Animoca Brands subsidiary Darewise Entertainment has announced a strategic engagement with Horizen Labs for technical token, development and consulting services. Horizen Labs will assist Darewise with its vision of launching a metaverse token for the Bitcoin ecosystem.
Darewise’s upcoming token will power a full ecosystem on Bitcoin for brands, gaming, IRL experiences, and Life Beyond as a gaming metaverse that’ll utilise the token for in-game assets, virtual lands and more.
The Darewise Entertainment team is composed of AAA gaming veterans with the support of the Animoca Brands network, and Horizen Labs, representing some of the most experienced teams in the Web3 space.
Yat Siu, co-founder and executive chairman of Animoca Brands commented on the strategic partnership, “With the advent of the Ordinals protocol, we’re witnessing a pivotal moment for Bitcoin as it extends its reach and introduces the concept of culture. High-quality gaming is one of the keys to mass adoption, and we’re thrilled that our AAA studio Darewise Entertainment is working on this untapped opportunity in partnership with Horizen Labs, a pioneer and expert in its field.”
A new ecosystem token
Outside of its strategic partnership with Darewise, Horizen Labs is committed to securing the world’s transition into Web3. The company brings solid expertise in building Web3 tools and features that enable programmable and scalable blockchains.
Robert Viglione, CEO of Horizen Labs said, “We are beyond thrilled to be working with Darewise Entertainment and Animoca Brands on this project. Our long history with Bitcoin, from which the Horizen ecosystem grew, makes this an inspiring project for us to contribute to. We look forward to working with the excellent Life Beyond team and bringing our expertise to this important technological innovation within the space.”
The company will provide technical services, consultation on tokenomics, as well as the buildout of important tools and applications to further the Ordinals ecosystem.
Benjamin Charbit, co-founder and CEO of Darewise Entertainment said, “We’re still in the early innings, but the potential for Bitcoin to become more than just a store of value is immense. To achieve that potential we need to roll up our sleeves and build, and that’s the essence of our partnership with Horizen Labs.”
Isa Muhammad is a writer and video game journalist covering many aspects of entertainment media including the film industry. He's steadily writing his way to the sharp end of journalism and enjoys staying informed. If he's not reading, playing video games or catching up on his favourite TV series, then he's probably writing about them.
