Animoca Brands held $6.08 million in fiat and crypto assets at the end of April. Roughly $770,000 of the company’s holdings comprised Bitcoin (BTC) and Ether (ETH), alongside $1.12 million in various altcoins.
Animoca attributed the increase in its crypto holdings to successful sales involving non-fungible tokens (NFTs) for its titles The Sandbox, F1 Delta Time, and Crazy Defense Heroes.
The experts think that the coronavirus lockdown has fostered a “change in behavior” among many new and ‘born-again’ gamers that will last into the longer-term — with gaming becoming a cornerstone of their entertainment-seeking rituals.
How do you think about this? Did you start playing blockchain games at home because of isolation?
The company will say that the brand and their products have an impact but I prefer to believe what the experts are saying that our current situation is a big factor, in making the success of their products, people are lockdown in their homes, they explored everything online especially gaming and gambling where they forget their anxiety and boredom.