Animoca Brands Announces It Will Buy Back CTA Token

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Animoca Brands – the leading group in investing and developing Web3 and blockchain game projects – has just announced establishing a strategic partnership with the multi-platform blockchain media ecosystem called Cross the Ages.

Within the framework of this collaboration, Animoca Brands will play a strong supporting role for the multiplayer action role-playing game called Arise, an upcoming product from the Cross the Ages team. Notably, Animoca Brands has also started purchasing CTA tokens – the native token of the Cross the Ages ecosystem – from the open market to demonstrate its long-term commitment to the project. However, the quantity of CTA tokens purchased has not yet been disclosed.

In addition to financial investment through token purchases, Animoca Brands will also play an advisory role for Cross the Ages in several important aspects such as: marketing strategy, product evaluation, as well as token economic structure (tokenomics) – aimed at helping the project optimize development effectiveness and expand the player community in the blockchain gaming field.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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