Animoca Brands: How AI Helps Make More Money and Save Costs
In the fast-changing world of technology and money, companies are always looking for new ways to make more money and save costs. Animoca Brands, a big player in digital games and blockchain, has shown how using AI can really help. By using AI to make their work more efficient, Animoca Brands saved 12% on costs and made much more money[2][4]. Let’s look at how they did it and why AI is important in tech.
Making More Money with AI
Animoca Brands made $314 million in bookings in 2024, which is 12% more than the year before[2][5]. They did this by using AI to make their work more efficient and save money. By using AI, they cut their operating costs by 12%, from $246 million in 2023 to $217 million in 2024[2]. This helped them make more money and be more competitive in a tough market.
Many Ways to Make Money
Animoca Brands makes money in many ways. One way is through their Digital Asset Advisory (DAA) business, which made $165 million in 2024, which is 116% more than the year before[2]. This shows that Animoca is good at taking advantage of new trends in digital assets and blockchain technology.
Working with Others to Use AI Better
Animoca Brands also works with other companies to use AI better. In late 2024, they made a deal with an AI platform called Virtuals and worked with FLock.io, a community-driven AI platform[2]. These partnerships show that Animoca wants to keep learning and using AI to grow.
Looking Ahead
Animoca Brands thinks they will keep growing, especially if the US becomes more friendly to crypto[3][4]. The company’s co-founder and chairman, Yat Siu, thinks that good things are happening with regulations, which could help Animoca grow even more[4]. As technology keeps changing, companies like Animoca are ready to take advantage of new opportunities in AI, blockchain, and digital assets.
Using AI to Grow and Save Money
In short, Animoca Brands shows us that using AI can help companies make more money and save costs. By using AI in smart ways, companies can do better in the long run. As technology keeps changing, using AI will be more and more important for tech companies.
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Sources:
– blockchaingamer.biz
– cointelegraph.com
– advfn.com
– cryptonews.com.au