Animoca Brands
Company
22 documents in the library are about Animoca Brands, from writers such as Naavik, Drake Star Partners and The Esports Advocate. Each has a summary and key insights with the page they come from.
- Articles
- 11
Connections
The documents about Animoca Brands on the inner ring, the other games and companies they name on the outer one. Select a cover to see it up close and open it in a new tab; drag to move, pinch or Ctrl + scroll to zoom.
Key figures from the reports
Animoca Brands and Andreessen Horowitz (a16z) are significant investors in web3 gaming, with a16z investing $2.7 billion across 28 deals, while Wemade made the largest disclosed acquisition with its $115 million purchase of SundayToz.
InvestGame, 2024 · Web3 Gaming Investments: 2020-2024
While early-stage seed and Series A rounds dominated transaction volume, late-stage funding remained highly selective, highlighted by Animoca Brands’ 11.9 million dollar raise.
DDM, 2024 · Mobile Games Annual Investment Report, p. 10
Animoca Brands maintains a portfolio of over 320 investments in the Web3, NFT, and blockchain gaming sectors, supporting a valuation exceeding $6 billion.
Naavik, 2022 · Animoca Brands: Building the Open Metaverse
The Sandbox, a blockchain-based game owned by Animoca Brands, launched its public alpha in November 2021 following a $93 million funding round led by SoftBank.
Hit Points, 2021 · Castles Made of Sand
On Steam
Steam estimates as of 9 Oct 2026. Revenue is premium revenue on Steam only: game sales, without DLC.
- Revenue as publisher
- $0
- 1 games
- Revenue as developer
- $0
- 1 games
- Units sold
- 1,140
- as publisher or developer
Animoca Brands’s best-selling games on Steam
| Game | Released | Share of the best seller | Revenue | Units |
|---|---|---|---|---|
| Crazy Defense HeroesDeveloper and Publisher | 2021 | — | 1,140 |
Documents about Animoca Brands
TWIG #405: Gears of War E-Day Flops, EU Comes for Virtual Currency and Turkey Wins the Puzzle Race
The global gaming industry is currently navigating a period of structural stagnation characterized by shifting regional power dynamics and a fundamental disconnect between hardware performance and consumer demand.
- The U.S. console market is experiencing record-low hardware sales as rising prices create a disconnect between hardware performance and consumer demand.
- The European Union is increasing regulatory pressure on major publishers, specifically targeting opaque virtual currency bundles and deceptive design patterns as predatory practices.
- Turkey has emerged as a high-growth hub for puzzle games, driven by aggressive government subsidies and an efficiency-focused work culture.
Web3 Gaming Investments: 2020-2024
The web3 gaming sector experienced a period of intense volatility and rapid evolution between 2020 and 2024, characterized by a strong correlation between cryptocurrency market dynamics and private investment activity.
- Web3 gaming investments surged with Bitcoin's price increase, peaking in Q1 2022 with $1.6 billion raised across 85 deals, but current investment activity has not returned to previous highs despite Bitcoin surpassing them in H1 2024.
- Content creators consistently attract more funding and represent a larger share of deals (over 60% of total amount raised and deals closed) compared to Platforms & Tech companies in the web3 gaming space.
- Despite substantial investment volumes, M&A activity in web3 gaming remains low, with only 33 deals tracked from 2020 to 2024 YTD totaling $146 million in disclosed value, indicating the market's early stage.
Global Gaming Report: Q3 2024
The global gaming industry experienced a significant resurgence in deal activity during the third quarter of 2024, characterized by a 70% year-over-year increase in merger and acquisition volume.
- Global gaming M&A activity surged 70% year-over-year in Q3 2024, with 56 announced deals totaling $2.5 billion, anchored by Playtika’s $1.95 billion acquisition of SuperPlay.
- Private financing reached $1.18 billion across 181 deals, with early-stage investments heavily favoring blockchain (32% of deal flow) and platform tools (23%).
- Investment leadership is concentrated among key players, with Andreessen Horowitz and BITKRAFT leading Series A and B stages with 15 deals each, while Animoca Brands executed 38 strategic transactions.
Animoca Brands and the Motorverse
Animoca Brands is actively shaping the future of digital entertainment by fostering an open metaverse centered on consumer property rights and blockchain integration.
- Animoca Brands is leveraging a portfolio of over 450 investments to transition the gaming industry from speculative Web3 models toward high-quality, product-first entertainment.
- The Motorverse initiative establishes standardized data models for vehicles to enable true interoperability, allowing digital assets to function seamlessly across multiple racing titles.
- The platform aims to function as a 'Netflix for automotive gaming,' creating a centralized digital hub that facilitates persistent ownership and cross-platform engagement.
State of Web3 in Saudi Arabia
Saudi Arabia has emerged as the dominant hub for Web3 investment in the Middle East and North Africa, capturing 51% of Q1 2024 venture-capital funding with $429 million across 163 deals.
- Saudi Arabia captured 51% of all MENA Web3 venture capital funding in Q1 2024, totaling $429 million across 163 deals.
- The government has committed $37.7 billion to esports and $13.3 billion to gaming, supported by major investment vehicles like Wa’ed’s $500 million fund and 500 Global’s $2.4 billion under management.
- While the market is currently concentrated in consumer-facing sectors like DeFi, GameFi, and SocialFi, there is a significant supply gap for foundational infrastructure development.
Mobile Games Annual Investment Report
The mobile gaming investment landscape in 2023 was characterized by a strong concentration of capital within early-stage ventures, with a significant emphasis on blockchain integration and infrastructure.
- Venture capital in 2023 prioritized early-stage mobile gaming ventures, specifically those integrating blockchain technology and decentralized infrastructure.
- Andreessen Horowitz led investment activity by deploying 63 million dollars across eight deals, including a 33 million dollar seed round for Proof of Play.
- Investment focus remained diverse, spanning social gaming, AI-driven development, and fantasy sports, exemplified by Lumikai’s 22 million dollar investment in Eloelo.
Talon Esports Partners With Planet Mojo
Talon Esports, a prominent Hong Kong-based organization, has entered into a strategic partnership with the Web3 gaming ecosystem Planet Mojo.
- Hong Kong-based esports organization Talon Esports has entered into a strategic partnership with the Web3 gaming ecosystem Planet Mojo.
- Talon Esports will provide professional player feedback and regional market expertise to assist in the development and balancing of Planet Mojo's upcoming mobile autochess game, Mojo Melee.
- The collaboration includes plans for Talon Esports to help design and facilitate future tournaments and competitive events for the game.
Gaming meets Business at the Hamburg Games Conference 2024
The Hamburg Games Conference 2024, held on March 5 and 6, served as a strategic nexus for international games companies, start-ups, and industry stakeholders.
- The Hamburg Games Conference 2024, held March 5–6, prioritized addressing industry-wide challenges including global layoffs, IP licensing, and the integration of AI in game development.
- Industry leaders from Remedy Entertainment, Metacore, Thunderful Group, The Sandbox, and Animoca Brands participated in discussions focused on practical business strategies and legal frameworks for emerging technologies.
- The conference introduced 'Opportunity Tickets' to provide free access and networking resources to professionals affected by recent industry layoffs, aiming to stabilize the talent ecosystem.
M80 Partners With Recently Launched Gamer Platform Forge
The esports and gaming organization M80 has entered into a strategic partnership with Forge, a recently launched community and rewards platform.
- Esports organization M80 has entered a partnership with the newly launched gaming community and rewards platform Forge, though financial terms and the duration of the deal remain undisclosed.
- M80 will integrate Forge branding across its team jerseys, social media channels, and streaming platforms, while its professional players will serve as platform ambassadors.
- The collaboration includes the creation of co-branded content designed to promote Forge’s features, including its in-game reward programs for currency and cosmetic items.
Exclusive: Community Gaming Lays Off 17 Employees
Community Gaming, a New York-based esports tournament and questing platform, implemented a workforce reduction of approximately 17 employees in April 2023.
- Community Gaming, a New York-based esports tournament platform, has laid off approximately 17 employees across its North American and Turkish operations.
- The company, which focuses on Web3, crypto, and blockchain-based tournament infrastructure, has raised $18.5 million in total funding across four rounds since 2019.
- Investors in Community Gaming include notable firms such as BITKRAFT Ventures, Binance Labs, Animoca Brands, and Griffin Gaming Partners.
Global Games Industry Deal Activity 2022
The global games industry experienced a record-breaking year in 2022, characterized by a significant surge in both the volume and total value of financial transactions.
- The global games industry reached a record $127 billion in total deal value across 1,320 transactions in 2022, marking a 78.8% increase over the previous year.
- Mergers and acquisitions were the primary growth driver, totaling $102.3 billion—a threefold increase compared to 2021.
- The PC and console segment dominated M&A activity, accounting for 83 transactions valued at $74.9 billion, headlined by Microsoft’s $68.9 billion bid for Activision Blizzard.
Web3 Investing with Animoca Brands - The Metacast by Naavik
Animoca Brands operates on the core thesis that digital property rights are the essential foundation for the next iteration of the internet.
- Animoca Brands operates as a hybrid entity that functions simultaneously as an ecosystem operator and a venture investor to build foundational infrastructure for digital property rights.
- The firm prioritizes long-term network effects and shared liquidity over traditional venture capital goals of rapid, isolated exits.
- By rejecting Web2 extractive models, the firm utilizes stakeholder capitalism to redirect economic power from platform intermediaries to players and developers.