Animoca Brands subsidiary Darewise Entertainment announces strategic engagement with Horizen Labs as it sets to launch first metaverse ecosystem token on Bitcoin

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Horizen Labs and Darewise Entertainment have entered a strategic partnership for the provision of technical token, development, and consulting services. Horizen Labs is a division of Animoca Brands and is the driving force behind the Life Beyond Gaming Metaverse. Horizen Labs will assist Darewise Entertainment in realizing its goal of releasing the first-ever metaverse token for the Bitcoin ecosystem. Horizen Labs previously offered smart contracts and token strategy guidance in relation to the launch of ApeCoin (APE).

Life Beyond, the first gaming metaverse, plans to use the token for in-game assets, virtual lands, and other things. Darewise Entertainment will soon introduce a token that will be the first of its kind to power a whole ecosystem on Bitcoin for gaming, brands, and IRL events.

Yat Siu, the co-founder and executive chairman of Animoca Brands, commented on the strategic partnership: “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.”

Some of the most seasoned teams in the Web3 field include Horizen Labs, a pioneer in blockchain and tokenized experiences, and the Darewise Entertainment team made up of AAA gaming professionals with the assistance of the Animoca Brands network.

Horizen Labs, an organization founded in 2019, is committed to creating a more secure and just digital environment at the center of the decentralization movement. The company aims to secure the global switch to Web3 with unwavering dedication. In order to enable programmable, scalable blockchains and protocols, Horizen Labs brings to the table strong expertise in zero-knowledge cryptography and designing critical Web3 tools and features.

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Benjamin Charbit, co-founder and CEO of Darewise Entertainment, added: “We’re still in the early innings, but the potential for Bitcoin to become more than just a store of value is immense. To achieve that potential, we need to roll up our sleeves and build, and that’s the essence of our partnership with Horizen Labs. We’re joining forces to contribute to the foundational infrastructure that the Bitcoin ecosystem needs to truly flourish. This is about collaboration, community, and contributing to a collective effort that could redefine the digital landscape.”

Horizen Labs will contribute to the expansion of the Ordinals ecosystem by providing a variety of technological services, including guidance on tokenomics and the development of essential tools and apps.

Vincent Marty, chief product officer at Darewise Entertainment, emphasized: “Over the next few months, we will unveil a lot of technological breakthroughs we have been working on that will power not only Life Beyond Chapter 1 2024 but also metaverses and games around the world. We are working tirelessly to make sure we will have true utility in this ecosystem when our token is launched.”

Robert Viglione, CEO of Horizen Labs, noted: “We are beyond thrilled to be working with Darewise Entertainment and Animoca Brands on this project. Our long history with Bitcoin, from which the Horizen ecosystem grew, makes this an inspiring project for us to contribute to. We look forward to working with the excellent Life Beyond team and bringing our expertise to this important technological innovation within the space. We can’t wait to push the Bitcoin, Ordinals ecosystems forward while expanding the footprint of our work at Horizen.”