Animoca Brands: How AI Helps Make More Money and Save Costs
In the fast-changing world of technology and money, companies are always looking for new ways to make more money while spending 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 work better, Animoca Brands saved 12% on costs and made much more money[2][4]. Let’s look at how they did it and why AI is so important in tech.
Making More Money with AI
Animoca Brands made $314 million in bookings in 2024, which is 12% more than the year before[2][5]. They did this by using AI to make their work more efficient and save money. By using AI, they 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, like helping with digital assets, supporting projects they believe in, and investing. Their digital asset advisory business did especially well, making $165 million, which is 116% more than the year before[2]. This shows that they know how to take advantage of new trends in digital assets and blockchain.
Working with Others to Use AI Better
Animoca Brands also works with other companies to use AI even better. In late 2024, they made a deal with an AI platform called Virtuals and worked with FLock.io, a community-driven AI platform[2]. These partnerships show that Animoca Brands wants to keep learning and growing with AI.
Looking Ahead
Animoca Brands thinks they will keep making more money, especially if the US becomes more friendly to crypto[3][4]. Their co-founder, Yat Siu, thinks the future looks good because of changes in the rules[4]. As technology keeps changing, companies like Animoca Brands are ready to take advantage of new opportunities in AI, blockchain, and digital assets.
Using AI to Grow and Save Money
In short, Animoca Brands shows us that using AI can help companies make more money and save costs. By using AI in smart ways, companies can do better in the long run and keep up with changes in technology. As the tech world keeps changing, using AI will be very important for companies that want to succeed.
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