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Crypto News

Animoca Game Studio Set to Introduce Bitcoin-Driven Metaverse Token, Marking a Significant Shift for Bitcoin

Author

Jay Solano

Tags

Tags Editor's Choice / Slider Posts

Reading time

2 mins
Last update

Author

Jay Solano

Tags

Editor's Choice / Slider Posts

Reading time

2 mins
Last update

Author

Jay Solano

Tags

Editor's Choice, Slider Posts

Reading time

2 mins
Last update

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Darewise Entertainment, a subsidiary of Animoca Brands, has unveiled its intention to debut the premier metaverse token tailored for the Bitcoin blockchain. This groundbreaking initiative seeks to harness the power of Bitcoin, not just as a value reservoir but as a driving force behind a comprehensive gaming, branding, and real-life experiences ecosystem.

This pivotal announcement came during the Token2049 summit held in Singapore. Darewise shared its vision for this upcoming metaverse token, emphasizing its capabilities to encompass elements like virtual terrains, in-game assets, and more, particularly for its metaverse venture, Life Beyond.

Yat Siu, the co-founder and executive chairman of Animoca Brands, highlighted the significance of this move. He pinpointed Life Beyond as a testament to Bitcoin’s untapped potential and versatility.

“We’re on the brink of a transformative phase for Bitcoin, courtesy of the Ordinals protocol, where it’s venturing beyond just financial implications and delving into the realm of cultural integration. The infusion of top-tier gaming paves the way for wider acceptance, and we’re excited about Darewise Entertainment, our premium game studio, spearheading this uncharted domain,” remarked Siu.

In order to make this ambitious project a reality, Darewise Entertainment has teamed up with Horizen Labs, a firm renowned for its proficiency in assisting with blockchain rollouts. Horizen Labs’ expertise will be instrumental in crafting essential applications and tools that will enhance the Ordinals platform on Bitcoin.

Benjamin Charbit, Darewise Entertainment’s co-founder and CEO, shared his optimism regarding the untapped possibilities within Bitcoin. He asserted, “Our alliance with Horizen Labs embodies our commitment to dive deep, innovate, and unlock the latent potential Bitcoin has to offer.”

In the forthcoming months, Darewise Entertainment is gearing up to introduce innovative technological advances that will bolster Life Beyond and similar metaverse ventures. Their ultimate objective revolves around fostering a solid foundation of utility within the network upon the new token’s launch.