ANIMOCA BRANDS BUILDING META CINEMA STUDIO IN THE SANDBOX

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Animoca Brands just recently closed a new round for $75 million with an estimate of $5,9 billion. The round was led Liberty City Ventures, Kingsway Capital и 10T Holdings.

Animoca continues to replenish its list with new projects, this time collaborating with Planet Hollywood, to create a film studio Meta Hollywood, who bought a plot of land in The Sandbox, it will create a backyard adventure playground, memorabilia museum and host a Hollywood-style event.

The purpose of the metamovie studio bridge the gap between movie fans, studios and creators with web3 technologies. There was also a little bit about plans for the future, the guys are going to a platform for creators, a marketplace, exclusive goods and new events. Within the framework of cooperation Planet Hollywood plans to digitize the assets of its collection of movie memorabilia into the mataverse.

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