I have been tracking these companies and try to invest when they have a token event! I was thinking about all the Animoca investments that help to stimulate and encourage the growth of the overall ecosystem surround gaming and blockchain technology …
The investment is 2 fold in my opinion:
1. It fast tracks the developing companies
2. If the Company does indeed make it to the public markets, then all the acquisitions and their resulting revenue or technological assets will enhance the valuation of Animoca
Whatever the public multiple ends up being for the company, all these additions will be added to the valuation given.
Mr Siu and his cohorts are very clever
AB1 Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held