Ark Rivals secures strategic investment from Animoca Brands to help accelerate its growth
The Sci-fi action strategy NFT game joins the list of startups to receive funding from Animoca Brands.
Yat Siu, the executive chairman and co-founder of Animoca Brands expressed confidence in the ability of Ark Rivals to advance blockchain’s mass adoption by creating games that the general populace will enjoy.
He believes that more traditional gamers will be exposed to true digital ownership, play-to-earn, and other benefits of blockchain technology through the efforts of startups like Ark Rivals.
Speaking on the funding, CEO Ark Rivals Nghia Do, commented:
“We are overjoyed to have the backing of Animoca Brands, the industry leader that shares our goal of empowering gamers through intellectual property rights and an open metaverse. Their expertise, experience, and strategic connections will be critical in assisting us in pioneering the next generation of blockchain gaming. Ark Rivals was created to revolutionize the chaotic NFT game industry.”
This recent investment in Ark Rivals by Animoca Brands aims to support the development of its NFT game series while providing direction and guidance on the operations of the blockchain ecosystem.