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Animoca Brands raises $10M for open metaverse platform Mocaverse


Animoca Brands has raised an additional $10 millino for Mocaverse, a platform for building an open metaverse.

The raise announced today features participation from esteemed and strategically important investors, and we are honored by this level of support as we work to advance digital property rights, interoperability, and the evolution of the Internet into more equitable decentralized systems.” Kenneth Shek, project lead for Mocaverse, said in a statement, “Our mission is to get crypto in the hands of hundreds of millions of users, which requires onboarding the fan bases that appeal to individuals on a deeply personal level. In addition, Mocaverse entered a strategic partnership with TON Foundation to onboard and cross-pollinate up to more than 900 million active users on Telegram Messenger through key cultural verticals such as social casual gaming, sports, IP experiences, and more.

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