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Animoca Brands (Animoca Brands Corporation Ltd) is a Hong Kong-based game software company and venture capital company founded in 2014 by Yat Siu. It was listed on the Australian Securities Exchange from 23 January 2015 to 9 March 2020. Notable properties Games owned by the company include: * ''Power Rangers: Legacy Wars'', ''Power Rangers: Battle for the Grid'' * ''Projection: First Light'' Animoca Brands has also licensed games and applications for: The Addams Family, Atari SA, Atari, Care Bears, Fan Controlled Football, Formula E, Manchester City FC, MotoGP, Snoop Dogg, Wonder Park, and the WWE. Former licenses include Formula One. Animoca Brands' has over 390 cryptocurrency-related holdings, this include Axie Infinity, OpenSea, Dapper Labs and CryptoKitties. Animocas portfolio investments is worth $1.5 billion in crypto and blockchain gaming across 390 companies. History On November 15, 2011, mobile games developer Animoca raised an undisclosed amount of funding i ...
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The Sandbox (2012 Video Game)
''The Sandbox'' is a 2D sandbox game for mobile phones (iOS and Android (operating system), Android) and Microsoft Windows, developed by the game studio Pixowl and released on May 15, 2012. It was released for PC on Steam on 29 June 2015. The brand was acquired by Animoca Brands in 2018, and its name was used for a blockchain-based 3D open world game of the same name that launched on November 29 2021. Gameplay The player takes the role of "Deity apprentice" and sets about crafting their own universe through the exploration of resources such as water, soil, lightning, lava, sand and glass. The user is given a single 2D screen as their canvas, and applies these resources as pixels. Once added to the screen, these resources interact in various ways, such as water mixing with sand to create mud, and lava burning other objects. The game also includes more complex elements such as humans, wildlife, and mechanical contraptions. The player is given challenges like making a battery or b ...
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Wonder Park
''Wonder Park'' is a 2019 computer-animated adventure comedy film produced by Paramount Animation and Nickelodeon Movies, with Ilion Animation Studios handling animation. The plot follows a young girl who encounters a real version of her magical amusement park run by anthropomorphic animals. The film stars the voice talents of newcomer Brianna Denski, and Matthew Broderick, Jennifer Garner, Ken Hudson Campbell, Kenan Thompson, Ken Jeong, Mila Kunis, John Oliver, Kath Soucie, Norbert Leo Butz and Kevin Chamberlin. The film was directed by former Pixar animator Dylan Brown in his directorial debut; while he was involved through most of the production period, Paramount Pictures dismissed him in January 2018, citing "inappropriate and unwanted conduct". ''Wonder Park'' was released in 2D and 3D formats in the United States on March 15, 2019, by Paramount Pictures. The film received mixed reviews from critics, who praised the animation and voice acting but criticized the story and ...
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Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinct ...
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Fan Controlled Football
Fan Controlled Football (FCF) is a professional 7-on-7 Indoor football league created in 2017 as the first sports league controlled by fans. All games are played at the Pullman Yards in Atlanta, Georgia and broadcast on Twitch, NBCLX, DAZN, FuboTV, and Peacock. It was created by Project Fanchise, who established the first fan-controlled professional sports franchise, the Salt Lake Screaming Eagles, and operated the Colorado Crush to play in the Indoor Football League in 2017 before Fanchise pulled both teams out of the league. Players are paid weekly minimum of $400 plus room and board, while coaches get paid $3,500 per month with housing and meal plan. FCF CEO Sohrob Farudi confirmed in March 2021 that the league planned to play two seasons a year, one in the spring and one in the fall, and has plans to expand to 20 teams by year five. History Origins The idea, then known as Project Fanchise, was covered by ''The New York Times'' with the business concept of a fan-contro ...
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Intel Capital
Intel Capital is a division of Intel Corporation, set up to manage corporate venture capital, global investment, mergers and acquisitions. Intel Capital makes equity investments in a range of technology startups and companies offering hardware, software, and services targeting artificial intelligence, autonomous technology, data center and cloud, 5G, next-generation compute, semiconductor manufacturing and other technologies. History Intel Capital was set up in 1991 by Les Vadasz, and Avram Miller. It was originally called Corporate Business Development (CBD). At that time, Intel mainly invested in American companies, and in 1998 95% of investment was in the USA. Over time, investment in non-US companies increased, and by 2012 international investments accounted for about 57%. Intel Capital has invested more than US$12.5 billion in over 1,550 companies in 57 countries. In that timeframe, over 200 portfolio companies have gone public on various exchanges around the world, and more ...
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Series A Round
A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their securi ...
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CryptoKitties
''CryptoKitties'' is a blockchain game on Ethereum developed by Canadian studio Dapper Labs, a company spun-off from Axiom Zen, that allows players to purchase, collect, breed and sell virtual cats. It is one of the earliest attempts to deploy blockchain technology for recreation and leisure. The game's popularity in December 2017 congested the Ethereum network, causing it to reach an all-time high in the number of transactions and slowing it down significantly. Gameplay Players purchase, breed and trade virtual cats that have different visual features of varying levels of rarity. Players must purchase Ethereum#Ether, Ether cryptocurrency to join the game, and spend it to perform each breeding and trade action within the game. The virtual cats are breedable and carry a unique number and 256-bit distinct genome with DNA and different attributes (cattributes) that can be passed to offspring. Several traits can be passed down from the parents to the offspring. There are a total of 12 ...
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Dapper Labs
Venrock (portmanteau of Venture and Rockefeller) is a venture capital firm formed in 1969 to build upon the successful investing activities of the Rockefeller family that began in the late 1930s. It has offices in Palo Alto, California, New York City, and Boston, Massachusetts. History Venture capitalist Laurance S. Rockefeller (1910–2004) was the fourth of the six children of John D. Rockefeller, Jr. In January 1946 he formed Rockefeller Brothers, Inc., one of the first postwar venture-capital operations, starting with a capitalization of $1.5 million. There were eight partners in all, the five brothers and their sister, Abby, and two non family members Harper Woodward and MIT scientist, Ted Walkowicz. In 1969, the firm became known as Venrock. Laurance S. Rockefeller became an investor in enterprises based on science and technology. His investment interests included the fields of aviation, aerospace, electronics, high temperature physics, composite materials, optics, lasers, ...
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OpenSea
OpenSea is an American online non-fungible token (NFT) marketplace headquartered in New York City. The company was founded by Devin Finzer and Alex Atallah in 2017. OpenSea offers a marketplace allowing for non-fungible tokens to be sold directly at a fixed price, or through an auction, based on the Ethereum ERC-721 standard, the layer-2 scaling solution for Ethereum Polygon, the KIP-7 standard for Klaytn, and the SPL standard for Solana. In 2021, following a heightened interest in non-fungible tokens, the company's revenue reached $95 million in February 2021 and $2.75 billion in September of that year. By January 2022, the company had been valued at $13.3 billion and has been considered the largest non-fungible token marketplace. The daily trading volume on the OpenSea marketplace reached a record $2.7 billion on May 1, 2022, but four months later had dropped by 99%. History In 2017, Devin Finzer and Alex Atallah founded OpenSea. In September 2021, OpenSea admitted that an ...
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Axie Infinity
''Axie Infinity'' is a non-fungible token-based online video game developed by Vietnamese studio Sky Mavis, known for its in-game economy which uses Ethereum-based cryptocurrencies. Players of Axie Infinity collect and mint NFTs which represent axolotl-inspired digital pets known as Axies. These creatures can be bred and battled with each other within the game. Sky Mavis charges a 4.25% fee to players when they trade Axies on its marketplace. In September 2021, most ''Axie Infinity'' players were from the Philippines. ''Axie Infinity'' is built on the Ronin Network, an Ethereum-linked sidechain developed by Sky Mavis. The game's official Cryptocurrency is "Axie Infinity Shards/Token" or AXS for short. The game's secondary token, SLP, crashed in February 2022 amid a wider NFT and cryptocurrency crash, losing over 99% of its peak value. In March 2022, hackers compromised the Ronin Network, stealing approximately US$620 million worth of cryptocurrency from the project. The hacke ...
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Formula One
Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship, which became the FIA Formula One World Championship in 1981, has been one of the premier forms of racing around the world since its inaugural season in 1950. The word ''formula'' in the name refers to the set of rules to which all participants' cars must conform. A Formula One season consists of a series of races, known as ''Grands Prix'', which take place worldwide on both purpose-built circuits and closed public roads. A points system is used at Grands Prix to determine two annual World Championships: one for drivers, the other for constructors. Each driver must hold a valid Super Licence, the highest class of racing licence issued by the FIA. The races must run on tracks graded "1" (formerly "A"), the highest grade-rating issued ...
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