2014 and pivot on web3 in 2018 when the first tokenization rails were launched today, animoca brands are one of the most prolific investors and active manufacturers in the industry.
Based in Hong Kong, with various offices and subsidiaries worldwide, Animoca Brands was a first Opensea, decentraland and sandbox funds, acquiring the latter in 2018. Its investment portfolio totals more than 540 investments in blockchain -related projects, mainly focusing on games, digital collectibles, open worlds and infrastructures.
Multiversx recently concluded a successful community discussion, a governance vote and an implementation of its phase four of the featured (stimulation V4). With more than 3,300 validators’ nodes and standing as the second largest economy of point of sale, the V4 upgrade in Strike has already improved the Nakamoto coefficient of the network of 50%. With the changes deployed, new validators can join the network and existing ones can develop entirely depending on their amount of EGLD milestone without having to wait for other validator nodes to leave, as was the case in the previous system based on the queue.
Animoca Brands is an example of a validator for which Staking V4 has made more attractive and easier to start offering Multativex to be staggered; His development pool has already reached more than 100,000 EGLDs.
Yat Siu, co-founder and executive president of Animoca Brands, said: “Animoca Brands is delighted to be a validator and contributor to Multiversx. Together, we aim to redefine the landscape of the game industry, to empower users and to accelerate the adoption of web3. By combining the leadership of the animoca brands industry and the horizontally of Multiversex and the sovereign chain infrastructure, we are impatient to advance development in the web3 industry. »»
Beniamin Mincu, CEO of Multiversx Foundation, said: “Multiversx makes important contributions to space. Whether we are talking about the unique mechanism of the 2FA chain or native assets which offer deep in -depth implications, they are essential for the next wave of chain -built public applications. It is great that anima brands join the ecosystem as a validator and exploring these exploits to stimulate the adoption of web3 in games and entertainment. »»
In addition, out -of -competition startups that align with the vision of animoca brands and are incubated on Xlaunchpad – a highly selective web3 accelerator with a 0.5% acceptance rate – will be eligible to request the support of the leader in digital entertainment and gamified experiences.
– END –
About multiversex
Multiversx is a distributed public blockchain based on the fragment. It is executed by more than 3,000 validator nodes on a global scale, can evolve the flow with the same equipment and has a flourishing community of developers working on the front line line of web3 innovation. To find out more, please visit Multiversx.com.
On animoca brands
Animoca Brands (ACN: 122 921 813) is a web3 leader who operates tokenization and blockchain to offer consumers’ digital rights, helping to establish the open metarers and its associated network effects. He has received a wide recognition from industry and market, in particular Deloitte Tech Fast,, Fortune Crypto 40,, Top 50 Blockchain 2025 game companiesand financial times’ Asia-Pacific Strength Growth Companies.
Animoca Brands performs its mission via three integrated commercial pillars: Operational web 3 companies to advance the adoption of blockchain with native projects such as Mocc network,, Anichess,, The sandbox,, Open campusNeom Web3 initiatives, and a regulated stablecoin project in partnership with Standard Chartered and HKT; Provide digital asset consulting services Including Tokenomics advice, liquidity supply and institutional research to help grow external web3 projects; And Digital asset managementWith an investment portfolio in more than 540 companies, including Yuga Labs industry leaders, Axie Infinity, Polygon, Ansensys, Magic Eden, Opensea, Dapper Labs, Ygg and many others.
For more information, visit www.animocabrands.com or follow X,, YouTube,, Instagram,, Liendin,, FacebookAnd Tiktok.
Non-liability clause: The information provided in this press release is not a request for investment, nor investment advice, financial advice or commercial advice. It is strongly recommended to practice reasonable diligence, including consultation with a professional financial advisor, before investing or negotiating cryptocurrency and titles.
