Hong Kong-based venture capital firm Animoca Brands is launching the BLIF token with participation from Opal Protocol and Saakuru Labs. The issuer says it will be the native currency of the Web3 gaming, entertainment, and decentralized finance ecosystem on the Bitcoin network.

Animoca Brands' BLIF token, created on the Runes standard, will become the main asset of the Opal Protocol project. This initiative is supported by Magic Eden, Xverse, HorizenLabs, and ALEX platforms.

Vincent Marty, director of investment products at Darewise, said that this project will try to get a share of the Web3 market, which is expected to grow from $3.19 billion to $16.3 billion in the next 4 years.

Animoca Brands Thinks the Game Industry Will Grow!
Giant crypto company Animoca Brands has been supporting blockchain games and metaverse projects for a long time. The successful investment company believes that this sector still has great potential.

Although the Gaming/Metaverse market has been forgotten now, Animoca Brands has heavy investments in projects such as Axie Infinity (AXS), Bloktopia (BLOK), Pixels (PIXEL), Wilder World (WILD) and Alien Worlds (TLM).
Will there be a Gaming/Metaverse frenzy in the crypto market in the coming period? It's a matter of curiosity... #ContentStar #ContentStar