Animoca Brands: How AI Helps Make More Money and Save Costs
In the fast-changing world of technology and money, companies are always looking for new ways to make more money and save costs. Animoca Brands, a big player in digital games and blockchain, has shown how using AI can really help. By using AI to make their work better, Animoca Brands saved 12% on costs and made much more money[2][4]. Let’s look at how they did it and why AI is important in the tech industry.
Making More Money with AI
Animoca Brands made 12% more money in 2024 than in 2023. This is because they used AI to make their work more efficient and save money. They cut their costs by 12%, from $246 million in 2023 to $217 million in 2024[2]. This helped them make more money and be more competitive in a tough market.
Making Money in Different Ways
Animoca Brands makes money in different ways. One way is through their Digital Asset Advisory (DAA) business. This part of their business made $165 million in 2024, which is 116% more than in 2023[2]. This shows that Animoca is good at finding new ways to make money in the digital asset and blockchain world.
Working with Others to Use AI Better
Animoca Brands also worked with other companies to use AI better. In late 2024, they made a deal with a company called Virtuals and worked with FLock.io, a community-driven AI platform[2]. These partnerships show that Animoca wants to use AI to grow in the future.
Looking Ahead
Animoca Brands thinks they will keep making more money in the future, especially if the US becomes more friendly to crypto[3][4]. The company’s co-founder, Yat Siu, thinks that good things happening in the rules for crypto will help Animoca grow[4]. As the tech world keeps changing, companies like Animoca are in a good place to take advantage of new opportunities in AI, blockchain, and digital assets.
Using AI to Grow in a Good Way
In short, Animoca Brands’ story shows that using AI can help companies make more money and save costs. By using AI in the right way, companies can not only make more money but also be ready for the future in a fast-changing tech world.
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