Hong Kong-based Web3 company Animoca Brands has invested in United Arab Emirates gaming startup Farcana.
According to the statement made by Animoca Brands, a large part of the investment He plans to release his game at the beginning of next year. And issue a token It will be used for the development of the prepared Farcana.
Farcana, a third-person shooter game With Bitcoin reward pools It organizes supported tournaments and aims to be one of the first Web3 games that can generate Bitcoin ordinals for free.
Ordinals imprinted in Satoshis are assets similar to qualified intellectual property titles (NFTs) on the Bitcoin blockchain.
Yat Siu, one of the founders of Animoca Brands, From the second quarter of 2023 He said that they are pleased with the development of Farcana, with whom they have been working together for a long time, so far.
Details of the investment agreement between Animoca Brands and Farcana were not provided.