Animoca Brands has announced the launch of a new gaming token, created based on the Runes standard, called BLIF. This token will become a key asset in the Opal Protocol project. The token implementation is supported by several major platforms, including Magic Eden, Xverse, HorizenLabs, and ALEX.

According to Vincent Marty, Director of Investment Products at Darewise

Animoca Brands is aiming to capture a portion of the Web3 market, which is forecasted to grow from $3.19 billion in 2024 to $16.3 billion by 2028. This indicates a great interest in the company’s development and implementation of new technologies in the gaming sector.

Animoca Brands has also announced a partnership with Saakuru Labs

Developer of the second-layer network Saakuru, to create and implement Web3 games. This collaboration aims to expand opportunities and enhance the gaming experience within the new blockchain ecosystem.

In addition, Animoca Brands previously reported significant investments in the TON Network, making it the largest validator of this blockchain platform. This role strengthens the company’s position in the blockchain and Web3 ecosystem, highlighting its strategic focus on innovation and technology development.