– Animoca Brands acquires majority stake in Cool Cats Group, a strategic move to integrate blockchain gaming with NFT projects.
– The partnership combines Animoca’s metaverse expertise with Cool Cats’ established brand, aiming to unlock new utilities and market opportunities.
– This acquisition reflects a shift in NFT markets toward utility-driven value, prioritizing community engagement and long-term IP development over speculation.
– Future plans include play-to-earn games, exclusive merchandise, and geographic expansion, though challenges like technological adaptation remain.
