Animoca Brands: How AI Helps Make Money and Save Costs
In the fast-changing world of technology and money, companies are always looking for new ways to make more money and spend less. Animoca Brands, a big player in digital games and blockchain, has shown how using AI can really help. By using AI to make their operations better, Animoca Brands saved 12% on costs and made a lot more money[2][4]. Let’s look at how they did it and what it means for the tech industry.
Making More Money with AI
Animoca Brands made $314 million in bookings in 2024, which is 12% more than the year before[2][5]. This is because they used AI to make their operations more efficient and save money. By using AI, Animoca was able to cut their operating costs by 12%, from $246 million in 2023 to $217 million in 2024[2]. This helped them make more money and be more competitive in a tough market.
Many Ways to Make Money
Animoca Brands makes money in many ways. One way is through their Digital Asset Advisory (DAA) business, which helps people with digital assets. This part of their business made $165 million in 2024, which is 116% more than the year before[2]. This shows that Animoca is good at taking advantage of new trends in digital assets and blockchain technology.
Working with Others to Use AI Better
Besides trying to save money, Animoca Brands has also been working with other companies to use AI better. In the last quarter of 2024, they worked with AI platform Virtuals and FLock.io, a community-driven AI platform[2]. These partnerships show that Animoca is always looking for new ways to use AI to grow.
Looking Ahead
In the future, Animoca Brands is expected to keep growing, especially if the US becomes more friendly to crypto[3][4]. The company’s co-founder, Yat Siu, thinks the future looks good because of changes in the rules[4]. As technology keeps changing, companies like Animoca are in a good position to take advantage of new opportunities in AI, blockchain, and digital assets.
Using AI to Make Money and Save Costs
In short, Animoca Brands’ story shows how using AI can help companies make more money and save costs. By using AI, companies can not only make more money but also be ready for the future in a world where technology is always changing. As the tech industry keeps growing, using AI in the right way will be very important for companies that want to succeed.
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