Animoca Brands: Soaring High with AI
Imagine a company that’s not just keeping up with the times, but leaping ahead. That’s Animoca Brands for you! This clever company has been using artificial intelligence (AI) to make its operations smarter and more cost-effective. Let’s find out how Animoca Brands is turning the digital world into its playground.
Growing Strong with AI’s Help
Animoca Brands has been making waves in the digital world. In 2024, its bookings, which is like a record of its sales, reached a whopping $314 million! That’s a 12% jump from the previous year[1][3]. Even with the ups and downs in the crypto world, Animoca Brands has managed to keep growing. Its Digital Asset Advisory (DAA) business was a real star, bringing in $165 million, which is more than double the amount from the year before[1][3].
But here’s the cool part: Animoca Brands didn’t just grow; it also found ways to save money. Thanks to AI, the company managed to cut its operating expenses by 12%, from $246 million in 2023 to $217 million in 2024[1][3]. That’s like having a smart helper who knows how to make things run smoother and cheaper!
A Business That’s Like a Tree with Many Branches
Animoca Brands has a secret to its success: it doesn’t put all its eggs in one basket. The company has many subsidiaries and projects, like Mocaverse, The Sandbox, Open Campus, and GAMEE, that contributed $110 million to its bookings[3]. Plus, its investment activities brought in another $39 million[3]. Having many ways to make money helps the company stay strong, no matter what challenges come its way.
AI: The Magic Wand
Animoca Brands isn’t just using AI to save money; it’s also using it to create amazing new things. The company worked with FLock.io to launch HeyAni, an AI-powered platform that helps people make better decisions about investing in Web3[5]. This platform uses something called federated learning to give useful feedback to both the people who start projects and the people who invest in them[5]. Isn’t that neat?
Looking Ahead with Hope
As we look to the future, Animoca Brands has reasons to be excited. With a more friendly environment for crypto in the U.S. and its smart use of AI, the company is ready to keep growing in 2025 and beyond[1][4]. Using AI not only helps the company work better, but it also inspires everyone to keep thinking of new and creative ideas. That’s why Animoca Brands is sure to stay at the top of the digital asset and blockchain world.
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Sources:
– Cointelegraph
– Blockchain Gamer
– Coin Central