Animoca’s Investment Sets New Valuation Precedent in Web3 Gaming
- Animoca Brands invested $2.4 million in Pixels, a Web3 game.
- Pixels’ fully diluted valuation (FDV) reached $2.65 billion post-investment.
- Founder Luke Barwikowski had only $200 left before the investment.
This strategic move by Animoca highlights a significant precedent in valuing early-stage Web3 gaming companies, with the substantial FDV increase demonstrating investor confidence and potential for high returns despite initial financial constraints.
