Animoca Brands collaborates with and invests in “MLB Champions™” developer Lucid Sight● Animoca Brands becomes Lucid Sight’s exclusive partner to promote, market, and distribute Lucid Sight games in Asia
● Lucid Sight’s portfolio includes the blockchain game MLB Champions™, an officially licensed product of Major League Baseball and Major League Baseball Players Association
● Animoca Brands is developing blockchain licencing relationships with prominent sports franchises (recently announced Formula 1®
, positioning the Company at the forefront of the industry and providing a distribution platform to launch blockchain games and NFTs
● Baseball has a strong reach in Asian countries including China, Japan and Korea
● Lucid Sight is the developer of various other titles including Crypto Space Commander (CSC), the PSVR game Herocade, Polyrunner, Star Drive, Z-Strike, and 405 Road Rage
● Lucid Sight VR and AR games have been downloaded more than 1 million times across the Steam, Gear VR, Oculus Rift, Daydream, and PlayStation platforms
● Animoca Brands will seek to implement the assets from Lucid Sight’s games into NFTs for blockchain titles being developed by the Company
● The Company participated in a US$6m round of funding into Lucid Sight, along with Salem Partners, The Galaxy EOS VC Fund, Digital Currency Group, Breakaway Growth, and Frontier Venture Capital
● Animoca Brands will receive a share of net revenues generated by the Games in Asia, as well as a share of net revenues generated by the Games outside of Asia in connection with distribution, publishing deals, and other agreements
