Animoca Brands and EVG Form Strategic Alliance

Animoca Brands and EVG Form Strategic Alliance

Animoca Brands is strengthening its partnerhsip with Everest Ventures Group via cross-investments. 

The Deets

  • Cross-Investment: Animoca Brands and EVG will invest in each other’s projects to strengthen the Web3 ecosystem.
  • Focus Areas: Animoca Brands backs EVG consumer products, while EVG supports Animoca Brands’ digital property rights initiatives.
  • Highlighted Projects: Animoca Brands supports EVG’s OpenSocial Protocol, Zeek, Legend of Arcadia, and Last Odyssey.
  • Animoca’s Mission: EVG invests in Animoca’s Darewise, Anichess, and Mocaverse projects.

The Bulk

Animoca Brands announced a strategic partnership with Everest Ventures Group (EVG), Asia’s foremost web3 venture builder. This partnership involves mutual investments in each other’s projects, aimed at fostering collaboration and driving innovation in the web3 space.

As part of this partnership, Animoca Brands will support several of EVG’s consumer products set to launch in 2024. These include the OpenSocial Protocol, a scalable infrastructure layer for social applications; Zeek, a decentralized collaboration network; Legend of Arcadia, a community-focused RPG; and Last Odyssey, a kingdom simulation game.

In return, EVG will invest in multiple Animoca Brands projects like Darewise, a Web3 studio focusing on the Bitcoin metaverse; Anichess, an on-chain chess game with a magic system; and Mocaverse, an interoperable infrastructure network.

🎤 Founder Feedback

We're thrilled to further elevate our partnership and support EVG’s various projects, which we believe have a high potential for mass adoptionYat Siu, CEO Animoca Brands

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