Astar Network raises funding to take blockchain content to Japan

Astar Network, a portal of Blockchain projects to Japan and more, has announced a strategic investment from Animoca signs to accelerate the growth of Web3 Entertainment.

Animoca Brands wants to provide digital property rights to consumers with the aim of helping to create an open metaverse and its associated network effects. Animoca Brands has investments in more than 540 companies, which is one of the widest investment portfolios in the Web3 industry.

ASTAR and Animoca signs will cooperate to apply to publish ONChain Japanese and Asian intellectual property (IP) to adopt global Web3, focusing on developed entertainment solutions. The main integration processes, including anime identifier (supported by Animoca and its partner San Fraantokyo), will serve as an identity layer and a major reputation on Soneium.

Astar’s mission of enhancing Web3’s accreditation is supported by enabling developers, creators and institutions to build Enchain Entertainment solutions through cooperation and investment from Animoca signs.

ASTAR’s commitment to entertainment innovation is strengthened to initiatives such as Anime Art Fest on Soneium, which is the IP campaign and the facility that focuses on Soneium by San Fraantokyo and Animoca Brands for users on Web3. By giving priority to entertainment and collective adoption, Astar and Animoca signs aim to create new opportunities for digital artists, developers and creators, and increase the creation of ASTAR as a center for entertainment projects.

From its inception, Astar focused on the Web2 and Web3 Dam to enable Blockchain. The ASTAR integration of Soneium, which is a group of Blockchain open for Ethereum Layer 2 developed by Sony Block Solutions, is a large milestone, which enhances the growth of Astar.

The ASTAR (ASTR) icon is located at the heart of the wide ASTAR ecological system (including Soneium) for driving and sharing liquidity. By enabling financing, supporting innovation and attracting new users through the stimulus DAPPS, AST enhances its role as a uniform symbol across the ecosystem.

“Our investments in the ASTAR network are completely compatible with our mission of enhancing digital property rights and open Metaverse. New possibilities for creators, developers and users in the rapidly advanced entertainment scene quickly,” Yat Sio, CEO and co -founder of Animoca Brands, said in a statement.

“We are excited to receive investment from Animoca brands and cooperation in generating greater value in ASTAR and Soneium. “As one of the most active investors in the WEB3 space, Animoca Brands understands the direction to which the ecosystem is heading, and we take their support as an emphasis that our efforts contribute to the long -term success in Blockchain and digital assets.”

Taking into account the integration of some of the most popular and model concepts in the world of encryption, this cooperation will enhance the entertainment industry on the web 3 and push the participation in Soneium. This includes potential initiatives on exploring the creation of a fund that focuses on IP novels and entertainment, a step that caught the attention of institutional investors.