Animoca Brands, a web3 -oriented game company behind the Sandbox project, shared that it has reduced its costs with a double -digit thanks to artificial intelligence integration. Yat Siu, one of the founders of the company and the chairman of the board of directors, predicts that the company will continue to grow during 2025 with the strengthening of crypto -friendly policies in the USA.
Animoca Brands earned $ 314 million in 2024
Animoca Brands reported a total of $ 314 million reservation (Bookings) for 2024. This indicates an increase of 12 %on the basis of the year. The term “reservation olan, which is frequently used in the game sector, refers to the sum of income and postponed income. This concept includes possible sales and all payments based on incomplete contracts. The company’s income distribution was as follows:
- Digital Asset Consultancy (DAA) Department: In 2024, it provided $ 165 million in revenue and grew by 116 %.
- Affiliated organizations and incubation projects: produced 110 million dollars of revenue.
- Investment Activities: 39 million dollars contributed.
In general, the reservation amount, which was 280 million dollars in 2023, rose to 314 million dollars in 2024.
USA’s hot crypto policies support growth
Yacht Siu, said in a statement, the company’s importance for innovation, reservations have increased, he said. Kriptokoin.comAs we have transferred, Tether company aims to increase income with artificial intelligence investments.
While Animoca Brands continued to generate revenue from traditional business lines, it also focused on new growth areas such as consultancy services, real World Asset (RWA) projects, and a stablecoin initiative in collaboration with Standard Chartered and Hong Kong Telecommunications.
Siu said that the regulations for the crypto industry in the US have become increasingly favorable and this contributes to growth. However, President Donald Trump said that economic risks, such as tariffs implemented, should be taken into consideration.
In particular, the DAA section was the fastest growing business area of Animoca Brands. Siu described DAA as a practical example that shows the power of the web3’s shared network effect ”.
12 %decrease in costs with artificial intelligence use
Animoca Brands announced that it has reduced its business expenses, which was $ 246 million in 2023 to $ 217 million in 2024. This means a 12 %cost reduction. The company said that the main reason for this decline was the optimization of the second half of 2023 and the use of artificial intelligence technologies.
Siu said that due to fluctuations in crypto and global markets, the company focuses on the US market less, and instead they tend to support more support to companies in their portfolios.
He also stated that Animoca Brands benefited from artificial intelligence in areas such as investment decisions, game development processes and cost optimization. He even added that they trained special artificial intelligence agents using the knowledge and experience within the company.
