Animoca Game Studio to Launch BTC-Based Metaverse Token, Signaling New Era for Bitcoin

Animoca Brands subsidiary Darewise Entertainment has announced plans to motorboat the first-ever metaverse token for the Bitcoin blockchain. The workplace says the caller token aims to powerfulness a afloat ecosystem connected Bitcoin for gaming, brands, and real-world experiences.

Bitcoin Enters the Metaverse: Darewise and Animoca Brands to Pioneer New Token

Darewise disclosed that the upcoming token marks a pivotal infinitesimal for Bitcoin arsenic it expands beyond a store of worth into powering a robust taste ecosystem. The Animoca Brands’ startup made the announcement astatine the Token2049 lawsuit successful Singapore.

The metaverse token volition alteration features similar in-game assets, virtual lands and much for Life Beyond, Darewise Entertainment’s metaverse project. Life Beyond represents a caller frontier for Bitcoin’s capabilities according to Yat Siu, co-founder and enforcement president of Animoca Brands.

“With the advent of the Ordinals protocol, we’re witnessing a pivotal infinitesimal for Bitcoin arsenic it extends its scope and introduces the conception of culture. High-quality gaming is 1 of the keys to wide adoption, and we’re thrilled that our AAA workplace Darewise Entertainment is moving connected this untapped opportunity,” Siu said.

To recognize the launch, Darewise Entertainment is collaborating with Horizen Labs which has anterior acquisition assisting with blockchain launches. Horizen Labs volition supply method services to physique important applications and tools to further the Ordinals ecosystem connected Bitcoin.

Benjamin Charbit, co-founder and CEO of Darewise Entertainment, said the companies are conscionable getting started exploring Bitcoin’s potential. “To execute that imaginable we request to rotation up our sleeves and build, and that’s the essence of our concern with Horizen Labs,” helium said.

Over the adjacent fewer months, Darewise Entertainment plans to unveil caller technological breakthroughs that volition powerfulness Life Beyond and different metaverse projects. The extremity is to guarantee robust inferior exists connected the web erstwhile the caller token launches.

What bash you deliberation astir the metaverse task being built connected Bitcoin? Share your thoughts and opinions astir this taxable successful the comments conception below.