With such a long suspension, I find it's quite easy to become disillusioned and somewhat lose focus when it comes to my investment in Animoca Brands. With my capital locked up indefinitely, I find myself placing a higher risk on this investment, even though I had no intention to sell. That inability to access my capital has its own cost/risk, which I believe may factor into the share price once the company starts trading again. Hopefully, when the company does start trading again, further positive announcements will be released, which could help to negate this potentially negative short term effect.
With that disillusion and loss of focus, I find it's helpful to remind myself why I'm invested in Animoca Brands...
This (from the recent announcement) helps:
"
Animoca Brands leads Hashed , Pangea Blockchain Fund, ConsenSys, and 500 Startups in an investment round totalling US$1.465m (approx. A$2.13m) into SkyMavis, the maker of the highly rated blockchain game Axie Infinity"
"The Company has signed a
memorandum of understanding to explore further collaboration with Sky Mavis"
"
Axie Infinity is among the highest-grossing blockchain games , with sales of over US$1.1m (approximately A$1.6m), and
partners that include Samsung , Klaytn (Kakao), MakerDAO, and Loom Network"
Notably, Hashed, has seen value in Animoca Brand's The Sandbox as well:
“The Sandbox ” (TSB Gaming) receives ~$3.6m in investment from major blockchain companies https://www.asx.com.au/asxpdf/20190523/pdf/4459scp4hkt11f.pdf "The
investment was led by Hashed , the largest crypto assets fund and accelerator in South Korea , with operations based in San Francisco and Seoul"
These videos of Yat Sui from
Hashed are a good reminder too:
VIDEO VIDEO