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 while spending less. 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 a lot more money[2][4]. Let’s find out how they did it and why AI is so important in tech.
Making More Money with AI
Animoca Brands made $314 million in bookings in 2024, which is 12% more than the year before[2][5]. They did this by using AI to make their work more efficient and save money. By using AI solutions, they cut their operating costs by 12%, from $246 million in 2023 to $217 million in 2024[2]. Saving money like this helped them make more profit and be more competitive in a tough market.
Diverse Ways to Make Money
Animoca Brands makes money in many ways. Their Digital Asset Advisory (DAA) business, projects they started, and investments all contribute to their income. The DAA part made $165 million, which is 116% more than the year before[2]. This shows that Animoca is really good at taking advantage of new trends in digital assets and blockchain.
Working with Others to Use AI Better
As well as saving money, Animoca Brands also works with other companies to use AI better. In the last quarter of 2024, they made a deal with an AI platform called Virtuals and worked with FLock.io, a community-driven AI platform[2]. These partnerships show that Animoca is always looking for new ways to use AI to grow.
Looking Ahead
Animoca Brands is expected to keep growing, especially if the US becomes more friendly to crypto[3][4]. The company’s co-founder and chairman, Yat Siu, thinks the future looks good because of changes in the rules[4]. As technology keeps changing, companies like Animoca are well-placed to take advantage of new opportunities in AI, blockchain, and digital assets.
Using AI for Long-Term Success
In short, Animoca Brands’ story shows that using AI can help companies make more money and save costs. By using AI, companies can not only improve their financial situation but also prepare for the future in a world where technology is always changing. As the tech industry keeps moving forward, using AI in the right way will be very important for companies that want to succeed.
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