Animoca Brands Acquires Eden Games To Develop Crypto Racing Games
The company’s second game studio acquisition this year.
Founded in Lyon, France, in 1998, Eden Games has developed several award-winning racing games across mobile, console and PC. It is well-known for the Test Drive franchise and Need for Speed: Porsche Unleashed. In recent years the brand had focused on building mobile games like Gear.Club and F1 Mobile Racing.
The purchase marks Animoca Brand’s interest in developing racing games, an industry projected to reach a market size of $3.1 billion USD by 2028. Currently, popular titles like Forza Horizon 5 have over 10 million active users, and there is a growing interest in the development of “play-to-earn” games in the Web3 space.
The brand plans to focus on existing games within Animoca’s REVV Racing ecosystem and develop “a series” of new racing games based on the Ethereum sidechain scaling solution Polygon. All of Animoca’s current racing games are play-to-earn experiences built around the REVV token.