Animoca Brands, one of the top creators of intellectual property rights on Web3, recently announced the addition of yet another significant gaming subsidiary to its growing portfolio. On Friday, the business <a href="https://twitter.com/animocabrands/status/1570746582869626880" target="_blank" rel="nofollow noopener">stated</a> that it had acquired WePlay Media, the firm behind the well-known blockchain game MotoGP Championship Quest. According to the deal, the acquisition is a strategy to boost user engagement in mobile games focused on motorsports.

https://twitter.com/animocabrands/status/1570746582869626880

WePlay Media co-founder and MotoGP co-creator Graeme Warring termed the deal an exciting achievement for both companies as they expanded their reach to motorcycle fans worldwide.
<blockquote><em>"Animoca Brands has the ability to reach hundreds of millions of users in core growth demographics to expand the sport's fan base and create engagement opportunities for the riders, teams, and sponsors."</em></blockquote>
<h2>MotoGP Fan Survey</h2>
The most recent MotoGP global fan survey reveals that their audience is highly engaged and interested in regular participation in mobile gaming contests. It indicated that 54% of gamers resided in the Asia-Pacific area and that 79% of all participants between the ages of 16 and 24 played competitive video games weekly.

By introducing a racing-based REVV token rewards ecosystem and <a href="https://www.cryptoknowmics.com/news/hyundai-unveils-nft-membership-program-for-its-ioniq-6-electric-vehicle/" target="_blank" rel="noopener">NFT programs</a> within the MotoGP game, Animoca showed its investment in the growth of the motorsport gaming industry.
<h2>Acquisition By Animoca Brands</h2>
Animoca also <a href="https://www.cryptoknowmics.com/news/animoca-brands-announces-acquisition-of-eden-games/" target="_blank" rel="noopener">purchased Eden Games</a> in April this year, the studio behind the Gear.Club, Test Drive, and other well-known racing games. The blockchain-based racing game Torque Drift 2 was funded in August by Animoca subsidiary Grease Monkey Games.

After Animoca's successful $110 million investment round led by Temasek on September 8, it announced plans to acquire more strategic acquisitions. This most recent purchase development followed that announcement. Animoca has investments in diverse Web3 businesses, including The Sandbox, Axie Infinity, SkyMavis, and DapperLabs.

Animoca Brands Continues Shopping Spree With MotoGP

On Friday, Animoca Brands stated that it had acquired WePlay Media, the firm behind the well-known blockchain game MotoGP Championship Quest.

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Animoca Brands Continues Shopping Spree With MotoGP

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