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Animoca Brands “comes to Bitcoin” with OPAL Protocol

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  • Animoca Brands Says Bitcoin Is Web3 Ready.
  • The blockchain gaming giant will be collaborating with Darewise and OPL Protocol to usher in a new era for gaming, DeFi and Web3 on BTC.
  • BLIF, a new token of the OPAL protocol, will power the ecosystem.

Animoca Brands, a leading blockchain gaming company with a large presence in the market, has announced its entry into bitcoin ecosystem,

The big announcement from the Hong Kong-based company came via a post on X on Tuesday.

Among other details, Animoca Brands said it is “coming to Bitcoin” and that the leading blockchain network is “web3 ready.”

In this quest to dominate the new era of Bitcoin gaming, Animoca Brands is using the OPAL protocol, a new ecosystem on Bitcoin powered by the BLIF token.

,BLIF will be the OPAL Protocol Runes Token, Powering Real Digital Life in Bitcoin and Beyond,” company noted On X.

Animoca Brands portfolio companies ready to join the project

Animoca Brands and metaverse company Darewise support the Opal protocol and are ready to collaborate to make it “the largest Web3 ecosystem.” Bitcoin,

According to details shared by the Animoca team on Tuesday, the project will include gaming, entertainment, decentralized finance (DeFi), education, and culture.

Already, six Animoca Brands portfolio companies have reportedly joined the initiative as Genesis members. These include AAA massively multiplayer online (MMO) game Life Beyond, digital collectibles platform Magic Eden, Bitcoin Web3 wallet Xverse, and developer platform Horizon Labs.

Additionally, Animoca plans to partner with OPL on all its upcoming Bitcoin-based projects.

,Animoca Brands’ approach to the #OpenMetaverse harnesses the power of network effects and this really resonates with the OPL protocol, which is a truly decentralized foundation with an exclusive council. Any company interested in joining this movement can apply to become a member of OPAL and build with $BLIF,” the announcement on X reads.

Special council members include Animoca Brands’ Yat Siu, BRC-20 maker Domo and DareWise CEO Ben Charbit. The others are Leah Wald, Hervé Lahren and David Bailey.

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