Animoca Brands: Jumping Ahead with Smart Thinking
Imagine a company that’s not just keeping up with the times, but leaping ahead. That’s Animoca Brands for you! They’ve been using something called artificial intelligence (AI) to make their business better and stronger. Let’s find out how they’ve done it.
Growing Revenue and Saving Money with AI
Animoca Brands made a whopping $314 million in bookings last year, which is 12% more than the year before[1][3]. That’s really impressive, especially when you consider that the market they’re in can be quite challenging. Their Digital Asset Advisory (DAA) business was a real star, bringing in $165 million, which is 116% more than the year before[1][3].
But here’s the really interesting part: they did all this while spending 12% less on operating expenses[1][3]. That’s because they used AI to find ways to save money. For example, AI can help them make better decisions about where to invest their money and where to cut back.
Mixing Things Up for Success
Animoca Brands doesn’t put all its eggs in one basket. They have lots of different businesses, like Mocaverse, The Sandbox, Open Campus, and GAMEE. These brought in $110 million last year[3]. They also make money by investing in other things, which brought in another $39 million[3]. Having all these different ways to make money helps them stay strong, no matter what happens in the market.
AI: More Than Just Saving Money
Animoca Brands isn’t just using AI to save money. They’re also using it to do new and exciting things. They worked with FLock.io to create HeyAni, an AI platform that helps people make better decisions about investing in Web3 things[5]. This platform uses something called federated learning to give people real-time insights about business plans and tokens. It’s like having a smart friend who’s always there to help!
Looking Ahead with Confidence
Animoca Brands is looking to the future with confidence. They think that with a more friendly environment for crypto in the U.S. and their smart use of AI, they’ll keep growing and doing well in 2025 and beyond[1][4]. Using AI not only helps them work more efficiently, but it also helps them come up with new and exciting ideas. That’s why we think Animoca Brands will keep being a leader in the digital asset and blockchain world.
Sources: Cointelegraph, Blockchain Gamer, Coin Central