Crypto gaming and metaverse investment giant Animoca Brands has unveiled plans this week through one of its subsidiary companies to launch a first-of-its-kind metaverse ecosystem token on Bitcoin via the Ordinals protocol.
Game studio Darewise Entertainment (aka Life Beyond Studios), an Animoca subsidiary, aims to create an all-encompassing metaverse ecosystem built around Bitcoin Ordinals—a protocol that lets users inscribe NFT-like assets to the blockchain and create BRC-20 tokens on Bitcoin.
The studio’s metaverse plan includes gaming, brand integrations, real-world experiences, and more. Darewise is the studio behind Life Beyond, an upcoming metaverse game with NFTs. It will be the first game to implement the newly announced Bitcoin-based metaverse token for in-game assets, virtual lands, and more.
To create the upcoming Bitcoin token, Darewise will collaborate with Horizen Labs, the company that helped develop the smart contract and token strategy for ApeCoin (APE)—the Ethereum-based token tied to the Bored Ape Yacht Club NFT project. Life Beyond has previously released…