News

Animoca Brands acquires Eden Games, developer of Need for Speed: Porsche Unleashed, F1® Mobile Racing, from Engine Gaming & Media

Animoca Brands acquires Eden Games

Animoca Brands, the company advancing digital property rights for gaming and the metaverse, today announced it has completed the acquisition of 100% of the issued capital of Eden Games S.A.S. from Engine Gaming & Media. Eden Games is a highly respected and successful racing game studio with products ranging from pure racing to open-world and management racing games.

Eden Games was founded in 1998 and is based in France. The company has strong experience in developing award-winning racing games across the mobile, console and PC platforms, including Need for Speed: Porsche UnleashedF1® Mobile Racing, and the franchises Gear.ClubTest Drive, and V-Rally. Eden Games has over 13 million game boxes sold and over 60 millions app downloads worldwide.

In March, at Apple Inc.’s Peek Performance event, Apple announced Eden Games’ latest expansion of the Gear.Club franchise, Gear.Club Stradale, as the “next big release” coming exclusively to Apple Arcade (see Engine Games & Media’s announcement).

Gear.Club is a hyper-realistic racing simulator and served as the primary racing game for the open qualifiers of World’s Fastest Gamer, a first-of-its-kind competition that transits motorsport gamers into real-world champions. World’s Fastest Gamer has over 400 million TV and video on demand viewers with over 100 broadcasters in more than 50 countries plus additional distribution on ESPN, EURO Sport, and Amazon.

Eden Games also has long term partnerships with more than 30 established brands in the automotive industry, including BMW, Bugatti, Porsche, Lotus, Pagani, and many others.

Animoca Brands will leverage the expertise and capabilities of Eden Games to work on existing and new titles in the REVV Motorsport ecosystem and to bring to market a series of new blockchain-based racing games. The new games will provide additional utility to the NFT Race Passes and the other assets obtained by swapping assets from Animoca Brands’ F1® Delta Time, which ceased operations in March 2022.

Yat Siu, co-founder and executive chairman of Animoca Brands, commented: “With its quarter of a century of expertise in building high-quality motorsport video games, Eden Games will enhance and accelerate the development of the REVV Motorsport ecosystem and add powerful value to the REVV community and the racing metaverse.”

David Nadal, co-founder and head of the studio of Eden Games, said: “We are excited to start the next chapter of Eden Games by joining Animoca Brands. We look forward to producing new experiences that challenge the status quo within the motorsport genre and venture into new frontiers such as Web3 alongside a leader in the space.”

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.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Hazel

CoinCu News

Victor

Recent Posts

Dogecoin Price Reaches 5-Month High: Here’s What’s Driving The Increase 

The Dogecoin price has reached a five-month high, and investors should buy the Ethereum token…

29 mins ago

Best Cryptos to Invest in Now: Don’t Miss Out on These Potential Game-Changers!

Crypto isn’t just for the tech-savvy anymore; it’s for everyone. As more people jump into…

1 hour ago

Trust Wallet CEO Backs Web3, Plus Wallet’s Top-Tier Encryption Ensures Secure Asset Access Amid Crypto Liquidation Hits $277M

Read how Plus Wallet’s top-tier ensures secure, unified digital asset management. Get the latest updates…

4 hours ago

Former Alameda CEO Will Now Serve 2-Year Sentence

Former Alameda CEO Caroline Ellison reported to a Connecticut federal prison on November 7 after…

5 hours ago

Degen Rollup Key Issue Forces Possible Chain Restart

Degen Rollup Key Issue: Conduit seized Degen’s L3 private key, causing 54 hours of downtime…

5 hours ago

This website uses cookies.