{"id":67294,"date":"2022-09-16T18:53:35","date_gmt":"2022-09-16T15:53:35","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=67294"},"modified":"2025-09-07T05:51:06","modified_gmt":"2025-09-07T02:51:06","slug":"animoca-brands-to-acquire-motogp-championship-quest-developer-weplay-media","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/animoca-brands-to-acquire-motogp-championship-quest-developer-weplay-media\/","title":{"rendered":"Animoca Brands to acquire MotoGP Championship Quest developer WePlay Media"},"content":{"rendered":"<p>The blockchain-games operator Animoca Brands announced the acquisition of WePlay Media, the studio known for MotoGP Championship Quest.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">We are pleased to announce that Animoca Brands has entered into a Membership Interest Purchase Agreement for the intended acquisition of WePlay Media, the developer of the highly popular <a href=\\\"https:\/\/twitter.com\/MotoGP?ref_src=twsrc%5Etfw\\\">@MotoGP<\/a> Championship Quest.<\/p>\n<p>Read the full announcement: <a href=\\\"https:\/\/t.co\/RxFMpmTcGY\\\">https:\/\/t.co\/RxFMpmTcGY<\/a><a href=\\\"https:\/\/twitter.com\/hashtag\/NFTs?src=hash&#038;ref_src=twsrc%5Etfw\\\">#NFTs<\/a> <a href=\\\"https:\/\/twitter.com\/hashtag\/web3?src=hash&#038;ref_src=twsrc%5Etfw\\\">#web3<\/a> <a href=\\\"https:\/\/t.co\/dNLXmiV75J\\\">pic.twitter.com\/dNLXmiV75J<\/a><\/p>\n<p>\u2014 Animoca Brands (@animocabrands) <a href=\\\"https:\/\/twitter.com\/animocabrands\/status\/1570746582869626880?ref_src=twsrc%5Etfw\\\">September 16, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n\\n\\n\\n<\/p>\n<p>The closing of the deal remains subject to a number of undisclosed conditions. Financial details were not disclosed.\u00a0<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Under the agreement, the acquisition reflects a strategy to boost user engagement in mobile racing games.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>\u00abAnimoca Brands has the opportunity to reach hundreds of millions of users in core growth demographics to expand the fan base of racing\u00bb<\/em>, \u2014 said Graeme Worring, co-founder and COO of WePlay Media.<\/p>\n<\/blockquote>\n<p>\\n\\n\\n\\n<\/p>\n<p>The blockchain-games operator has steered investments toward developing the segment, unveiling an auto-racing-based ecosystem of REVV token rewards and an NFT program within the MotoGP game.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>In April 2022, Animoca Brands<a href=\"https:\/\/u1f987.com\/en\/news\/animoca-brands-acquires-eden-games\"> acquired<\/a> the game developer Eden Games, known for Gear.Club and the Test Drive series.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Prior to that, the operator&#8217;s portfolio was augmented by Grease Monkey Games, which subsequently attracted funding to develop Torque Drift 2.\u00a0\u00a0<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Animoca Brands is the publisher of a number of games, including <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-the-sandbox-sand\">The Sandbox<\/a>, Crazy Kings and Crazy Defense Heroes, as well as digital products based on intellectual property.\u00a0<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>The firm owns several subsidiaries, including Blowfish Studios, <a href=\"https:\/\/u1f987.com\/en\/news\/animoca-brands-nft-platform-quidd-raises-5m\">Quidd<\/a>, GAMEE, nWay, Pixowl, Forj, Lympo, <a href=\"https:\/\/u1f987.com\/en\/news\/animoca-brands-acquires-game-developer-grease-monkey-games\">Grease Monkey Games<\/a>, Darewise, Notre Game and TinyTap.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Animoca Brands actively invests in Web3 projects. In its portfolio there are more than 340 positions, among them <a href=\"https:\/\/u1f987.com\/en\/news\/axie-infinity-team-raises-150-million-from-binance-and-other-investors\">Axie Infinity<\/a>, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas and others.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>In early 2022 the firm <a href=\"https:\/\/u1f987.com\/en\/news\/animoca-brands-raises-358-9-million-at-a-5-billion-valuation\">raised $358.9 million<\/a> at a valuation of $5 billion, in July \u2014 <a href=\"https:\/\/u1f987.com\/en\/news\/animoca-brands-raises-us75-32m-at-a-us5-9bn-valuation\">$75.32 million<\/a>.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Earlier in August, Animoca Brands <a href=\"https:\/\/u1f987.com\/en\/news\/media-animoca-brands-raises-100-million-from-temasek\">raised $100 million<\/a> in convertible bonds, which Temasek, the Singapore government-owned firm, will purchase.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our Telegram \u2014 cryptocurrency news, rates and analytics.<\/p>\n<p>\\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The blockchain-games operator Animoca Brands announced the acquisition of WePlay Media, the studio known for MotoGP Championship Quest.<\/p>\n","protected":false},"author":1,"featured_media":67295,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1689,1155,828],"class_list":["post-67294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-animoca-brands","tag-games-and-gamefi","tag-sports"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/67294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=67294"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/67294\/revisions"}],"predecessor-version":[{"id":67296,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/67294\/revisions\/67296"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/67295"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=67294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=67294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=67294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}