Animoca Brands signs Exclusive Licence and Distribution Agreement with Axiom Zen to publish CryptoKitties in China

Highlights

  • Animoca Brands signs an Exclusive Licence and Distribution Agreement with Axiom Zen to publish CryptoKitties in China
  • Axiom Zen is the publisher of CryptoKitties, the first major blockchain game
  • The total value of transactions of CryptoKitties trade was about US$20 million in its first month
  • Represents a move into blockchain gaming sector and aligns strongly with the Company’s strategy to expand and diversify its global business

Hong Kong, 26th January 2018 – Animoca Brands Corporation Limited (ASX:AB1, Animoca Brands or the Company) has entered into a one year renewable exclusive licencing and distribution agreement (the Agreement) with Axiom Zen to publish CryptoKitties in China.

CryptoKitties is the first major video game based on blockchain, the underlying technology of cryptocurrencies like BitCoin and Ethereum. CryptoKitties allows players to adopt, raise, and trade virtual cats, and it represents one of the earliest attempts to deploy blockchain technology for recreational and leisurely purposes. Based on the limited number of cats going into circulation, the main goal of the game is to collect and exchange cats. It is accessible now to USD and crypto currencies holders. The total value of transactions of CryptoKitties trade was about US$20 million in its first month. In December 2017, one CryptoKitties virtual cat sold for a record ETH 250 (approximately A$330,000 at present value).

About Animoca Brands
Animoca Brands (ASX: AB1) publishes globally a broad portfolio of mobile games and subscription products including several games and e-books based on popular intellectual properties such as Garfield, Thomas & Friends™, Ever After High and Doraemon. The Company is based in Hong Kong. For more information visit www.animocabrands.com or get updates by following Animoca Brands on FacebookTwitter or Google +.

About Axiom Zen
Founded in 2013. Headquartered in Vancouver, BC. Axiom Zen is an award-winning venture studio. Axiom Zen specializes in new venture creation – building products and companies at the cutting edge of technology. The team of eighty founder-quality engineers, designers, and product leads combine a wealth of experience from fast-growing startups as well as companies like Apple, Google, and Microsoft. Companies that use Axiom Zen’s products include Microsoft, Adobe, Sony, Sega, Uber, and Google. For more information please visit https://www.axiomzen.co/work.

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

Shrinkflation

What Is “Shrinkflation” and Why Opting For It Isn’t Companies’ Only Choice

You might have noticed grocery prices are soaring, or your usual go-to pack of chips is shrinking in size—all thanks to massive inflation. As of August 2022, the U.S. consumer price index (CPI), which measures the change in consumer prices for a specific set of goods over a period, has increased by 8.3% (year-on-year). Although it has gone down slightly from 8.6% in May, the highest it has ever been since 1981, it remains high and worrying.

Top 3 Affordable and Little-Known Smartphones to Bring Home in 2022

Top 3 Affordable and Little-Known Smartphones to Bring Home in 2022

Apple has remained at the center of the smartphone industry for years. The sleek, striking design, ever-improving chip and robust camera system of the iPhone have made it one of the most sought-after smartphones in the world. This month, Apple cemented and extended its lead in the industry by putting forward the next generation of iPhones.

5 More Business Podcasts You Need to Listen To

5 More Business Podcasts You Need to Listen To

Entrepreneurs have one thing in common—they always look for opportunities to learn and grow. To gain an understanding of running a viable business, you need to listen to the experiences of those who have emerged triumphant in the business world. A great way to do so is by tuning into a vast number of business and entrepreneurship podcasts scattered across the internet today.

5 Hobbies To Maximize Your Entrepreneurial Drive

5 Hobbies To Maximize Your Entrepreneurial Drive

Entrepreneurs are a special breed of person. They’re go-getters, risk-takers and dreamers. Yet, even the most driven entrepreneur needs to take a break from time to time. Spending every second of your day on your business is stressful, and you will lose your drive very soon. If you want to stay energetic and ready to take on new challenges at work, hobbies are what you need.

Making the Metaverse a Force for Good with the Metaverse Charity Foundation

Making the Metaverse a Force for Good with the Metaverse Charity Foundation

If you are a frequent reader of our website, you must have seen us mention The Sandbox, Decentraland and Axie Infinity. These are some of the most popular metaverses out there, and the one thing they all have in common is that they all have their origins in Asia. While Asia is home to all these metaverse projects, it suffers two main issues: the region has major rural-urban inequality as well as a significant wage difference between high-skilled and low-skilled occupations.

How Do Stores Get You to Spend More Money

How Do Stores Get You to Spend More Money?

Have you ever entered a grocery store to buy some milk but ended up with a bag full of items you didn’t even need? You’re not alone if you feel guilty for spending more money than you intended. It’s not our fault that we keep putting items in our shopping carts; we are manipulated to do so! To make sure you buy more, retailers will go all the way to carefully engineer every aspect of their store.