Kuala Lumpur, Malaysia – Malaysia Digital Economy Corporation (MDEC), Malaysia’s national agency tasked with leading the country’s digitization, has announced their partnership with Web3 startup Acyxn to spearhead the growth and widespread adoption of creative technologies in Malaysia.
Through this collaboration, Acxyn will be introducing monetization and investment solutions for IPs’ visibility and value, helping MDEC position Malaysia as a gaming hub that attracts international game studios and investors.
Furthemore, Acxyn will also be lending its expertise to MDEC’s metaverse initiative, as well as facilitating the infusion of foreign intellectual properties and foreign investments into Malaysia.
To mark the start of their partnership, Acxyn had been awarded a grant of RM750,000 from MDEC, making the company one of the only Web3 startups accepted into the MDEC program.
Speaking on the partnership, John Schneider, CEO of Acxyn, said, “We’re excited that MDEC shares our vision for a future in which game intellectual properties (IPs) can fully realise their economic potential and establish Malaysia as a hub for innovation and excellence in the game industry.”
Meanwhile, Ts. Mahadhir Aziz, CEO of MDEC, mentioned, “This collaboration serves as a testament to MDEC’s commitment in driving digital transformation and fostering a thriving creative ecosystem.”
“Through the Malaysia Digital (MD) national strategic initiative and PEMANGKIN programmes, we look forward to continuing to support Acxyn’s growth, driving the adoption of creative technologies and propelling Malaysia to the forefront of the Web3 revolution,” he added.