Animoca Brands Invests $30M in Hi Crypto Payments App
3 min read
Animoca Brands Invests $30M in Hi Crypto Payments App
Animoca Brands, a leading mobile gaming company, has recently announced its investment of a whopping $30 million in Hi, a blockchain-based crypto payments application. This move demonstrates the company’s continuous commitment to revolutionizing the gaming industry and embracing the potential of cryptocurrencies.
Hi is set to become a game-changer in the world of payments, providing a decentralized payment network that is not reliant on traditional banking systems. With the recent surge in popularity and usage of cryptocurrencies, such as Bitcoin and Ethereum, Hi aims to capitalize on this trend by providing a seamless and secure platform for users to make transactions.
Animoca Brands’ investment comes at a time when the gaming industry is experiencing significant growth, with more individuals turning to online gaming as a result of the COVID-19 pandemic. The company recognizes the opportunity in integrating cryptocurrencies into the gaming experience, allowing players to make in-game purchases using digital currencies.
By investing in Hi, Animoca Brands aims to strengthen its position in the gaming industry while exploring the potential of blockchain technology. The company has already established itself as a leader in mobile gaming, with popular titles such as “Crazy Defense Heroes” and “The Sandbox”. The integration of cryptocurrencies through Hi will undoubtedly enhance the gaming experience and attract a wider audience.
Hi’s crypto payments application offers numerous benefits to both gamers and developers. One of the key advantages is the elimination of transaction fees, which are typically associated with traditional payment methods. This in turn benefits developers, as they can receive a higher percentage of revenue from in-game purchases.
The secure and transparent nature of blockchain technology ensures that transactions made through Hi are safe, minimizing the risk of fraud or hacking attempts. This level of security is crucial in the gaming industry, where virtual assets and currencies hold significant value.
Another important aspect of Hi’s crypto payments application is its potential to reach a global audience. With cryptocurrencies being borderless and not subject to traditional banking regulations, users from around the world can easily transact without the need for complex currency conversions or intermediaries.
The investment made by Animoca Brands in Hi also showcases the growing interest of established companies in blockchain technology and cryptocurrencies. As the market for digital currencies continues to expand, more businesses are recognizing the potential and seeking ways to integrate them into their operations.
This investment signifies a shift towards decentralization and the disruption of traditional financial systems. With blockchain technology enabling peer-to-peer transactions, users have more control over their finances, reducing reliance on centralized authorities.
Animoca Brands’ decision to invest in Hi is undoubtedly a strategic move to solidify its position as a leader in the gaming industry and explore the possibilities that cryptocurrencies and blockchain technology present. By integrating Hi’s crypto payments application into their gaming titles, the company aims to provide a seamless and secure payment experience for users, ultimately driving the growth of the gaming industry as a whole.
This investment represents a step towards the future, where blockchain and cryptocurrencies are becoming increasingly ingrained in everyday life. With Animoca Brands leading the way in the gaming industry, it is likely that other companies will follow suit, further driving the adoption and integration of cryptocurrencies in various sectors. The potential for decentralized and secure transactions is vast, and it is only a matter of time before the benefits of blockchain technology extend beyond gaming and into other industries as well.
I’m so excited to see the integration of cryptocurrencies in gaming! Kudos to Animoca Brands for leading the way and investing in Hi. The future is bright!
I’m thrilled to see the gaming industry embrace the potential of blockchain technology. Kudos to Animoca Brands for recognizing the opportunities and investing in Hi!
I don’t see the appeal of using digital currencies in the gaming industry.
Animoca Brands’ investment in Hi showcases their foresight into the future. Blockchain technology is the way forward, and they’re setting the standard in the gaming industry. 🚀🔗💡
I highly doubt that integrating cryptocurrencies will enhance the gaming experience.
I’m so sick of hearing about blockchain and cryptocurrencies everywhere I turn.
Giving up traditional banking systems for cryptocurrencies is a risky move that could backfire on Animoca Brands.
This investment is completely unnecessary and a waste of resources.
The investment by Animoca Brands in Hi highlights the growing interest in blockchain technology. It’s amazing to witness the shift towards decentralization and the disruption of traditional financial systems.
This investment by Animoca Brands is paving the way for a more secure and transparent gaming experience. The potential for global transactions through blockchain technology is incredible!
The gaming industry doesn’t need blockchain technology and cryptocurrencies to thrive.
I highly doubt that Hi’s crypto payments application will reach a global audience like they claim.
I’m so impressed by Animoca Brands’ commitment to exploring the potential of blockchain technology. This investment will undoubtedly attract a wider audience and drive the growth of the gaming industry.
I’m so impressed by Animoca Brands’ strategic move to solidify their position in the gaming industry. The integration of Hi’s crypto payments application will truly drive growth and revolutionize the gaming experience. 👏💪🎮
Blockchain technology and cryptocurrencies just seem like buzzwords with no real substance.
Why can’t companies focus on improving the actual games instead of investing in cryptocurrencies?
The future is here! Animoca Brands’ investment in Hi is a testament to their commitment to innovation. The possibilities of blockchain technology in gaming are endless! 🌟🔗
This is just another attempt by Animoca Brands to jump on the cryptocurrency bandwagon.
The combination of gaming and blockchain technology is simply genius! Animoca Brands’ investment in Hi will definitely take the gaming experience to a whole new level. 💪🎮
This move by Animoca Brands is just a desperate attempt to stay relevant in a changing industry.
The secure and transparent nature of blockchain technology is just what the gaming industry needs. Animoca Brands’ investment in Hi is a step in the right direction! 🌐🔐
This investment is a win-win for both gamers and developers! The elimination of transaction fees and the enhanced security will definitely boost the gaming experience. Well done, Animoca Brands! 💪🎮💸
Investing $30 million in a crypto payments application? Sounds like a waste of money to me.
Hi’s crypto payments application is a game-changer indeed! Its borderless and fee-less transactions will open up endless possibilities for gamers around the world. Bravo, Animoca Brands!
Wow! Animoca Brands is really taking the gaming industry to the next level with this investment in Hi. I can’t wait to see the seamless and secure payment experience it will provide!
I love how Animoca Brands is embracing the potential of cryptocurrencies! It’s amazing to see companies revolutionizing industries and exploring new opportunities.
Instead of investing in a crypto payments application, why not invest in helping gamers access more affordable games?
This move by Animoca Brands is so forward-thinking! They are truly revolutionizing the gaming industry and embracing the power of cryptocurrencies!
Hi’s crypto payments application is a game-changer for gamers and developers! The elimination of transaction fees and the secure platform will definitely enhance the gaming experience.
This investment is a huge step towards the future! Animoca Brands is definitely on the right track by investing in Hi. The possibilities of blockchain technology are endless and will benefit not only gaming but other industries as well.
With Animoca Brands leading the way, I have no doubt that other companies will follow suit and embrace cryptocurrencies. The future is decentralized, and blockchain technology is at the forefront of this movement. 💫🌟🔗
How about investing in something more useful instead of cryptocurrencies?
Integrating cryptocurrencies into gaming is a brilliant move, and Animoca Brands is leading the way. Exciting times ahead!
I don’t trust Hi’s crypto payments application. It’s just another way for hackers to steal our money.
This is such an exciting move for Animoca Brands! 💰💪 The integration of cryptocurrencies in gaming is a game-changer, and Hi’s crypto payments application is leading the way! 🚀