Animoca Brands: Jumping Ahead with AI
Imagine a company that’s not just keeping up with the times, but leaping ahead. That’s Animoca Brands for you! They’ve been using smart computers, or AI, to work better and save money. Let’s find out how they’ve done it.
Growing Revenue and Saving with AI
Animoca Brands made more money in 2024 than ever before! Their bookings, which is like money they’ve earned but haven’t received yet, grew by 12% to $314 million[1][3]. That’s amazing, especially with all the ups and downs in the crypto world. Their Digital Asset Advisory (DAA) business did super well, making $165 million, which is 116% more than the year before[1][3].
But here’s the really cool part: they used AI to save money too! Animoca Brands cut their operating costs by 12%, from $246 million in 2023 to $217 million in 2024[1][3]. That’s like having a smart helper who knows how to do things more efficiently.
Many Ways to Make Money
Animoca Brands doesn’t put all its eggs in one basket. They have many ways to make money. Their subsidiaries and projects, like Mocaverse, The Sandbox, Open Campus, and GAMEE, made $110 million[3]. And they made $39 million from investing in other things too[3]. It’s like having a diverse garden that grows many different fruits and vegetables.
AI Helping in Many Ways
Animoca Brands isn’t just using AI to save money. They’re also using it to do new and exciting things. They worked with FLock.io to create HeyAni, an AI platform that helps people invest in Web3 things[5]. It uses special learning technology to give feedback to people who want to start new projects or invest in them[5]. It’s like having a smart friend who can give great advice.
Looking Ahead with Hope
Animoca Brands is ready for the future. They’re using AI to work better and make more money. With a friendlier crypto environment and a smart approach, they’re ready to keep growing in 2025 and beyond[1][4]. Using AI not only helps them work better, but it also helps them come up with new ideas. That’s why Animoca Brands will keep being a leader in the digital asset and blockchain world.
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