Animoca Brands Slashes Target of Metaverse Fund by 20%

Animoca Brands has reportedly lowered its metaverse fund target by 20%, as per recent reports. The cause for the reduction is unclear, but it may be due to market conditions or changes in company priorities. The metaverse is regarded as a significant growth sector for technology and gaming industries, and Animoca Brands is a key player in the metaverse. The company has developed renowned metaverse projects like The Sandbox and Star Girl. This decrease in the fund target may point to a shift in the company’s direction or strategy.