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HK-based Animoca Brands acquires indie game company Darewise

Hong Kong — The game software and venture capital company, Animoca Brands has acquired Darewise Entertainment, a game developer founded by veterans of the AAA games industry that is currently developing a high-quality blockchain MMO game ‘Life Beyond’. Through the buyout, Animoca Brands will be assisting Darewise Entertainment to fast-track development and publishing in the Web3 space.

Darewise Entertainment is a European game studio made up of accomplished game developers with deep experience in various highly successful AAA games, namely Assassin’s Creed IV: Black Flag, Tom Clancy’s The Division, and Fable series, amongst others. The co-founders of Darewise, ex-Ubisoft game director Benjamin Charbit and ex-Ubisoft and ex-Crytek tech lead Samuel Kahn, will continue to operate the company after the acquisition.

The collaboration will facilitate planned growth, accelerate game development, and combine expert AAA video game development with blockchain integration, NFTs, and play-and-earn capabilities.

Darewise Entertainment’s first game, Life Beyond, is currently in development. It is a fast-paced and ever-evolving modern persistent massively multiplayer online game Powered by Web3 and blockchain technologies, ‘Life Beyond’ seeks to pioneer the emerging genre of the play-and-earn MMO. Its guiding principles are the true ownership of digital assets, a player-driven social in-game economy, and decentralised governance.

Yat Siu, co-founder and executive chairman of Animoca Brands, commented, “Bringing on board Darewise Entertainment is incredibly exciting. Its game Life Beyond is an MMORPG of great beauty and scale that will be a strong addition to the open metaverse. Benjamin and Samuel have built a world-class team that is creating a play-and-earn game universe that is intricate, sophisticated, and deeply engaging.”

Meanwhile, Charbit said that they are incredibly proud to join Animoca Brands and add their AAA games experience to the company that has been so instrumental in the development of Web3 gaming.

“Over time it became obvious that we’re a Web3 company at our core and that blockchain offers the means to achieve our vision. It took visionary entrepreneurs like Yat to leap ahead and build such an impressive ecosystem, paving the way for everyone else. As we watched Animoca Brands set out the blueprint of the open metaverse with projects like The Sandbox, REVV, and Phantom Galaxies, we knew that we would benefit enormously from its Web3 expertise and network. We are thrilled to be a part of this endeavour,” Charbit said.