Animoca Brands ("Animoca") enables a gamer economy by leveraging popular brands (through partnership & IP with the entertainment brands inc Disney, Formula1 & Marvel) with the blockchain economy (with tokens and NFTs).
Animoca has built a synergetic venture portfolio through investments and acquisitions.Animoca Brands operates in the fast-growing mobile games industry creating a pathway for ownership of digital assets.
The gaming market has outpaced the contemporary industries of film and music and is expected to be a USD 300 billion annual industry by 2025. Animoca has proven itself by building an impressive venture portfolio, securing many high profiles global brands and developing a venture portfolio Growth of more than 3x in revenue from 2019 to 2020 ie from USD 13.7M in 2019 to USD 46.7M in 2020, and a forecast of USD 167M in 2021. The company has also attained profitability in 2020, with the profit standing at USD 7.7 Million and EBITDA at USD 9.5 Million.Animoca is one of the pioneers in the Blockchain Gaming industry.
The company has been ranked #5 out of the top 50 Blockchain gaming companies by Blockchaingamer.biz.The SANDBOX, developed and published by the Animoca’s subsidiary Pixowl, is ranked #13 in the Top 50 list and is one of the most anticipated games in 2021. The total fully diluted market cap of SAND Token, the de-facto token used in THE SANDBOX ecosystem to purchase lands and other digital assets has crossed the Billion mark and is now at USD 2 Billion as of 9th April, 2021, from USD 153 Million in August, 2020 . The SANDBOX has already generated USD 2.8 Million through the pre-sale of lands in 2020. The value of the land is currently at USD 37 Million in March 2021, having increased from USD 25 Million in December 2020.The total fully diluted market cap of REVV, the token used in MOTOGP, is now at USD 1.2 Billion, as on 9th April, 2021 from USD 52 Million in September, 2020. Demonstrated its capability of forging strategic partnerships Partnership with Binance, the world's largest Crypto exchange - securing a massive distribution channel for their new tokens.
Brought onboard high-profile brands such as SMURFS, NBA, MAJOR LEAGUE BASEBALL, FORMULA 1, GARFIELD, MOTOGP, TOY STORY, MANCHESTER CITY FOOTBALL CLUB, to name a few.Obtained exclusive rights to create NFT Pins for Beijing 2022 and Paris 2024 Olympics.Existence of up and running and successful primary games such as CRAZY DEFENCE HEROES, CRAZY KINGS, POWER RANGERS, and WWE UNDEFEATED.
AB1 Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
