On October 17, 2024, Animoca Brands announced its intention to purchase additional WATCoins from the open market. WATCoin serves as the utility token for WatBird, a Telegram Mini App developed by Animoca Brands’ subsidiary, GAMEE.
This strategic move underscores Animoca Brands’ commitment to enhancing WatBird’s contribution to the broader TON ecosystem. By acquiring more WATCoins, Animoca Brands aims to bolster the app’s functionality and support its role within the ecosystem.
Animoca Brands is a leader in the Web3 space, known for leveraging blockchain technology to offer digital property rights to consumers globally. The company’s diverse portfolio includes original games and products utilizing popular intellectual properties across sports and entertainment sectors.
For more details on Animoca Brands’ latest acquisition plans, visit here.
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