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**Animoca Brands Raises $20M for Metaverse Project Mocaverse**
**#AnimocaBrands #MocAverse #MetaVerse #Nft #BlockChain**
**Leading blockchain gaming company Animoca Brands has raised $20 million in a funding round led by Liberty City Ventures. The round also saw participation from other investors including Galaxy Interactive, 10T Holdings, and Kingsway Capital.**
The funds will be used to develop Mocaverse, a new metaverse project that Animoca Brands says will be "the first truly decentralized open-world metaverse built on the blockchain." Mocaverse will allow users to create, own, and trade digital assets in a virtual world that is free from censorship.
Animoca Brands has been a major player in the blockchain gaming space for several years. The company has invested in over 150 blockchain gaming projects, and it has also developed its own blockchain gaming platform, called The Sandbox.
The company's latest funding round comes at a time when the metaverse is rapidly gaining popularity. Facebook recently rebranded to Meta, and other major tech companies such as Microsoft and Google are also investing heavily in metaverse projects.
Animoca Brands believes that the metaverse has the potential to be a major new platform for social interaction and commerce. The company says that Mocaverse will be a "fully immersive and interactive" metaverse that will allow users to "create, own, and trade digital assets" in a way that is not possible in the real world.
The company is also planning to launch a decentralized autonomous organization (DAO) to govern Mocaverse. The DAO will be responsible for making decisions about the development of the metaverse, and it will be controlled by the users of Mocaverse.
Animoca Brands' $20 million funding round is a major vote of confidence in the metaverse. The company's plans for Mocaverse are ambitious, but they could potentially make a significant impact on the future of the metaverse.
**References:**
* [Animoca Brands Raises $20M for Metaverse Project Mocaverse](https://www.coindesk.com/business/2022/02/22/animoca-brands-raises-20m-for-metaverse-project-mocaverse/)
* [Animoca Brands](https://www.animocabrands.com/)
* [The Sandbox](https://www.sandbox.game/en/)
* [Meta](https://www.meta.com/)
* [Microsoft](https://www.microsoft.com/en-us/microsoft-365/metaverse)
* [Google](https://www.google.com/metaverse/)
**#AnimocaBrands #MocAverse #MetaVerse #Nft #BlockChain**
**Leading blockchain gaming company Animoca Brands has raised $20 million in a funding round led by Liberty City Ventures. The round also saw participation from other investors including Galaxy Interactive, 10T Holdings, and Kingsway Capital.**
The funds will be used to develop Mocaverse, a new metaverse project that Animoca Brands says will be "the first truly decentralized open-world metaverse built on the blockchain." Mocaverse will allow users to create, own, and trade digital assets in a virtual world that is free from censorship.
Animoca Brands has been a major player in the blockchain gaming space for several years. The company has invested in over 150 blockchain gaming projects, and it has also developed its own blockchain gaming platform, called The Sandbox.
The company's latest funding round comes at a time when the metaverse is rapidly gaining popularity. Facebook recently rebranded to Meta, and other major tech companies such as Microsoft and Google are also investing heavily in metaverse projects.
Animoca Brands believes that the metaverse has the potential to be a major new platform for social interaction and commerce. The company says that Mocaverse will be a "fully immersive and interactive" metaverse that will allow users to "create, own, and trade digital assets" in a way that is not possible in the real world.
The company is also planning to launch a decentralized autonomous organization (DAO) to govern Mocaverse. The DAO will be responsible for making decisions about the development of the metaverse, and it will be controlled by the users of Mocaverse.
Animoca Brands' $20 million funding round is a major vote of confidence in the metaverse. The company's plans for Mocaverse are ambitious, but they could potentially make a significant impact on the future of the metaverse.
**References:**
* [Animoca Brands Raises $20M for Metaverse Project Mocaverse](https://www.coindesk.com/business/2022/02/22/animoca-brands-raises-20m-for-metaverse-project-mocaverse/)
* [Animoca Brands](https://www.animocabrands.com/)
* [The Sandbox](https://www.sandbox.game/en/)
* [Meta](https://www.meta.com/)
* [Microsoft](https://www.microsoft.com/en-us/microsoft-365/metaverse)
* [Google](https://www.google.com/metaverse/)
