It has been claimed that Hong Kong-based blockchain game developer Animoca Brands has reduced its web3 and metaverse funding target by 20% to $800 million.
Reuters March 24 on resources familiar with the subject In the news based on his statements, Animoca Brands 1 billion dollar web3 And metaverse fund your goal, in the cryptocurrency market current volatility levels because of 800 million He said he had lowered it to $.
Animoca Brands last year November metaverse fund, announced in 2 billion target dollars to the public had been disclosed. However, in January 1 billion the target, which is known to have been reduced to $ 800 million as dollar to be revised investors by experts. to metaverse investments the one which… of low interest One indicator it happened.
On the other hand, after the funding round led by Singapore-based Temasek last July, worth $6 billion value of Animoca Brands in secondary markets 2 billion dollars allegedly dropped.
Among the projects that Animoca Brands has invested in The Sandbox (SAND), Axie Infinity (AXS), Dapper (DAPP), Flow (FLOW), GreaseMonkeyGames, CryptoGames, Infura, ImmutableX (IMX), Bondly (BOND) And SafePal (SFP) is located.