GEODNET and Animoca Brands Partner for Mixed-Reality InnovationPrecise Location Tech Coming to Mocaverse via GEODNET

Animoca Brands has teamed up with GEODNET to reshape gaming and mixed-reality applications, strengthening digital property rights and advancing the open metaverse. Known for its work in decentralized physical networks, GEODNET brings its Real-Time Kinematics (RTK) network to the table, offering high-precision location technology that Animoca believes will open up fresh opportunities in gaming and immersive mobile experiences.

By working with Mocaverse, a consumer network built by Animoca Brands, GEODNET will support seamless integration across Account, Identity, Reputation, and PointFi systems, offering enhanced interconnectivity for apps within the Moca Network. With this partnership, Animoca Brands aims to bridge digital and physical experiences, especially through ultra-precise positioning technology that enables immersive applications to function smoothly in the real world.

Yat Siu, co-founder and executive chairman of Animoca Brands, shared his enthusiasm: “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.”

Additionally, Animoca Brands has invested in GEODNET, aiming to support its growth and development within the Decentralized Physical Infrastructure Network (DePIN) community. This investment fuels not only GEODNET’s expansion but also encourages innovation in location and mixed-reality technologies that cater to both the consumer and enterprise sectors.

A recent governance initiative, GIP4, has allowed GEODNET to scale its Web3 mobile applications, paving the way for mobile apps powered by its proof-of-location technology. Through this collaboration, Animoca and GEODNET aim to push the boundaries of location-based, blockchain-powered experiences that blend real-world and digital elements.

Mike Horton, project creator of GEODNET, emphasized the potential of this partnership: “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.”