Animoca Brands strategically invests in Astar Network, planning to bring Asian entertainment IP to the blockchain Soneium.

Before preparing for the US IPO, Animoca Brands announced a strategic investment to deepen its cooperation with Astar Network, using Sony’s Soneium blockchain, aiming to introduce a large number of Japanese and Asian entertainment IP into the on-chain world and accelerate the popularity of Web3 in Asia. (Synopsis: Animoca Brands will go public in the US, founder Yat Siu: Crypto payment games will explode soon) (Background added: “Pokémon GO” sold!) Scopely, which invested in Polygon and Animoca, threw a $3.5 billion acquisition to accelerate the promotion of GameFi. Animoca Brands announced today (21st) that it will expand its partnership with Web3 infrastructure platform Astar Network, which includes strategic investments of an unknown amount. At the heart of the partnership is the integration of a large number of Japanese and Asian entertainment intellectual property (IP) into the on-chain ecosystem using Sony Group’s Soneium blockchain. This strategic alliance aims to combine Animoca Brands’ extensive Web3 ecosystem resources with Astar Network’s strong presence in Japan and Asia. Sony’s Soneium is an Ethereum Layer-2 blockchain built for gaming, entertainment and financial applications, emphasizing the real-world utility of tokens and providing a solid technical foundation for this IP on-chain. Strategic integration and ecosystem growth A key part of the partnership includes the integration of Moca Network’s Anime ID, an identity system that will serve as the identity and reputation layer on Soneium and is designed to assist Web2 users in a seamless transition to the Web3 world. In addition, the partners will support events such as Anime Art Fest to encourage more creators and IP holders to participate in on-chain experiments. It is reported that the Soneium platform has a number of projects under development, such as Astar’s “Yoki Legacy” and Square Enix’s “Symbiogenesis”, which initially shows the potential of Soneium in the entertainment IP field. According to the announcement, the partnership is expected to accelerate the adoption of Web3 in Asia and unlock new potential for consumer and gaming digital experiences. Related reports Animoca Brands will be listed in the United States, founder Yat Siu: Crypto payment games will soon break out Animoca Brands plans to issue a compliant “Hong Kong dollar stablecoin”, cooperating with Standard Chartered Bank and Hong Kong Telecom Animoca Brands’ new Hong Kong base “as big as 10 tennis courts” to create a dazzling Web3 base 〈Animoca Brands strategic investment Astar Network, It is planned to put Asian entertainment IP on the chain Soneium" This article was first published in BlockTempo’s “Dynamic Trend - The Most Influential Blockchain News Media”.