In a chairman’s letter to all of its shareholders, Animoca Brands CEO and Founder Yat Siu talked about the positioning of his company. The letter first addresses the challenges Animoca Brands has faced in 2020 in response to the Covid-19 Pandemic and other global market challenges saying: “We want to thank all of our shareholders for their patience. This report has suffered significant delays owing to many factors including in particular the COVID-19 pandemic, which severely impacted our capacity to integrate acquisitions into our blockchain/NFT strategy and locked down many of our employees across several countries around the world.” After addressing the challenges Animoca Brands has faced in the past, the chairman’s letter to its shareholders went on to talk about how the company has grown over the past 3 years from 2020 to 2023.

In fact, Animoca Brands had less than 200 people working in the company during its first year of the Covid-19 pandemic and over the past 3 years, Animoca Brands has grown exponentially and now has around 1000 employees working around the globe.  

Animoca Brands year 2020 deferred revenue according to the chairman’s letter is said to have increased from $6.947 million to $27.890 million, which marked a substantial increase of 401.5%. 

Animoca Brands also addressed in its Chairman’s letter to shareholders about the company’s relation to Artificial Intelligence stating that through their AI accelerator they have invested in over 60 AI-related startups and that some of these AI startups products are being integrated with Animoca Brands as well as across its portfolio companies. 

Investing in the AI industry is great for Animoca Brands as the company continues to advance its technology and utilize Artificial Intelligence in ways that will allow Animoca Brands to expand their brand by creating new game softwares/games and Possibly to create new NFTs. 

For links and more information on the Animoca Brands FY2020 Annual Report and Chairman’s Letter To Shareholders, check out the Animoca Brands Twitter page.

Open Campus is a community-led protocol for educators, content creators, parents, and students. Its launch partners include Animoca Brands, TinyTap, GEMS Education, Liberty City Ventures, Dalton Learning Lab, and others. The vision of Open Campus is to leverage Web3 to create a modern, global, and inclusive educational space where teachers, parents, students, and content creators can collaborate.

Yat Siu, the co-founder and executive chairman of Animoca Brands, states:

 “Teachers are among the most prolific and important content creators, but they often lack the funding to advance and innovate in the classroom and in their learning programs. By supporting the Open Campus Global Educators Fund, which we believe is the first of its kind, we want to use Web3 to allow educators around the world to produce new educational content that is relevant and innovative and that can adequately prepare students for the challenges and opportunities of the future.”

Yogev Shelly, the CEO of TinyTap and a member of the EDU Foundation Council, commented: 

“We want to touch upon core values for education and reach underserved communities around the world. Open Campus exists to support knowledge seekers and providers in an interdependent ecosystem. The Open Campus Global Educators Fund will allow teachers to claim upfront funding for the development of material that will have a real impact on the world.”

Yat Siu, the co-founder and executive chairman of Animoca Brands, commented: 

“Partnering with stc play is a significant advancement of our expansion strategy in the Middle East. As one of the largest telecom companies in the region, stc provides access to several million business and retail users across its expansive service offerings.”

Bader Almarshoud, the head of stc play, replied: 

“Following our strategy and as an extension of our venture into the gaming industry, we are glad to announce our collaboration with Animoca Brands to expand the gaming sector in Saudi Arabia by publishing video games in the MENA region using different distribution channels. This collaboration bridges the gap between the global and local games developing studios and its audience.”

Legends of Elumia (Elumia for short) is a next-generation Massively Multiplayer Online RPG (MMORPG) where players can “immerse themselves in gameplay zones, engage in multiplayer adventures, quests, and player battles with in-game enemies and against other real-time players.” 

Strategic Partners & Player Guilds –  Animoca Brands, Spartan Group, Crypto.com Capital, Guildfi, Cryptology AG, Infinity Ventures Crypto, Kyros Ventures, Spark Digital, Solar Eco Fund, Maven Capital, Forward Analytics, Master Ventures. Momentum 6, Metavest, MM Ventures, YGG SEA, Ancient 8, Good Games Guild, Unix Gaming, PathDao.

Yat Siu, executive chairman, and co-founder of Animoca Brands:

“We are excited to support the experienced team at Elumia, which is developing an MMORPG that aims for best-in-class game quality in the open metaverse. We look forward to seeing Elumia provide a fun and immersive playground that delivers true digital ownership and control of game assets to its players.” 

Legends of Elumia (Elumia for short) is a next-generation Massively Multiplayer Online RPG (MMORPG) where players can immerse themselves in gameplay zones, engage in multiplayer adventures, quests, and player battles with in-game enemies and against other real-time players. Players with a Character NFT will be able to play Elumia. There will be several ways to obtain characters, more details will be revealed on our social channels.

Strategic Partners & Player Guilds – Animoca Brands, Spartan Group, Crypto.com Capital, Guildfi, Cryptology AG, Infinity Ventures Crypto, Kyros Ventures, Spark Digital, Solar Eco Fund, Maven Capital, Forward Analytics, Master Ventures. Momentum 6, Metavest, MM Ventures, YGG SEA, Ancient 8, Good Games Guild, Unix Gaming, PathDao.

Yat Siu, executive chairman and co-founder of Animoca Brands:

“We are excited to support the experienced team at Elumia, which is developing an MMORPG that aims for best-in-class game quality in the open metaverse. We look forward to seeing Elumia provide a fun and immersive playground that delivers true digital ownership and control of game assets to its players.”

Last year, Animoca Brands acquired 70% of Darewise Entertainment, an indie game company. Darewise Entertainment is the web3 game studio creating Life Beyond – described as a “socio-tech metaverse within a play-to-earn MMO title”. 

​Benjamin Charbit is the CEO of Darewise Entertainment. ​Yat Siu is the co-founder and executive chairman of Animoca Brands. Timothee Semelin is the Head of partnerships at Life Beyond.

Ring Games was founded in 2019 by the former core developers of the global hit game “King’s Raid”. Since then the team has been working on their new ‘Premium Character Collectible RPG’ Stella Fantasy. The game features high-quality action gameplay along with the benefits of web3 game mechanics and play-to-earn features. 

Jooho Yun, the CEO of Ring Games, stated: 

“Stella Fantasy will deliver high-quality anime visuals developed on Unreal Engine 4 with stunning actions of full-3D Bishōjo characters. Moreover, Stella Fantasy’s NFT collection and ecosystem will provide a new level of ‘fun’ in the P2E RPG genre.”

Yat Siu, the co-founder of Animoca Brands, responded: 

“Stella Fantasy’s high-quality visuals, real-time approach, originality, and the core concept of delivering enjoyable gameplay compelled us to support this ambitious project.”

The strategic partnership is apparently the culmination of a longstanding relationship between Ken Cron, Executive Chairman of Cool Cats Group, and Yat Siu, Co-Founder and Executive Chairman of Animoca. 

On September 1st, 2022, Cool Cats announced it was partnering with GAMEE, one of Animoca Brands’ subsidiaries. As part of the GAMEE partnership, Cool Cats holders have been able to access exclusive NFT claims, raffles, and community giveaways. Moreover, Animoca recently closed a strategic funding round of $110 million from a group of new investors. The new capital is going towards building on GameFi opportunities, including play-and-earn. RE3W and Game Fund covered both these stories in previous news reports.

Yat Sui said that the new partnership between Cool Cats and Animoca will “enable both companies to deliver these new, unique and compelling gaming experiences to their respective communities and the broader gaming audience”.

Previously, developer Ring Games successfully raised $5 million in a funding round for the blockchain game Stella Fantasy. The round was led by Animoca Brands and Planetarium with participation from Defiance Capital, Play Ventures, Double Peak, DWeb3 Capital, GuildFi, Avocado DAO, and PathDAO. 

Ring Games was founded in 2019 by the former core developers of the global hit game “King’s Raid”. Since then the team has been working on their new ‘Premium Character Collectible RPG’ Stella Fantasy. The game features high-quality action gameplay along with the benefits of web3 game mechanics and play-to-earn features. 

Jooho Yun, the CEO of Ring Games, stated: “Stella Fantasy will deliver high-quality anime visuals developed on Unreal Engine 4 with stunning actions of full-3D Bishōjo characters. Moreover, Stella Fantasy’s NFT collection and ecosystem will provide a new level of ‘fun’ in the P2E RPG genre.”

Yat Siu, the co-founder of Animoca, responded: “Stella Fantasy’s high-quality visuals, real-time approach, originality, and the core concept of delivering enjoyable gameplay compelled us to support this ambitious project.”

Ring Games was founded in 2019 by the former core developers of the global hit game “King’s Raid”. Since then the team has been working on their new ‘Premium Character Collectible RPG’ Stella Fantasy. The game features high-quality action gameplay along with the benefits of web3 game mechanics and play-to-earn features. 

Jooho Yun, the CEO of Ring Games, stated: “Stella Fantasy will deliver high-quality anime visuals developed on Unreal Engine 4 with stunning actions of full-3D Bishōjo characters. Moreover, Stella Fantasy’s NFT collection and ecosystem will provide a new level of ‘fun’ in the P2E RPG genre.”

Yat Siu, the co-founder of Animoca Brands, responded: “Stella Fantasy’s high-quality visuals, real-time approach, originality, and the core concept of delivering enjoyable gameplay compelled us to support this ambitious project.”

Stella Fantasy has a live AMA, In-Game Walkthrough and Whitelist Giveaway on the 13th September.