Animoca Brands, a digital entertainment firm affiliated with GameFi through blockchain technology, has announced the purchase of popular French game studio Eden Games. Eden Games has racing titles and series like Need for Speed and F1 Mobile Racing that gamers love. Animoca Brands has bought an entire stake in Eden Games.
Eden Games was owned by Engine Gaming and Media, which deals with e-sports content, streaming technology, gaming platforms and data analytics through its subsidiaries. Eden Games started about 24 years ago and has sold over 13 million gaming boxes. Its apps have been downloaded more than 60 million times. Its racing stimulator was a racing game qualifier for the popular e-sports TV show, World’s Fastest Gamer. This TV show became popular in many countries.
In addition, Eden Games has long-term partnerships in the automotive industry with strong brands such as BMW, Porsche and Lotus. Animoca Brands acquired mobile game developer Grease Monkey earlier this year. Animoca Brands hopes that Eden Games’ expertise will help it move forward in blockchain games. Besides that REVV Motorsport Will also work on existing and new titles.
Yat Siu, Co-Founder, Animoca Brands, said, “Eden Games has a wealth of experience in quality motorsport video games. This will help grow REVV Motorsport and add value to the REVV community.” As trading of cryptocurrencies has increased over the past few years, blockchain gaming has also gained momentum. The valuations of the firms making these games are increasing. Competitions related to these games are also being organized. Attractive rewards are given to the gamers who take part in them. NFT technology network Guardianlink has also announced its foray into NFT gaming. The firm will launch the first play-to-earn cricket game. In this, a user will be able to do activities like making his own NFT and designing the stadium. Guardianlink recently secured an investment of $12 million in a funding round led by Kalaari Capital.