Hong Kong’s latest tech unicorn Animoca Brands is betting big on video game NFTs

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  • South China Morning Post published this video item, entitled “Hong Kong’s latest tech unicorn Animoca Brands is betting big on video game NFTs” – below is their description.

    Animoca Brands, a tech company recently valued at more than US$1 billion, is pioneering the integration of non-fungible tokens, or NFTs, in video games. NFTs are a blockchain-recorded ledger of who created and owns a specific gaming asset, a new technology that Animoca chairman and co-founder Yat Sui thinks can revolutionise the video game industry.

    Related story:

    The new world of NFTs and crypto art, where digital works sell for millions https://sc.mp/a48c

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    China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes the former nations of Tibet and Hong Kong. The capital is Beijing.

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