Animoca Brands Corporation Ltd has acquired the business and trade name of NinjaStickers, which provides MotoGP, Moto2 and Moto3 non-fungible token (NFT) collectable stickers.
The company has acquired NinjaStickers from SingularCK Limited for an undisclosed sum, obtaining additional MotoGP licence rights and assets.
Following the acquisition, Animoca Brands will market and sell the NinjaStickers MotoGP-branded assets on its digital collectables subsidiary Quidd, Inc.
NinjaStickers NFTs are now purchasable on OpenSea with payment in REVV tokens.
Animoca co-founder and chairman Yat Siu said: “MotoGP is watched by an audience of over 400 million people worldwide and shown by more than 100 media broadcasters, and Animoca Brands is now a major provider of blockchain goods for MotoGP, Moto2, and Moto3.
“Previously these licensing rights were split between Animoca Brands and NinjaStickers, so this consolidation makes strategic sense and will provide a better and more valuable experience for fans.”
The acquired NinjaStickers assets will also provide additional utility for the companys recently launched REVV fungible token for motorsport gaming.
The company, however, clarified that this collection-based sticker asset type is not to be confused with the utility-based NFTs that Animoca Brands is already producing as part of its upcoming game based on MotoGP, which will launch on the Flow blockchain.
Animoca Brands has enabled its REVV token to be used for select purchases on the OpenSea marketplace and for a limited time will sell NinjaStickers MotoGP, Moto2, and Moto3 NFT card packs at the price of 1,888 REVV each.