On the 12th of July Animoca Brands Announced....'AB1 and HTC will explore opportunities for business collaboration including Product Development,Joint Collaboration in areas including Gaming,Blockchain,AI' etc....They Signed an MOU....No more Detail was Given.
Is it possible that HTC will fund projects for AB1 to develop Games and App's for their New Phone?
HTC are already a Strategic Partner,but the relationship wasn't clearly defined in the previous Ann....Other Game/App Companie's of Late have had Investments made in them by Phone Companies i.e.Razer in ESH.
Thought it strange at the time that the July 12th Ann was 'Light On' for Detail,maybe it's taken some time to 'Nut Out' a deal?
AB1 Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held