Web3 venture capital firm Animoca Brands has recently partnered with Imaginary Ones, a Singapore-based NFT project. This collaboration aims to strengthen Imaginary Ones’ tokenomics with the help of Animoca’s expertise and resources, as well as enhance its “go-to-market strategy.” Clement Chia, co-founder of Imaginary Ones, expressed his excitement about this partnership and how it will accelerate their plans to bridge the gap between Web2 and Web3 worlds.

As part of this partnership, Imaginary Ones will be launching an airdrop campaign for Imaginary Ones and Imaginary Rides NFT holders. This airdrop will distribute the project’s native token, BUBBLE coin, which is scheduled to be released in Q1 of 2024. Imaginary Ones, initially an IP company, has transitioned into a Web3 entertainment company and achieved significant success with their first NFT collection selling out in just four minutes in April 2022.

Animoca Brands has been actively expanding its partnerships and investments in the Web3 space. The firm has collaborated with industry giants such as Hugo Boss and Samsung, demonstrating its commitment to bridging the gap between Web2 and Web3 industries. Yat Siu, co-founder, and executive chairman of Animoca Brands, commended Imaginary Ones for its visionary approach and robust ecosystem.

In addition to partnering with Imaginary Ones, Animoca Brands has also joined forces with BlockPass, a web3 firm specializing in building KYC solutions for decentralized platforms. This partnership, announced on March 15, focuses on addressing concerns related to AI deep fakes and identity theft.

Overall, the partnership between Animoca Brands and Imaginary Ones highlights the growing collaboration and innovation within the Web3 space. Stay tuned for more updates on the latest developments in the cryptocurrency and NFT industry on Global Crypto News.