somo

According to the official blog, Animoca Brands has completed the acquisition of the digital collectibles and gaming company SOMO.SOMO owns products such as "SOMO Codex," "SOMO Duel," and its flagship game "SOMO Battleground," with an ecosystem dedicated to transforming digital collectibles into playable, livestreamable, and tradable assets across games.Yat Siu, co-founder and executive chairman of Animoca Brands, stated that SOMO is building a cultural operating system for collectibles, which complements the company's existing portfolio. By integrating SOMO into its ecosystem, Animoca Brands plans to leverage its global network of games, communities, and partners to drive cross-platform promotion and community growth for the SOMO brand.

ChainCatcher news, since the launch of the mobile application for the Web3 social application forum SoMon on June 19, there have been over 300,000 on-chain transactions within 14 days, and the number of registered users has reached 87,000.It is reported that SoMon utilizes NFT technology and the "Megaphone" tool to achieve content monetization and profit distribution. The platform is set to conclude its first season on July 31, 2024, and plans to airdrop its community token $OwO to the community on August 1. SoMon aims to lower the entry barriers through Web3 technology, activate the community economy, and empower users to independently establish and manage communities.