ASX-listed games maker Animoca Brands is to develop a MotoGP-branded race management game.
In a press release on Thursday, Animoca said the freshly inked deal gives it a three-year global licensing agreement with MotoGP rights holder Dorna Sports to develop and publish the game and related digital collectibles.
The firm also revealed that it’s raised 1 million Australian dollars (over US$676,000) to fund the game’s development and other “business opportunities.” Investors included Moses Tang, founder of AP Capital and founding chairman of Goldman Sachs Asia Pacific, as well as Animoca co-founder and chairman Yat Siu, subject to shareholders’ approval.
The motorbike race manager-themed game will harness blockchain tech and custom smart contracts to allow players to buy, collect and exchange collectibles that will be included in the game’s storyline. Read More...