Ann: CryptoKitties beta launch in Greater China, page-7

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Juryfury

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08/03/18

09:32

Post #: 31609276
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Originally posted by _Sweedishchef ↑

and here is the ann from 25 Jan. zero mention of revenue share

ASX Release 25 January 2018 2017 Exclusive Licence and Distribution Agreement with Axiom Zen to publish CryptoKitties in China Highlights ● Animoca Brands signs an Exclusive Licence and Distribution Agreement with Axiom Zen to publish CryptoKitties in China ● Axiom Zen is the publisher of CryptoKitties, the first major blockchain game. The total value of transactions of CryptoKitties trade was about US$20 million in its first month. ● Represents a move into blockchain gaming sector and aligns strongly with the Company’s strategy to expand and diversify its global business. Animoca Brands Corporation Limited (ASX:AB1, Animoca Brands or the Company) has entered into a one year renewable exclusive licencing and distribution agreement (the Agreement) with Axiom Zen to publish CryptoKitties in China. CryptoKitties is the first major video game based on blockchain, the underlying technology of cryptocurrencies like BitCoin and Ethereum. CryptoKitties allows players to adopt, raise, and trade virtual cats, and it represents one of the earliest attempts to deploy blockchain technology for recreational and leisurely purposes. Based on the limited number of cats going into circulation, the main goal of the game is to collect and exchange cats. It is accessible now to USD and crypto currencies holders. The total value of transactions of CryptoKitties trade was about US$20 million in its first month. In December 2017, one CryptoKitties virtual cat sold for a record ETH 250 (approximately A$330,000 at present value).

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Hmmm strange. Not sure what to make of this. Obviously only a small pportion of revenue makes this an exciting revenue stream for AB1 nonetheless, but would be keen to know more. Information is king!

AB1 Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
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Ann: CryptoKitties beta launch in Greater China, page-7

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