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hi and Animoca Brands Enter Strategic Partnership for Web3 Financial Super App

hi and Animoca Brands Enter Strategic Partnership for Web3 Financial Super App

Web3 financial super app “hi” and Animoca Brands enter strategic partnership

Web3 financial super app “hi” and gaming company Animoca Brands have formed a strategic partnership, with Animoca investing $30 million in hi. The collaboration will focus on various initiatives to enhance the utility of fungible tokens and NFTs in the Web3 space. The partnership will also involve deep integration between Animoca’s ecosystem and hi’s services, aiming to drive Web3 mass adoption. One of the key outcomes will be the development of a unique-human authentication mechanism through hi’s innovative Proof of Human Identity (PoHI) solution. Additionally, users will be able to directly spend and be rewarded with specific tokens from the Animoca ecosystem, such as SAND, EDU, APE, REVV, GMEE, and more.

Key points:

  • Animoca Brands is investing $30 million in hi, forming a strategic partnership.
  • The collaboration aims to amplify the utility of fungible tokens and NFTs in the Web3 space.
  • Deep integration between Animoca’s ecosystem and hi’s services will drive Web3 mass adoption.
  • The partnership will develop a unique-human authentication mechanism through hi’s Proof of Human Identity (PoHI) solution.
  • Users will be able to directly spend and be rewarded with specific tokens from the Animoca ecosystem.

Hot Take

The strategic partnership between Web3 financial super app “hi” and Animoca Brands is a significant step towards enhancing the adoption and utility of cryptocurrencies and NFTs. With Animoca’s expertise in the NFT space and hi’s innovative services, this collaboration has the potential to drive the mainstream use of blockchain technology. The development of a unique-human authentication mechanism and the ability to spend and be rewarded with specific tokens will provide users with new and exciting opportunities in the Web3 ecosystem. Overall, this partnership showcases the growing importance and potential of the Web3 space in revolutionizing finance and gaming.

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hi and Animoca Brands Enter Strategic Partnership for Web3 Financial Super App