Animoca Brands Joins Forces With Opal Foundation to Build Expansive Web3 Ecosystem on Bitcoin

Animoca Brands, a Hong Kong-based game software company, has announced its partnership with the Opal Foundation to enter the Bitcoin ecosystem, leveraging the Opal Protocol to develop the largest Web3 ecosystem encompassing gaming, Defi, entertainment, education, and culture. The initiative, backed by the BLIF token and propelled by the recent introduction of NFTs via ordinals on Bitcoin, aims to transform Bitcoin from a mere store of value to a comprehensive “store of culture” for the Web3 era. The Opal protocol, set to launch with Animoca Brands as its first strategic partner, envisions a connected digital domain where finance, entertainment, education, and decentralized governance coexist, promising a significant leap towards an open metaverse with enhanced digital property rights

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