[NEWS] KDDI and Animoca Brands partner in the Web 3.0 field

KDDI and Hong Kong-based Animoca Brands announced on the 5th that they will collaborate in the Web 3.0 field. The collaboration will involve the wallet business of Animoca Brands' Web 3.0 platform "Mocaverse" and KDDI's metaverse/Web 3.0 service "αU".

In this initiative, the companies will consider linking "MocaID" and "αU wallet" to allow αU wallet users to access Web 3.0 content such as games, entertainment, and culture within Mocaverse.

In addition to Mocaverse, they will also consider linking Animoca Brands' IP and Web 3.0 content with αU, such as selling NFTs of the blockchain game "Phantom Galaxy" on "αU market".

Through the collaboration between Mocaverse and αU, Animoca Brands and KDDI will provide Japanese users with an environment where they can enjoy Web 3.0 games, culture, and entertainment more seamlessly.

Kensuke Amano, vice president and COO of Animoca Brands Japan, said, "This collaboration is the beginning of realizing the concept of Web 3.0, where each person has a wallet and connects to various applications individually, building a bridge between Japan and the world."

Shunpei Tatebayashi, head of the Web 3 Promotion Department of KDDI's Business Creation Headquarters, said, "I believe that the power of content will play an important role in spreading Web 3.0 services more widely." He added, "Through this basic agreement, we will create an environment where even first-time users can easily experience Web 3.0 services and provide a new experience."

KDDI and Animoca Brands Trends

KDDI launched and operates the metaverse/Web 3.0 service "αU" for the world in March 2023, which includes metaverse, live streaming, and virtual shopping.

The company offers a wallet called "αU wallet" that can manage NFTs and crypto assets, an NFT marketplace called "αU market," an entertainment experience in the metaverse called "αU metaverse" where you can enjoy conversations with friends, a high-quality 360-degree free viewpoint live music with cloud rendering called "αU Live," and a virtual store that reproduces a real store called "αU Place" where you can enjoy shopping.

Meanwhile, Animoca Brands is a leading company in the Web 3.0 field, investing in blockchain games, metaverse, DeFi, wallets, etc. in countries around the world. In Japan, it established Animoca Brands Japan as a strategic subsidiary to support the global expansion of Japanese intellectual property and IP holders.

Currently, Animoca Brands and Animoca Brands Japan are promoting corporate and service collaborations using DID and point systems with Mocabus as the core, and supporting the entry into the Web 3.0 field and global expansion.

Mocabus started as Animoca Brands' official membership NFT project, and has evolved into a growth infrastructure for various Web 3.0 services with the vision of "building the world's largest cultural economy" on the blockchain.

Animoca Brands' subsidiary Blowfish Studio also operates the blockchain online multiplayer sci-fi action RPG "PHANTOM GALAXIES."

Reference:Announcement
Image: Quoted from the announcement

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