HomeNEWSAnimoca Brands emerges new validator on ZetaChain

Animoca Brands emerges new validator on ZetaChain

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ZetaChain has announced the inclusion of Animoca Brands to its list of validators. The development surfaced through an announcement by Animoca Brands released on Tuesday.

In the announcement, the firm described ZetaChain as the first universal blockchain. More so, Animoca Brands disclosed that the partnership is aimed at ensuring the global adoption of virtual assets. 

Furthermore, Animoca Brands tagged the collaboration as one that brings together two industry leaders that are well-known for their contribution to numerous aspects of the blockchain and cryptocurrency landscape. According to the statement, the partnership is aimed at advancing easy multi-chain connectivity. 

Describing itself as a company advancing digital property rights for gaming and the open metaverse, Animoca Brands illustrated how the partners will leverage the firm’s expertise to actualize their goals. Consequently, the firm added that the synergy with ZetaChain will foster the swift and easy development of innovative omnichain dApps in a secure and trustless environment. 

Additionally, the firm discussed how it will work alongside ZetaChain to design decentralized apps that allow users to manage native assets and data across numerous networks without switching blockchains. As part of the partnership, ZetaChain will now offer the portfolio companies of Animoca Brands access to more than 3.5 million wallets on the network. 

Likewise, the collaboration will also allow Animoca Brands portfolio companies to have access to its ZetaChain Ecosystem Growth Program. Through this initiative, emerging projects will have access to grants, incentives, and community campaigns that will enhance their growth and ensure stability. 

Before integrating with ZetaChain, Animoca Brands worked with different blockchain networks as a validator. 

Reaction To The Partnership Between ZetaChain And Animoca Brands 

Meanwhile, the co-founder and executive chairman of Animoca Brands, Yat Siu provided additional insight into the partnership. According to the executive, the firm is excited to become a validator on the “first universal blockchain.” 

Yat Siu established that ZetaChain has proved efficient in ensuring multi-chain connectivity. More so, the executive added that the synergy will further drive the mission of Animoca Brands to contribute to the advancement and decentralization of the broader Web3 ecosystem. 

Similarly, a core contributor of ZetaChain, Ankur Nandwani revealed how the collaboration with Animoca Brands will open up more opportunities for the firm. Lastly, the expert added that more than 540 firms within the Animoca Brands investment portfolio can now explore the ZetaChain ecosystem. 

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David Idowu
David Idowu
David Idowu is a crypto reporter and trader with wealthy years of experience. He believes that blockchain technology has numerous opportunities that are begging for proper utilization. Away from work, David is either reading about World Politics, History or Tech Innovations.

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