Animoca Brands has invested in over 400 companies in the Web 3.0 field. Kensuke Amo, vice president and COO of the company, which has a corporate value of 800 billion yen, talked about how the Web 3.0 field will develop after 2024.
Animoca Brands, a leading company in the Web 3.0 industry
Animoca Brands is known as a well-known investment company in the Web 3.0 industry, but could you tell us more about your business?
Kensuke Amo (hereinafter, Amo): Animoca is a Web 3.0 company based in Hong Kong, and in its investment business, it has invested in more than 400 Web 3.0 companies at various layers.
It also develops Web 3.0 products as a standalone business, and its current corporate value is 800 billion yen. Simply put, it is a company that has been at the center of the Web 3.0 industry for the past few years and has grown rapidly.
Animoca Brands Japan (company name: Animoca Brands Co., Ltd.) is a strategic subsidiary that Animoca established to support the global expansion of Japanese intellectual property and IP.
Currently, in addition to supporting the Web 3 utilization of IP such as Japanese manga and anime, we are also engaged in advisory business such as designing tokenomics (designing an economic sphere centered on tokens) and providing marketing support, utilizing the assets of Animoca headquarters.
In addition, in terms of collaboration with Animoca headquarters, we will also proceed with the expansion of Mocaverse, a focus project, into the Japanese market.
What kind of project is Mocaverse?
Amo: Animoca is a membership NFT company. It is a Web 3.0 platform that maximizes the network effect by connecting the 400+ companies and projects it invests in and the 700 million users it brings together to build the world's largest cultural economy.
It uses DID (decentralized ID: an ID system that uses blockchain technology) to enable the linking of various services.
