Animoca Manufacturers acquires motorsports sport developer Grease Monkey Video games | e27

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Animoca Manufacturers, a Hong Kong-based video games writer and VC agency centered on open metaverse, has accomplished the 100 per cent acquisition of Melbourne-based indie motorsports sport developer Grease Monkey Video games.

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The deal dimension hasn’t been disclosed. It should permit Animoca Manufacturers to learn from Grease Monkey’s important sport growth capabilities and experience. To date, Grease Monkey has logged 45 million downloads throughout each cell and PC worldwide.

The present administration of Grease Monkey Video games will proceed to function the corporate after the association, said within the official announcement.

Its crew will work intently with Animoca Manufacturers to align efforts referring to blockchain integration, fungible tokens, non-fungible tokens, play-to-earn (P2E) capabilities, synergy alternatives, and product launches. Animoca Manufacturers owns the REVV Motorsport ecosystem, whose all tiles are primarily based across the idea of P2E.

Additionally learn: How play-to-earn is fueling the next wave of blockchain adoption

Based in 2014 by Yat Siu, Animoca Manufacturers has a rising portfolio of greater than 150 investments in NFT-related firms and decentralised initiatives contributing to constructing the open metaverse. Its investments embody Axie Infinity, OpenSea, Dapper Labs (NBA Prime Shot), Yield Guild Games, Concord, Alien Worlds, and Star Atlas.

Animoca Manufacturers additionally owns a number of subsidiaries, together with The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Bondly, and Lympo.

Launched in 2013 by Arran Potter, a veteran of the video visible results business, Grease Monkey Video games develops motorsports video games, connecting online game lovers and motorsport followers worldwide. The driving sport Torque Burnout and drifting sport Torque Drift are its distinguished unique IP gaming titles.

Grease Monkey Video games mentioned it has an intensive portfolio of licensed partnerships with automobile producers together with Nissan, Toyota, Ford, and BMW, and aftermarket components producers together with Hyperlink ECU, Wilwood, and Mishimoto.

This February, Animoca Manufacturers introduced its partnership with international enterprise accelerator Brinc to launch Guild Accelerator Programme, aiming to allow hundreds of thousands of individuals worldwide to generate earnings by collaborating within the P2E gaming ecosystem.

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Picture Credit score: Animoca Manufacturers

The put up Animoca Brands acquires motorsports game developer Grease Monkey Games appeared first on e27.

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