Animoca Brands Invests in Decentralized RTK Network GEODNET to Develop Mixed Reality Games and Immersive Experiences
Animoca Brands, a leading blockchain gaming company, has announced its investment in GEODNET, a decentralized real-time kinematics (RTK) network, to promote the development of mixed reality games and immersive experiences. The partnership aims to integrate precise positioning technology into Moca Network, a consumer network project owned by Animoca Brands.
Yat Siu, co-founder and executive chairman of Animoca Brands, stated that GEODNET’s positioning technology will open up new possibilities for mobile and gaming experiences. By leveraging this technology, developers can create mixed reality applications that seamlessly blend the digital and physical worlds. The collaboration between Animoca Brands and GEODNET aims to accelerate the integration of blockchain into real-world experiences.
The investment in GEODNET aligns with Animoca Brands’ vision of creating immersive and engaging experiences for users by combining cutting-edge technologies such as blockchain, mixed reality, and precise positioning. This strategic partnership is expected to drive innovation in the gaming industry and beyond, as developers explore new ways to create compelling experiences that bridge the gap between the digital and physical realms.