News

Animoca Brands Joins Forces With AWS Activate To Boost Web3 Development

Key Points:

  • Animoca Brands collaborates with Amazon Web Services’ Activate program, offering portfolio startups up to $25,000 in credits for AWS infrastructure, fostering web3 development within the open metaverse.
  • The partnership enhances Animoca Brands’ role in advancing web3 innovation, providing startups with resources, support, and secure AWS cloud services, amplifying their impact on the evolving web3 landscape.
Animoca Brands, a prominent web3 investment company, has entered a strategic partnership with Amazon Web Services’ (AWS) Activate program to propel web3 development. 

This collaboration positions Animoca Brands as an AWS Activate provider, granting its portfolio companies access to valuable resources, including up to $25,000 in Activate credits per startup for building on AWS infrastructure.

By joining forces with AWS Activate, Animoca Brands empowers startups within its extensive portfolio, comprising over 450 web3 companies spanning blockchain gaming, the metaverse, and non-fungible tokens (NFTs). 

This partnership fosters a nurturing environment for these startups to actively contribute to the evolution of the open metaverse concept. This paradigm shift envisions a 3D virtual world where users possess ownership of the products and services they engage with.

The collaboration not only facilitates financial support but also equips startups with an array of tools, resources, and expert guidance. Entrepreneurs can harness secure AWS cloud services, spanning computing power, storage, databases, analytics, IoT, and machine learning, as they develop innovative solutions within both Web2 and Web3 realms.

This announcement arrives on the heels of Animoca Brands’ recent collaboration with CyberConnect to construct a decentralized social layer for Mocaverse, an NFT collection tailored for its portfolio firms. 

As Animoca Brands forges ahead with its mission to empower web3 innovation, this strategic partnership with AWS Activate amplifies its capacity to propel the growth and evolution of web3 startups worldwide.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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