Animoca Brands-backed Darewise Partners with Horizen Labs to Launch First Bitcoin Metaverse Token
In Brief
Darewise Entertainment, supported by Animoca Brands, joins forces with Horizen Labs to introduce the world’s first Bitcoin metaverse token.
The partnership aims to revolutionize gaming and digital interactions, with the token finding its primary use in the Life Beyond metaverse.
Darewise Entertainment, a subsidiary of Animoca Brands and Web3 gaming company behind the Life Beyond metaverse, has partnered with Horizen Labs to launch the pioneering metaverse ecosystem token for the Bitcoin network. Horizen Labs previously offered guidance on smart contracting and token strategy for the ApeCoin (APE) launch.
The partnership aims to introduce the world’s first metaverse ecosystem token for the Bitcoin network, opening new horizons for gaming, brands, and real-world interactions. The upcoming token will primarily be used in Life Beyond. Gamers and enthusiasts can use the token for in-game items, virtual properties, and various experiences within the platform.
Yat Siu, co-founder and executive chairman of Animoca Brands, highlighted his enthusiasm for Bitcoin’s evolution, driven by the Ordinals protocol:
“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.”
In addition, Vincent Marty, chief product officer at Darewise Entertainment, hinted at forthcoming technological breakthroughs that will not only power Life Beyond Chapter 1 in 2024 but also benefit metaverses and games worldwide.
Horizen Labs will contribute technical services, tokenomics consultation, and the development of crucial tools and applications to enhance the Ordinals ecosystem. Founded in 2019, the company aims to create a safer and fairer decentralized digital world. Horizen Labs has expertise in zero-knowledge cryptography and developing vital Web3 tools, enabling programmable, scalable blockchains and protocols.
Read more:
- Blockchain gaming giant Animoca Brands raises $110 million
- Ordinals Market, XVerse and Bitcoin Miladys Team Up to Launch BRC-721E Token Standard
- Magic Eden Launches Marketplace for Bitcoin Ordinals
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About The Author
Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.
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Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.
