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    Home » Animoca Brands Joins Forces with AWS Activate to Empower Web3 Development
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    Animoca Brands Joins Forces with AWS Activate to Empower Web3 Development

    Jeffrey GweiBy Jeffrey Gwei16 August 2023No Comments3 Mins Read
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    Renowned for championing digital property rights in gaming and the open metaverse, Animoca Brands announced its induction as an official AWS Activate Provider. This collaboration aims to furnish Animoca Brands’ vast array of 450+ portfolio companies with advanced tools, resources, and expert advice for streamlined Web3 development on AWS. Moreover, eligible portfolio companies can now avail up to US$25,000 in AWS Activate credits.

    • Animoca Brands now an official AWS Activate Provider.
    • Portfolio companies can secure up to $25,000 in AWS Activate credits.
    • Objective: Foster true digital property rights in gaming and the open metaverse.
    • Collaboration provides technical, networking, and marketing support to startups.
    • Both companies aspire to blend the strengths of Web2 and Web3 ecosystems.

    Growing Portfolio and True Digital Ownership

    Sporting an expansive portfolio that exceeds 450 Web3 companies, Animoca Brands stands at the forefront of decentralized ecosystem development, promoting genuine ownership of digital assets. This idea of true digital property ownership serves as a pillar for the open metaverse concept, empowering users to transition from mere participants to genuine stakeholders and proprietors.

    Facets of the AWS-Animoca Collaboration

    The AWS-Animoca Brands alliance is rooted in nurturing budding Web3 companies under Animoca Brands’ umbrella. These startups can avail a myriad of benefits via the AWS Activate program, which comprises technical assistance, networking opportunities, fundraising guidance, and strategic marketing support. The program, having successfully aided numerous early-stage startups in the past, provides credits for various AWS Cloud services encompassing computing, storage, analytics, IoT, and machine learning.

    Benefits of AWS Activate

    Harnessing the AWS Activate program, Animoca Brands intends to bridge its portfolio firms with AWS. This connection allows startups to build on top-tier infrastructure, craft and implement go-to-market strategies, foster collaborations across the Web2 and Web3 landscapes, rapidly achieve global prominence, and bolster their security protocols and adherence to compliance.

    A Visionary Step Forward

    Yat Siu, Animoca Brands’ co-founder and executive chairman, expressed immense excitement about this alliance. He regarded the partnership as a watershed moment for both the company and the expansive Web3 startup milieu. Highlighting Hong Kong’s reputation as an innovation cradle, Siu praised AWS’s unparalleled cloud prowess and unwavering support for the startup community. With such synergy, they aim to turbocharge Web3 startups across the globe.

    Growing Legitimacy

    This collaboration between Animoca Brands and AWS Activate isn’t just about cloud infrastructure or credits; it’s a testament to the growing legitimacy and importance of Web3 in the mainstream tech sector. As companies endeavor to solidify digital property rights and further blur the lines between Web2 and Web3, partnerships like these will not only provide the required technological muscle but will also be pivotal in defining the trajectory of the next digital revolution.

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    Jeffrey Gwei
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    Jeffrey Gwei has been interested in - and worked for - cryptocurrencies and blockchain startups since 2017. Gradually his focus shifted more towards NFTs, leading up to a growing interest in web3 games, enhanced with blockchain elements. Financial disclaimer: Invested in Delabs Games, Skyborne, ChronoForge, ZTX Genesis Homes, and Mittaria among others. Come vibe in Discord: https://discord.gg/UtEZWryS9J.

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