DecentralandMocaverse Raises $20M to Boost Decentralized Identity Solutions in Animoca Brands Ecosystem
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Animoca Brands, a Hong Kong-based developer of mobile and blockchain games, raised $20 million in a strategic investment from Mocaverse, a blockchain-based decentralized identity solutions provider. The funding will be used to expand Animoca Brands' portfolio of blockchain-based products and services, including the development of decentralized applications, digital wallets, and digital asset management solutions. The investment will also enable Animoca Brands to further integrate Mocaverse's decentralized identity technology into its games and applications, allowing users to securely manage and share their digital identities. With the new funding, Animoca Brands is in a prime position to become a leader in the decentralized identity space and further its mission to create a more open, secure, and inclusive digital economy.
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Frequently asked questions
What is Mocaverse?
Mocaverse is a distributed identity solutions provider for the Animoca Brands ecosystem.
How will the $20M be used to benefit the Animoca Brands ecosystem?
The $20M will be used to develop and deploy decentralized identity solutions for the Animoca Brands ecosystem.
What are the benefits of using Mocaverse's solutions?
Mocaverse's solutions offer improved security and scalability, as well as enhanced data privacy and trustworthiness.
How does the use of decentralized identity solutions impact Animoca Brands?
Decentralized identity solutions provide Animoca Brands with better control and ownership of their data, as well as improved data security and privacy.
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