NFT Launchpad On Its Way To Japan

Will Animoca Brands Announce An NFT Launchpad?

Animoca Brands, Japan is set to launch its NFT Launchpad by the summer of 2024. It intends to connect web3 projects in Japan with the crypto market worldwide. 

Let’s understand in detail:

Release Date of New NFT Launchpad – 

Animoca Brands, a venture capital firm, is set to launch a new platform for Non-Fungible Tokens (NFTs) in association with Singapore-based NFT project Imaginary Ones by early May 2024. This platform will help people who create NFTs and their projects by providing them support in selling their NFTs and in planning their sales and marketing strategies.

The company has already started receiving applicants for their new NFT Launchpad. Animoca Brands, in collaboration with over 400 partner companies, has the potential to engage with more than 700 million users worldwide.

 The Japan division of Animoca Brands is instrumental in promoting the global expansion of Japanese intellectual property and content creators within the web3 domain. Recently, the company has initiated comprehensive support for foreign projects that are operational within Japan. 

This NFT Launchpad will certainly shed light on the company’s commitment to the global expansion of the web3 ecosystem.

Animoca Brands and Its Partnership 

Animoca Brands has entered into various partnerships to support its presence in the digital entertainment and Web3 space. The company has joined forces with Hong Kong HashKey Exchange (Yes! The one that challenged Coinbase recently 😉 ) to foster advancements in virtual assets, including the potential listing of specific assets on HashKey Exchange. This move could positively impact Animoca Brands Stock in the future. At present, the Animoca Brands Stock price is $0.18. 

In the past, the company has also partnered with Hugo Boss, marking its entry as the first Asian NFT project to collaborate with an international fashion brand. 

Now, Animoca Brands is set to invest in Imaginary Ones, a company planning an airdrop campaign for its NFT holders. This NFT Launchpad project aims to enhance Animoca Brand’s tokenomics.

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Disclaimer: This post is intended solely for informational purposes and should not be taken as legal, tax, investment, financial, or any other form of advice. Although all the information provided is true to the best of our knowledge, it is advisable to research well before making any kind of investments or decisions in general. The team of ReadingCrypto bears no responsibility in the event of any adverse outcomes.

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