Research # 4 : Epic Games Raises $2B for the Metaverse as Animoca Continues Acquisition Spree

UpOnly | Research #4: Epic Games bumper raise and Animoca Brandsโ€™ latest acquisition marks new industry heights

The race for who leads the emerging Metaverse world is heating up. This week, American video developer Epic Games raised $2 billion to pursue its Metaverse ambitions. Play-to-earn heavyweight Animoca Brands also doubled down on the industry with the acquisition of traditional game developer Eden Games. On a slightly negative note, BNBChain-based play-to-earn game WonderHero lost over $320,000 to a security breach.

This weekโ€™s UpOnly | Research brings you a comprehensive roundup of these developments. Notably, the Epic Games bumper raise makes it the latest game developer to outline clear visions for a Metaverse-rich future. This reinforces public confidence that the Metaverse is not just a passing fad, but a quickly-approaching reality.

Continue reading : https://uponlyofficial.substack.com/p/epic-games-raises-2b-for-the-metaverse?s=r

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