Hong Kong-based gaming company Animoca Brands and Web3 entertainment and intellectual property (IP) firm Imaginary Ones announced a strategic partnership on Monday to elevate the Web3 entertainment ecosystem.
In a joint statement, the collaboration between the two companies aims to leverage Animoca Brands’ expertise and resources to assist Imaginary Ones in refining its token economics, devising an innovative airdrop campaign, and providing guidance on its market strategy.
This partnership follows Animoca Brands’ earlier investment in Imaginary Ones, underscoring the shared vision and commitment to advancing blockchain-based entertainment ventures.
Evolution of Imaginary Ones
Initially established as an IP company, Imaginary Ones has evolved into a dynamic ecosystem embracing non-fungible tokens (NFTs), games, merchandise, toys, user-generated content (UGC), and strategic partnerships. Collaborations with industry giants like Samsung and Hugo Boss highlight its pioneering efforts in mainstream industries’ blockchain adoption.
Immersive Gameplay Experiences
Imaginary Ones focuses on delivering immersive gameplay experiences to users, aiming to dismantle barriers and invite exploration of blockchain’s potential in entertainment. Their game development endeavors, including titles like Bubble Rider and Bubble Rangers, serve as accessible entry points, making blockchain technology engaging to a broader audience.
Strategic Roadmap
Clement Chia, co-founder of Imaginary Ones, outlined their Web3 entertainment roadmap, emphasizing the integration of gaming, merchandise, and content within the Imaginary World. He expressed gratitude for Animoca Brands’ support, foreseeing accelerated progress in utility, coins, and development, ultimately bridging the gap between Web2 and Web3 worlds.
Optimizing Market Capabilities
Yat Siu, Co-founder and Executive Chairman of Animoca Brands, expressed excitement about partnering with Imaginary Ones to optimize its market capabilities. He commended Imaginary Ones’ visionary approach in fostering collaborations with industry leaders, underscoring the potential to bridge Web2 and Web3 industries.
Imaginary Ones’ Achievements
Imaginary Ones, founded by Clement Chia, David Lee, Gregory Poon, and Jerome Kwek, has achieved notable milestones, including the launch of global NFT projects and substantial sales volume on platforms like OpenSea, amounting to over 17,000 Ethereum ($37 million).
Animoca Brands’ Web3 Initiatives
Animoca Brands, renowned for its pioneering role in Web3, develops and publishes a diverse portfolio of products, including original games and intellectual properties such as The Sandbox, The Walking Dead, and Power Rangers. The company boasts an extensive network of subsidiaries and investments, actively contributing to the growth of the Web3 ecosystem.
In conclusion, the partnership between Animoca Brands and Imaginary Ones signifies a collaborative effort to redefine the boundaries of immersive entertainment in the Web3 era. With their combined expertise and innovative approaches, they are poised to shape the future of blockchain-based entertainment experiences.