KlayCity Announces Investment from Animoca Brands

KlayCity, the first land NFT game built on Klaytn announced today that it has received an investment from Animoca Brands.

KlayCity is a P2E decentralized game, based on future earth wrecked by years of pollution. Built on the Klaytn Network, users are able to obtain district NFTs, modeled after real-life city districts. Users are able to utilize native tokens $ORB and $LAY to partake in a variety of activities including “Scavenging”, “Exploring”, and “Leveling”, through a fun and intuitive visual interface.

Animoca Brands is a global leader in gamification and blockchain with a large portfolio of over 100 investments in NFT-related companies and decentralized projects that are contributing to building the open metaverse.

The new funding announced today will be used to grow KlayCity into a global project, and onboard new users into the KlayCity ecosystem.

Jake Choi, a spokesman for KlayCity, commented: “Animoca Brands is the ideal match for KlayCity because of its vast experience in incubating and investing in different NFT and Gaming projects.”

Yat Siu, the executive chairman and co-founder of Animoca Brands, commented: “KlayCity has designed a unique ecosystem fully harmonizing DeFi and NFTs. We look forward to providing the necessary assistance to KlayCity for optimal growth.”

KlayCity sees this partnership as a vital boost in their go-to-market strategy. Animoca Brand’s wide range of resources and expertise will help KlayCity increase its market reach, onboard new partners, and ensure long-term growth of the KlayCity project

KlayCity is scheduled to launch in Q1 of 2022 and will feature play-to-earn mechanics.

About KlayCity

KlayCity is a P2E virtual world where district NFT owners can govern, explore and earn while enjoying the gaming experience. The premise is simple, Reinhabitate earth, gather resources, rebuild populations, and expand your territory. Built on Klaytn, KlayCity, is focused on gamefying DeFi and NFT into a single ecosystem.