Animoca Brands partners with NFT Project Imaginary Ones to enhance tokenomics 

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Web3 enterprise capital agency Animoca Manufacturers has introduced a partnership with Imaginary Ones, a Singapore-based NFT undertaking.

In accordance with a press launch shared with Crypto.information, the NFT undertaking plans to leverage Animoca’s experience and assets to strengthen its tokenomics. The enterprise capital agency will even assist Imaginary Ones with its “go-to-market technique,” the discharge added.

“Animoca Manufacturers’ help will fast-track our plans within the three areas of utility, cash and improvement, which is able to assist to unify Web2 and Web3 worlds and construct on our promise that when you can think about it, we will construct it,” mentioned Clement Chia, co-founder of Imaginary Ones.

As a part of this collaboration, Imaginary Ones can also be planning an airdrop marketing campaign for Imaginary Ones and Imaginary Rides NFT holders. The airdrop will distribute the undertaking’s native token, BUBBLE coin, which is slated to launch in Q1 of 2024.

Initially established as an IP firm, Imaginary Ones transitioned right into a Web3 leisure firm. The undertaking’s first NFT assortment sold out in 4 minutes in April 2022. 

The agency additionally partnered with style big Hugo Boss in 2023, changing into the primary Asian NFT undertaking to associate with a global style model. The undertaking has since launched two web3 video games, Bubble Rider and Bubble Rangers.

“Imaginary Ones has constructed a sturdy ecosystem, and its collaborations with trade giants similar to Hugo Boss and Samsung are a mirrored image of the corporate’s visionary method to assist bridge the hole between the Web2 and Web3 industries,” mentioned Yat Siu, co-founder and government chairman of Animoca Manufacturers.

The announcement follows Anioca Model’s funding into Imaginary Ones on February 29, 2024. Nevertheless, the worth of the funds invested stays undisclosed.

Apart from Imaginary Ones, Animoca Manufacturers additionally joined hands with BlockPass, a web3 agency constructing KYC options for decentralized platforms. The partnership, introduced on March 15, focuses on addressing issues associated to AI deep fakes and id theft.

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