Animoca Brands is a Web3 investment behemoth founded more than a decade ago in Hong Kong by Yat Siu and David Kim. The company's CEO, Robby Yung, talks about Animoca's journey and its strategy of being a metaverse company. Even after the metaverse "narrative" was widely seen to have failed, Animoca Brands remains focused on building metaverses and gradually onboarding companies by investing in them.

Yung explains that Animoca is a portmanteau that "connects animation and mobile communication," meaning a focus on games and creating a Web3 environment that the company wants to dominate. Animoca has a stable of big crypto brands and is a market maker helping to launch and market coins. The intention is to bring all of these different projects into Animoca Brands' so-called "Mocaverse."

Yung says that "over time, we want to bring all our vested companies into the Mocaverse, and right now, it's really busy. We're doing lots of stuff and setting up exciting partnerships." The company's Moca token launched four weeks ago and has generated huge interest, with the community growing and the company feeding off the community's enthusiasm.

Source: https://cointelegraph.com/magazine/robby-yung-animoca-web3-investments-ton-mocaverse/

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