Anime-ca Brands, Steve Aoki’s NFTs more profitable than a decade of studio albums

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Anime and Animoca brands

Blockchain and Metaverse gaming company Animoca Brands has launched a strategic subsidiary in Japan after raising $10 million in seed funding.

The new subsidiary, named Animoca Brands KK, plans to expand popular Japanese content to non-fungible tokens (NFT), metaverse and fungible tokens through Web3 applications. The content includes anime such as my hero academia and dragonballgames, art, sports and others.

The funds for this latest expansion were raised in a $10 million seed round led by Japanese investment firm MCP Asset Management’s MCP IPX One fund.

Co-founder and executive chairman of Animoca Brands, Yat Siu, told Cointelegraph that “this one is really big” due to the content introduced into the NFT space and the size of the companies now involved.

Siu also said in Tuesday’s official announcement:

“Our Japan division will focus on partnering with IP owners in Japan to enable them to offer new Web3 products and services in the open metaverse.”

Animoca’s other major investments in NFTs and the Metaverse include The Sandbox, Axie Infinity and Dapper Labs.

Rarible and Cyber ​​​​create a VR platform for NFTs

Virtual reality platform Cyber ​​and NFT marketplace Rarible have partnered to create a fully immersive virtual NFT marketplace.

The marketplace is compatible with the Oculus headset on mobile devices and offers collectors a way to browse collections in a 3D Metaverse setting. Using Cyber ​​Market requires users to list their NFTs for sale on Rarible.

Rarible is the 19th largest NFT marketplace, with a trading volume of $47,000 in the last 24 hours according to DappRadar.

DJ Steve Aoki’s NFT Earnings Surpass Music Career

“Azukita” singer Steve Aoki has revealed that he earns more from trading NFTs than from 10 years of selling studio albums.

Aoki has been selling NFTs on the OpenSea NFT Marketplace since March 2021, when his “Steve Aoki” collection dropped. Since then, the collection has benefited from 547 Ether (ETH) in volume traded between 953 owners.

At a private Gala Music event on February 10, Aoki said:

“If I were to really fall apart, OK, in the 10 years that I’ve been making music, six albums, and you culminate all of these advancements, which I did in a single drop last year in NFTs, I made more money.”

Aoki’s collection demonstrates his keen sense of the NFT industry. He owns a Yat that serves as his personal URL and has collected several Bored Ape Yacht Clubs and Adidas Originals NFTs worth over $1 million. Its latest foray into the NFT space is the Metaverse “Aok1verse” iteration.

Samsung S22 presale offer includes NFT drop for Koreans

Samsung’s latest update for its S series of smartphones has hit the market with a bang in South Korea, where early buyers have enjoyed several perks including an exclusive NFT.

Pre-sale buyers of the S22 phones and the S8 tablet will receive an NFT from Theta Labs, which has a long-standing partnership with Samsung. Theta hopes the offer will lead users to its ThetaDrop NFT Marketplace, where people should go to claim their NFT.

Pre-sale orders for the S22 exceeded those for the S21 by a factor of three to four, according to a report by Korean news agency Yonhap News.

Other interesting news

The New York Stock Exchange may soon dive into the Metaverse as the exchange has registered to trademark the NYSE name on several blockchains and crypto products. The application includes uses in virtual reality and augmented reality software, NFTs, and online marketplaces.

The CryptoPunks community is angry over claims that Larva Labs sold dozens of CryptoPunks v1 on OpenSea before withdrawing recognition of their authenticity. The v1 collection had a smart contract exploit which was fixed by issuing the v2 collection.

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