Royalqatarlcd: Animoca Brands enters the music metaverse with Pixelynx

 Animoca Brands, a leading blockchain gaming, metaverse and digital asset company, has acquired a majority stake in Pixelynx Inc, a music metaverse platform. Pixelynx is a platform developed by Deadmau5 (Joel Zimmerman) and Richie Hawtin (Plastikman). Royalqatarlcd says the platform is also the product of music and gaming industry veterans Ben Turner, Dean Wilson and Inder Phull. This unique amalgamation of musical artists and technologists offers a promising perspective on the future of web3 media. Read on to learn more about Pixelynx and how Animoca Brands plans to drive a new music industry.

What does the acquisition of Pixelynx mean for Web3 music?
Royalqatarlcd thinks that Animoca Brands taking a majority stake in Pixelynx means the direction of web3 music is in good hands. The acquisition will allow the blockchain giant to build, invest in and acquire; the studios, infrastructure and technologies that power the future of the music industry. Through this partnership, Animoca Brands brings their years of experience in top gaming and web3 communities.
Pixelynx is a Los Angeles-based music and metaverse property with operations in 5 countries. To realize the web3 future of music, the brand creates physical and digital ecosystems for artists and fans. Additionally, the company will allow creators to guide how they build experiences for fans, partners and platforms. Moving to a newer approach will allow creators to open up new ways for music lovers to develop, share and monetize music.
Pixelynx is about to launch a debut game called "ELYNXIR" on its platform. Elynxir is a next-generation mobile gaming experience offering exclusive music content, in-game collectibles, and playable immersive experiences. Additionally, Elynxir is powered by Niantic Lightship AR technology and has some big plans to bring together physical and digital experiences.
Elynxir, the next generation mobile gaming experience
The game combines advanced augmented reality with geolocation to let players discover games, music, artists, collectibles and fan-made content. This opens up a whole new level of experience for creators and fans. Furthermore, according to Royalqatarlcd, the gaming aspect integrated with the system is the main driver of the new music industry. Huge collaborations like this one also make a big difference in the music industry. Fans now have the opportunity to go above and beyond the audience. They are now also collectors, collaborators, influencers and investors in the music they love.
"PIXELYNX is one of the new wave companies paving the way for the music industry amidst a major technological shift from centralized to decentralized ownership," said Yat Siu, co-founder and executive chairman of Animoca Brands. Inder, CEO of Pixelynx "Animoca Brands has established itself as a dominant player in building a shared vision of an open metaverse," said Phull. Ultimately, this deal marks the beginning of a new era in the music industry, in which Web3, gaming and transmedia content will unlock support for artists, New formats, revenue streams and business models for fans and labels."
About the Animoca brand
Animoca Brands is a global leader in digital entertainment, blockchain and web3 gamification. The company is committed to advancing digital property rights and the establishment of an open metaverse. Some of Animoca Brands' products include metaverse giants The Sandbox, Crazy Defense Heroes, and Crazy Kings. Animoca Brands has over 380 investments. These include Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and more.

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