Animoca Brands Joins ZetaChain as Validator to Propel Multi-Chain Connectivity

The ground-breaking global blockchain ZetaChain has announced a major partnership with Animoca Brands, a major player in digital property rights for video games and the open metaverse. A significant step toward achieving the goal of growing the use of digital assets and achieving seamless multi-chain connection is this alliance.

The alliance between ZetaChain and Animoca Brands brings together two industry powerhouses. Animoca Brands, known for its expertise in securing blockchain networks, will now serve as a validator on ZetaChain. This partnership leverages Animoca Brands’ experience with ZetaChain’s advanced ZRC-20 token standard, designed for deploying Omnichain Smart Contracts. Together, they aim to create a more secure and decentralized environment for developing innovative omnichain decentralized applications (dApps). These dApps will allow users to manage native assets and data across different blockchains without the need to switch networks.

ZetaChain, which is among the top ten blockchains with active users (source: DappRadar), just unveiled its 2.0 update, which includes the Chain Abstraction Framework (CAF) and the Universal EVM (Ethereum Virtual Machine). With its capacity to streamline multi-chain interoperability and provide a multitude of opportunities for unified liquidity and data management, CAF is a product of the decentralized ZetaChain community. The Universal EVM makes it possible to create Universal Proof of Stake and Universal Apps, giving users and developers the ability to manage intricate relationships, assets, and apps across several chains from a single platform. The ability to abstract the fundamental blockchain intricacies allows developers to launch apps only once and connect with users on all supported chains.

Expanding Opportunities for Web3 Developers

Ankur Nandwani, Core Contributor at ZetaChain, expressed enthusiasm about the partnership, stating, “We’re excited about our collaboration with Animoca Brands to further secure and scale adoption for Universal Apps that work for all of crypto. Over 540 Web3 companies in the Animoca Brands investment portfolio now have the opportunity to leverage ZetaChain to future-proof their apps and access users on any chain including native Bitcoin.”

In addition to enhancing security and scalability, ZetaChain offers Animoca Brands’ portfolio companies access to over 3.5 million unique wallets on its platform. Through the ZetaChain Ecosystem Growth Program, which allocates 5% of the total ZETA token supply for impactful Universal Apps, companies can benefit from grants, incentives, and community campaigns. The program is particularly focused on expanding ownership, usage, and adoption of Bitcoin, furthering the blockchain ecosystem’s growth.

Animoca Brands, a global leader in gamification and blockchain, remains committed to advancing digital property rights and supporting decentralized projects to build the open metaverse. By operating validator nodes across various blockchains, Animoca Brands continues to contribute to ecosystem development and on-chain governance. The company also offers digital asset advisory services, helping companies and brands navigate and succeed in the Web3 landscape.

Yat Siu, co-founder and executive chairman of Animoca Brands, shared his excitement, saying, “We are excited to partner with ZetaChain and become a validator of this first universal blockchain, helping make multi-chain connectivity more seamless. This collaboration furthers our mission to drive innovation and decentralization across the broader Web3 ecosystem.”