Welcoming Animoca Brands to the Celo Ecosystem

Today, we’re pleased to announce that Animoca Brands, the company advancing digital property rights for gaming and the metaverse, joins the Celo ecosystem to scale up Web3 gaming in a shared effort to drive social impact and climate action by leveraging innovative Web3 tools.

“We are thrilled to participate in the Celo ecosystem, which has been deeply committed to last-mile solutions and real-world adoption of Web3 in a truly global manner,” says Yat Siu, co-founder and executive chairman of Animoca Brands. “We also look forward to collaborating with the Celo Foundation on new ideas that can drive positive impact and change in the world in a collective effort to build trust in blockchain technology.”

“The Celo ecosystem welcomes Animoca Brands,” says Rene Reinsberg, Celo co-founder and Celo Foundation president. “[They have] done so much for onboarding people to Web3 as a respected industry leader known for its pioneering projects in digital entertainment and gaming… with our combined communities, we hope to onboard the next billion users into Web3.”

Animoca Brands joins Celo’s Alliance for Prosperity as the first entertainment and gaming steward among Celo’s over 100 members committed to the mainstream adoption of blockchain technology. They will also become a validator on Celo to support the network’s security, joining Deutsche Telekom, Coinbase Ventures, and a16z, among others.

Additionally, Animoca Brands and the Celo Foundation are in discussion to partner on strategic initiatives and to explore new deployments and integrations geared towards social impact and climate action.