Gaming News
| Published On Oct 30, 2024 8:57 am CET | By Jenny Patel

Animoca Brands Partners with GEODNET to Enhance Mixed-Reality Gaming

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Animoca Brands, a leader in advancing digital property rights within gaming and the open metaverse, has announced an exciting partnership with GEODNET, the largest decentralized Real-Time Kinematics (RTK) network globally. This collaboration aims to push the boundaries of mixed-reality gaming and integrate innovative location technology into various consumer applications.

Advancing Location Technology in Gaming

The partnership marks a significant step towards the development of advanced location and mixed-reality technologies. Animoca Brands has also made a strategic investment in GEODNET, supporting its growth within the Decentralized Physical Infrastructure Network (DePIN) community. This move will help bridge the physical and virtual realms, enhancing the overall user experience.

GEODNET will collaborate closely with Mocaverse, Animoca’s flagship consumer network. Mocaverse features an interoperable infrastructure, including Account, Identity, Reputation, and PointFi systems. This partnership is set to facilitate network expansion while exploring the integration of precise location technology into various applications within the Moca Network.

New Possibilities for Gaming Experiences

Yat Siu, co-founder and executive chairman of Animoca Brands, expressed enthusiasm about this partnership: “We are excited about GEODNET’s ultra-precise location technology, which opens up new possibilities for mobile and gaming experiences. Its DePIN of Satellite Miners provides centimeter-level accuracy, enabling developers to create engaging mixed-reality applications that seamlessly blend digital and physical worlds. We’re also thrilled to welcome GEODNET into both the Moca Network and the broader Animoca Brands ecosystem, where its innovative technology can drive the next generation of location-based Web3 experiences.”

This partnership aligns with GEODNET’s recent governance initiative (GIP4), which aims to enable Web3 mobile apps powered by precise location technology. Mike Horton, project creator of GEODNET, stated: “We believe Web3 gaming and ownership experiences will drive novel future use cases for GEODNET’s precise Proof-of-Location, so we are thrilled to partner with Animoca Brands and the Mocaverse community.”

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As the gaming industry evolves, this collaboration seeks to fuse blockchain technology with real-world experiences, paving the way for future innovations in mixed-reality gaming.

Jenny Patel

Jenny Patel, a dedicated freelance writer, has been consumed by her love for gaming since her childhood days. Her go-to games growing up were Elder Scrolls V: Skyrim on PC and Halo 3 on XBOX. Jenny now enjoys the flexibility of working remotely, allowing her to explore the world while indulging in her gaming passion.