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The FTX drama continues with SBF making a public interview appearance during a New York Times event yesterday. Despite his team of lawyers advising against making any public statements, Sam Bankman Fried went on to answer heated questions by mostly avoiding any personal involvement in the mishaps between Almeda Research and FTX handling of assets. Why is SBF going public? Is it to appear innocent or to display enough negligence as to not be hit with a more severe penalty?
Read BlogAnimoca Brands has a big reputation in the metaverse, NFT, and web3 gaming sectors. They have had their hands in the growth of these industries across the board, and no have recently announced the plan to create a venture focused arm called Animoca Capital to set up a 2 billion dollar fund for mid to late stage metaverse start-ups. This is a big deal as it signals there is still interest in the growth of the metaverse. This sentiment isn’t only coming from web3 personalities, but also big tech companies like Nvidia which is predicting the prevalence of AI usage in the content generation of the metaverse. Already several companies are focused on providing the tools and software for this to become a reality. We imagine what the future of the metaverse will look like with so much financial backing and AI assistance on the horizon.
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