Animoca Brands Secures $20M Funding to Drive Ambitious Mocaverse Metaverse Project – NFT’s Making a Comeback?

The recent news of Animoca Brands securing a $20M Series B funding round is a tremendous step forward in the development and implementation of its ambitious Mocaverse Metaverse project. Using a combination of NFTs, 3D worlds and non-fungible tokens to create a digital space that allows users to conduct digital transactions, explore virtual worlds and competently participate in NFT auctions, the Mocaverse marks an ambitious effort to create a digital space within the Animoca platform.

The project aims to provide users with a safe, secure and easy way to transact assets and services within digital spaces. The project will also serve as a gateway for people to investigate Non-Fungible Tokens (NFTs) further and understand the concept better before investing in them or utilizing them.

The NFTs are also making a comeback as the Animoca Brands team has seen a surge of interest in the space. The proliferation of NFT platforms and blockchain technologies have really opened the doors of financial inclusion to those who may not have access to traditional finance or market means. NFTs as a concept offer digital scarcity and control of ownership for digital assets and are seeing strong interest from institutions, collectors, and investors alike.

Overall, the funding has put Animoca Brands in a very strong position for the development and implementation of its Mocaverse Metaverse project. The company now has the resources and expertise to make a lasting impact in the NFT space and drive progress of the metaverse.