ASX-listed video games maker Animoca Brands is to develop a MotoGP-branded race administration recreation.
In a press release on Thursday, Animoca mentioned the freshly inked deal provides it a three-year international licensing settlement with MotoGP rights holder Dorna Sports to develop and publish the sport and associated digital collectibles.
The agency additionally revealed that it’s raised 1 million Australian {dollars} (over US$676,000) to fund the sport’s growth and different “business opportunities.” Investors included Moses Tang, founding father of AP Capital and founding chairman of Goldman Sachs Asia Pacific, in addition to Animoca co-founder and chairman Yat Siu, topic to shareholders’ approval.
The motorcycle race manager-themed recreation will harness blockchain tech and customized good contracts to permit gamers to purchase, acquire and change collectibles that can be included within the recreation’s storyline.
Pau Serracanta, managing mirector at Dorna Sports, mentioned:
“The digital world is one of opportunity and I’m proud to see MotoGP further cemented as a forward-thinking and innovative brand, at the same time as giving fans another way to engage with our sport and get the most from their passion for Grand Prix motorcycle racing.”
A launch is anticipated for the beginning of the 2020 MotoGP racing season, which is slated for March.
MotoGP – or the FIM Road Racing World Championship Grand Prix – was inaugurated in 1949 and sees sports activities bike races held at venues worldwide. The occasions are seen by over 400 million individuals globally, in keeping with Animoca.
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