i-House.com Enters Partnership with Games and Apps Developer Animoca Brands
i-House.com and Animoca Brands, a developer and publisher of games and other apps for smartphone and tablet devices, enter a blockchain investment partnership that will accelerate development for Animoca Brands’ blockchain products such as WalletPet and The Sandbox. It will also focus on new product creation and innovation, with the aim to promote blockchain usage, adoption, co-invest/co-develop, and to enhance the utility and value of existing tokens and projects. i-House.com is a leader in the blockchain and digital token space, and this collaboration will help to build blockchain-powered apps and implement blockchain technologies to drive uptake in the consumer mass-market while enhancing the value and utility of partners’ digital tokens.
The partnership between both companies will aim to create and accelerate the adoption of distributed applications (DApps, which are digital applications that exist and run on a blockchain or peer-to-peer computer network). As part of the agreement, i-House.com will also work with Animoca Brands to co-promote each other’s efforts in areas such as marketing, token sales, and product launches.
“The partnership with i-House.com brings the number of our strategic investments in blockchain to 17, accelerating our capabilities in this space,” said Animoca Brands Co-Founder Yat Siu. “We continue to seek the best available specialized technology solutions to use in our products and those of our portfolio companies such as Zeroth, and we are elated to have entered into a blockchain investment partnership with i-House.com. We strongly believe that i-House.com has the potential to become a global leader on truly massive scales, and together we will work toward a future in which multiple blockchain technologies are used concurrently in the same products.”
Under the agreement, Animoca Brands will exchange $250,000 USD (approximately $350,000 AUD) of the company’s shares in return for an equivalent amount in IHT tokens. i-House.com will purchase 334,225 newly issued Animoca Brands ordinary shares for a total of 10,416,667 IHT (based on a price per share of $0.105 AUD).
“We are excited to form this strategic partnership with Animoca Brands, which we believe will accelerate the corporate and product development of i-House.com and other blockchain companies across Asian markets and, indeed, the whole world,” said i-House.com Chairman and Founder Ricky Ng. “The association between Animoca Brands and i-House.com adds great value for both parties, and we look forward to driving the trends of asset tokenization and blockchain utilization in different industries moving forward.”
i-House.com was founded in 2017 in Hong Kong and is the leading global real estate blockchain marketplace for investors and developers. It is disrupting the traditional real estate marketplace by combining the power of blockchain and emerging technologies. i-House.com products are i-House ATO (Asset Tokenization Offering) and IHT (i-House Token). i-House.com was named one of the “Top 25 Blockchain Solution Providers of the Year” by CIO Applications and was the first utility token to be featured on the Fox Business Network. To learn more, visit i-House.com, and follow us on Twitter, YouTube, and Telegram.
