Animoca Brands Announces Participation in the Celo Mobile Ecosystem for the Expansion of Web3 Gaming

Animoca Brands joins the Celo mobile focused ecosystem by becoming a validator and member of the Alliance for Celo Prosperity. Discussions are underway between the Celo Foundation and his leader at Blockchain Games to collaborate on various strategic initiatives with a focus on climate action and social issues impact.

Animoca Brands has officially announced that it will join the Celo ecosystem to further expand the adoption of Web3 mobile games.

Leading blockchain gaming investment firms join the ecosystem by becoming validators and joining Celo’s Alliance for Prosperity. By becoming a validator, Animoca joins the likes of a16z, Coinbase Ventures, Deutsche Telekom, and others to strengthen the network’s security. According to a press release, joining the Alliance for Prosperity means Animoca will become “the first entertainment and gaming steward” among over 100 members, all of whom are committed to “financial inclusion, innovative project development, It is working in line with the same goal of “spreading the mainstream adoption of blockchain technology through its efforts in , and local and regional blockchain education campaigns.”

In addition to these two ways of participation, Animoca and the Celo Foundation will also consider collaborating on a range of strategic initiatives, exploring “new developments and integrations” aimed at climate action and social impact. I’m here.

Yat Siu, co-founder and executive chairman of Animoca Brands said:

“We are thrilled to join the Celo ecosystem, which is deeply committed to last-mile solutions and practical implementation of Web3 in a truly global manner. In our joint efforts, we look forward to working with the Celo Foundation on new ideas that can have a positive impact and change the world.”

Celo is a mobile-focused, carbon-negative, EVM-compatible blockchain that enables the creation of sustainable and eco-friendly products through the use of Web3 tools in over 1,000 projects across 150 countries. We promote change countermeasures and social impact.

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In addition to its mobile-focused focus on accessibility, Celo also features a simple native wallet and user-friendly dApps to enable seamless P2P mobile payments, using local stable assets instead of blockchain. It also has the ability to pay transaction fees native token. Since the Earth Day mainnet launch in 2020, he has had over 240 million transactions so far, offsetting him 4,104 tons of tCO2 equivalent.

Rene Reinsberg, co-founder of Celo and chairman of the Celo Foundation, added:

“The Celo ecosystem, known for mobile and impact, welcomes Animoca Brands, a respected industry leader known for pioneering projects in digital entertainment and gaming, who have contributed significantly to bringing people to Web3. Animoca Brands’ mission to promote a more equitable digital framework aligns well with Celo’s mission to create the conditions for prosperity for all.We have combined our community to create the next 10 We want 100 million users to join Web3.”


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