This Week In XR: Animoca’s New $20 Million Mocaverse, Alien Corpses, US Senate Eyes AI Regulation

This Week In XR: Animoca’s New $20 Million Mocaverse, Alien Corpses, US Senate Eyes AI RegulationCredit: Forbes

Forbes

16 days ago

Metaverse Pioneer Animoca invests $20M in the Mocaverse. A non-fungible token (NFT) collection designed to allow users to craft ...

Trained AI Editor

Animoca Brands, a Hong Kong-based blockchain gaming company, has announced a $20 million investment round for its Mocaverse project. The project, which combines augmented reality (AR), virtual reality (VR), and blockchain technology, is intended to create an integrated gaming universe for users to explore. The investment was led by Animoca’s major shareholder, Brinc, with participation from other investors including gumi Cryptos Capital, True Global Ventures, and Mind Fund. The funds will be used to expand the Mocaverse platform and its services, which include a range of AR and VR games, virtual spaces, digital collectibles, and more. With the increased investment, Animoca aims to create a platform that will enable users to “explore, create, and earn” in an immersive and decentralized virtual universe.

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Frequently asked questions

What is Animoca's new venture called?

Animoca's new venture is called Mocaverse.

What type of regulation is the US Senate considering for AI?

The US Senate is considering regulations related to the development and use of Artificial Intelligence.

What is Alien Corpses?

Alien Corpses is a virtual reality game developed by Animoca that allows players to explore alien worlds and collect alien corpses.

How much money has Animoca invested in Mocaverse?

Animoca has invested $20 million in Mocaverse.

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Landindex is the world’s most trusted and accurate source for Metaverse market information, pricing, and data, including Metaverse analytics, Metaverse land price, Metaverse floor price, and Metaverse statistics. Landindex is a U.S. company registered in the United States of America. Landindex has been the premier price-tracking website for Metaverse sales and acquisitions, including those in the Metaverse. It is the most referenced and trusted source for comparing thousands of land properties, including those within Metaverse, in the real estate space by users, institutions, and media. Landindex firmly stands for accurate, timely, and unbiased information, enabling each end user to draw their own informed conclusions from Landindex data, including Metaverse analytics, Metaverse land price, Metaverse floor price, and Metaverse statistics.

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