Tuesday, 6 August 2019

Digital collectibles market seeing renaissance as platform targeting superfans scores ~$8M acquisition @TheBlock__ #Adoption #Blockchain #Gaming #Mergers & Acquisitions #blockchain #Collectibles #cryptokitties #harmony

The world of digital collectibles like CryptoKitties may appear to be a quirky game, but the business moguls backing them aren’t playing around – and they expect to win big.

Animoca, a mobile gaming firm listed the Australia...

The world of digital collectibles like CryptoKitties may appear to be a quirky game, but the business moguls backing them aren’t playing around – and they expect to win big.

Animoca, a mobile gaming firm listed the Australian Stock Exchange, has paid approximately $8 million to acquire Quidd, a digital collectible startup pitched as the “world’s leading marketplace” for ledger-based memorabilia. Joining Animoca as a strategic technology and financial partner in the acquisition is Harmony, a blockchain firm whose token is in the running to be listed on Coinbase.

Launched in 2017, Quidd raised $13 million in its Series A from VC giants like Sequoia.

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source https://www.tokentalk.co/The Block/digital-collectibles-market-seeing-renaissance-as-platform-targeting-superfans-scores-8m-acquisition-5d4a2a1118b5100e6a798a18

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