{"id":49193,"date":"2025-08-27T22:19:23","date_gmt":"2025-08-27T19:19:23","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=49193"},"modified":"2025-08-27T22:19:23","modified_gmt":"2025-08-27T19:19:23","slug":"animoca-brands-backs-ai-focused-altcoin-with-major-support","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/animoca-brands-backs-ai-focused-altcoin-with-major-support\/","title":{"rendered":"Animoca Brands Backs AI-Focused Altcoin with Major Support"},"content":{"rendered":"<p>Leading blockchain platform <strong>IoTeX<\/strong> announced that it has received a strategic investment from<strong> Animoca Brands<\/strong> to strengthen its vision of merging artificial intelligence with real-world data. This collaboration will accelerate IoTeX\u2019s global growth while contributing to the adoption of Web3-powered AI applications.<\/p>\n<p data-start=\"383\" data-end=\"663\">As part of the new agreement, Animoca Brands will join the project not only as an investor but also as an IoTeX network validator and ecosystem partner. This move is seen as a critical step toward enhancing the network\u2019s security, decentralization, and long-term sustainability.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/animoca-brands-backs-ai-focused-altcoin-with-major-support\/#AI_Powered_by_Real-World_Data\" title=\"AI Powered by Real-World Data\">AI Powered by Real-World Data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/animoca-brands-backs-ai-focused-altcoin-with-major-support\/#Investor_Confidence_Multi-Million_Dollar_Backing\" title=\"Investor Confidence: Multi-Million Dollar Backing\">Investor Confidence: Multi-Million Dollar Backing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/animoca-brands-backs-ai-focused-altcoin-with-major-support\/#Official_Statements\" title=\"Official Statements\">Official Statements<\/a><\/li><\/ul><\/nav><\/div>\n<h3 data-start=\"665\" data-end=\"700\"><span class=\"ez-toc-section\" id=\"AI_Powered_by_Real-World_Data\"><\/span>AI Powered by Real-World Data<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"701\" data-end=\"1130\">Since its launch in 2017, IoTeX has attracted attention with its infrastructure that powers more than 100 projects and 40 million devices across industries such as mobility, energy, healthcare, robotics, and beyond. The company\u2019s innovations \u2014 including the decentralized identity solution <em data-start=\"991\" data-end=\"997\">ioID<\/em>, the $IOTX token, and the Quicksilver AI data framework \u2014 enable developers to create AI solutions integrated with the real world.<\/p>\n<h3 data-start=\"1132\" data-end=\"1187\"><span class=\"ez-toc-section\" id=\"Investor_Confidence_Multi-Million_Dollar_Backing\"><\/span>Investor Confidence: Multi-Million Dollar Backing<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1188\" data-end=\"1462\">IoTeX has raised over $70 million to date with the support of leading investors such as SamsungNext, Draper Dragon, Jump Crypto, and HashKey Capital. The addition of Animoca Brands strengthens IoTeX\u2019s positioning in the multi-trillion-dollar AI and real-world data market.<\/p>\n<h3 data-start=\"1464\" data-end=\"1489\"><span class=\"ez-toc-section\" id=\"Official_Statements\"><\/span>Official Statements<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1491\" data-end=\"1795\"><strong>Yat Siu<\/strong>, Co-Founder and Executive Chairman of Animoca Brands:<\/p>\n<blockquote>\n<p data-start=\"1491\" data-end=\"1795\"><br data-start=\"1556\" data-end=\"1559\" \/>\u201cIoTeX is at the forefront of the growing demand for real-time AI data. We see tremendous potential in IoTeX\u2019s vision, and we are excited to support not only as an investor but also as an active participant in securing the network.\u201d<\/p>\n<\/blockquote>\n<p data-start=\"1797\" data-end=\"2081\"><strong>Raullen Chai<\/strong>, Co-Founder and CEO of IoTeX:<\/p>\n<blockquote>\n<p data-start=\"1797\" data-end=\"2081\"><br data-start=\"1843\" data-end=\"1846\" \/>\u201cIoTeX is transforming AI from being isolated from the real world to becoming integrated with physical environments. Animoca Brands\u2019 investment and validator role will accelerate this revolution at the intersection of Web3 and AI.\u201d<\/p>\n<\/blockquote>\n<p data-start=\"2083\" data-end=\"2296\">The strategic partnership with Animoca Brands will accelerate IoTeX\u2019s global expansion, support innovations at the intersection of AI and blockchain, and position IoTeX as a leading platform for real-world data.<\/p>\n<p class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Also In the comment section, you can freely share your comments and\u00a0 opinions about the topic. Additionally, don\u2019 t forget to follow us on\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram<\/strong>,\u00a0<\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0for the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0and updates instantly.<\/p>\n<div class=\"blog-share text-center darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading blockchain platform IoTeX announced that it has received a strategic investment from Animoca Brands to strengthen its vision of merging artificial intelligence with real-world data. This collaboration will accelerate IoTeX\u2019s global growth while contributing to the adoption of Web3-powered AI applications. As part of the new agreement, Animoca Brands will join the project not<\/p>\n","protected":false},"author":37,"featured_media":37897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[236,563,192,393,5384,840,336,58],"class_list":["post-49193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-altcoin","tag-altcoins","tag-blockchain","tag-crypto","tag-crypto-investment","tag-crypto-market","tag-cryptocurrencies","tag-cryptocurrency"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Animoca Brands Backs AI-Focused Altcoin with Major Support<\/title>\n<meta name=\"description\" content=\"Leading blockchain platform IoTeX announced that it has received a strategic investment from Animoca Brands to strengthen its 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