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

Published at: Feb. 16, 2022

Anime and Animoca Brands

Blockchain gaming and Metaverse 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 on expanding popular Japanese content into NFTs, the Metaverse, and fungible tokens through Web3 applications. The content includes anime such as My Hero Academia and Dragon Ball, games, art, sports, and others.

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.

Animoca Brands co-founder and executive chairman Yat Siu told Cointelegraph that “this one is really big” because of the content being brought into the NFT space and the size of the firms now involved.

Siu also said in the official announcement from Feb. 15:

“Our Japanese 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 (SAND), Axie Infinity (AXS), and Dapper Labs.

Rarible and Cyber create VR platform for NFTs

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

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

NFTs purchases directly in a 3D metaverse via @raribleprotocol ✅visitors can now buy NFTs without ever leaving your gallery space — just list your NFTs on @rarible ️fully immersive marketplace? we're just getting started ️ pic.twitter.com/k3Ofj5HfGD

— ᴏɴ ᴄʏʙᴇʀ (@oncyber_io) February 15, 2022

Rarible is the 19th biggest NFT marketplace with $47,000 in trading volume over the past 24 hours according to DappRadar.

DJ Steve Aoki’s NFT income surpasses music career

Azukita song performer Steve Aoki revealed that he makes more from trading NFTs than he has 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 enjoyed 547 ETH volume traded among 953 owners.

At a private Gala Music event on Feb. 10, Aoki said,

"If I was to really break down, OK in the 10 years I've been making music, six albums, and you culminate all those advances, what I did in one 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. His latest foray in the NFT space is the Aok1verse Metaverse iteration.

Samsung S22 pre-sale offer includes NFT drop for Koreans

Samsung’s latest update to its S-series of smartphones hit the market with fanfare in South Korea, where early buyers were treated with several benefits including an exclusive NFT.

Presale buyers of the S22 phones and Tablet S8 will receive an NFT from Theta Labs, which has had a long-standing partnership with Samsung. Theta hopes the offer will drive users to its ThetaDrop NFT marketplace, where people must go to claim their NFT.

Presale orders for the S22 exceeded those for the S21 by three to four times, according to a report from Korean news agency Yonhap News.

Other Nifty News

The New York Stock Exchange (NYSE) may be diving into the Metaverse soon 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 up in arms over allegations 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 a v2 collection.

Tags
Nft
Related Posts
Blockchain and the Metaverse make inroads at Consumer Electronics Show
Blockchain, metaverse and NFT technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week. The CES is an annual event that features exhibitions of the latest tech advancements and keynote speeches from giants such as LG, Samsung, Amazon, Nvidia and Sony. Innovation of mobility. Sony's Vision-S #CES2022 pic.twitter.com/lLykDAUapB — Sony (@Sony) January 5, 2022 This year’s event runs between Jan. 5 and Jan. 7 and will host more than 2200 exhibitors, with crypto and NFT companies a notable addition to the perennial gadget makers and TV manufacturers. In terms of the …
Blockchain / Jan. 5, 2022
Galaxy Interactive raises another $325M fund aimed at metaverse and next-gen games
Galaxy Interactive, a venture capital firm focused on next-generation interactive technology, has announced it has raised $325 million for its second fund from 70 different investors. The fund is focused on virtual and augmented reality, artificial intelligence and blockchain-based games. In a Tuesday announcement, Galaxy Digital, the majority owner of Galaxy Interactive, stated that $150 million from the fund has already been allocated to new portfolio companies, including Republic, 1047 Games, Elodie, Roar, Art Blocks and Masterworks, with other additional investments to be announced in coming months. Established in 2018 by general partners Sam Englebardt and Richard Kim, the company …
Technology / Oct. 20, 2021
The Sandbox raises $93M to expand its NFT metaverse
The metaverse continues to be the next attraction point of crypto for investors, with The Sandbox, an Animoca Brands subsidiary and nonfungible token (NFT) metaverse platform, raising fresh capital in a funding round led by SoftBank Vision Fund 2. Marking SoftBank Vision Fund 2’s first investment into the crypto assets, The Sandbox’s Series B round saw $93 million raised with the participation of Animoca Brands, True Global Ventures, Galaxy Interactive, SCB 10X, Polygon Studios and Samsung Next, among others. According to the announcement, The Sandbox aims to speed up the growth of its open metaverse with games, live performances and …
Nft / Nov. 2, 2021
Real health benefits will come when medicine and the Metaverse collide
The world is becoming more connected as cryptocurrency, blockchain, nonfungible token projects, the Metaverse and other online communities gain popularity. However, we’re also seeing rates of depression and feelings of isolation and loneliness skyrocket. This development is certainly not causal, but it is something to consider as younger generations become more involved in virtual spaces. The global COVID-19 pandemic has exacerbated a national mental health crisis. Mental Health America reported that 47.1 million people in the U.S. are living with a mental health condition. That’s one in five Americans, folks. Unsettling as those figures may be, progress is being made …
Adoption / March 19, 2022
74% of survey participants say they buy NFTs for status
According to metaverse platform, Metajuice, almost three out of four of the nonfungible token (NFT) collectors on its platform purchase NFTs for status, uniqueness and aesthetics. While current NFT sales are not as high as during the peak in 2021, the space still holds on, with users giving various reasons for buying NFTs. In an announcement sent to Cointelegraph, Metajuice highlighted that their team surveyed over 6,000 NFT users to discover the motivations behind NFT purchases. The survey results showed that among the reasons laid out by the researchers, standing out and wearing the NFTs as their avatar were the …
Nft / Feb. 27, 2023