The Blue Chip NFT Collection Cool Cats’ Web3 owner, Cool Cats Group LLC, has revealed that Animoca Brands has made a strategic investment in the company. The alliance will support Cool Cats’ expansion as a powerful NFT brand and media organization.
The Work Between Animoca Brands and Cool Cats
Ya Siu, co-founder and executive chairman of Animoca Brands, and Ken Cron, the executive chairman of Cool Cats have a history of working together, which led to this strategic investment. In September, Cool Cats also revealed their collaboration with GAMEE in addition to this funding.
A division of Animoca, GAMEE specializes in online casual gaming environments. Holders of Cool Cats will have access to special NFT claims, raffles, and giveaways as part of this collaboration.
“Yat is one of the most prominent thought leaders in web3 and he has established one of the most significant organizations in the field,” claims Ken Cron. The community of Cool Cats and Cool Cats will benefit greatly from closer collaboration with Animoca Brands. The entire Cool Cats team, led by our new CEO Stephen Teglas, couldn’t be more eager to get going.
A strategic investment round worth US$110 million from new investors was just closed by Animoca. In order to advance the open metaverse, the company will concentrate especially on GameFi prospects.
Who Is Animoca Brands?
In the fields of blockchain technology, online gaming, and digital entertainment, Animoca Brands is a pioneer. The Sandbox, Crazy Kings, and Crazy Defense Heroes are just a few of the original games it has created and released that are most well-known.
Through collaborations with Disney, WWE, The Walking Dead, and Snoop Dogg, it has also significantly contributed to the mainstreaming of the metaverse. Over 380 investments are currently part of Animoca Brands’ expanding portfolio. Its reputation as a metaverse leader will be further cemented with the help of this most recent round of finance. For other trending NFT news, read more on our website.