Orbs

Animoca Brands Japan, a subsidiary of Hong Kong’s web3 leader Animoca Brands Corporation Limited, will join the Orbs Layer-3 (L3) network as a “Guardian.” The company behind such popular projects as the digital land development game The Sandbox, will serve as a validator.&nbsp; 
In what a press release refers to as <a href="https://www.cryptopolitan.com/yat-siu-trust-define-web3s-winners-losers/">Animoca’s</a> “first ever validator partner” relationship, the Hong Kong-based web3 giant will be acting as a validator node helping to stabilize the Orbs network, which is attempting to facilitate on-chain decentralized finance (defi) trading as an L3 protocol. 
“As a public, permissionless blockchain infrastructure project, Orbs relies on its Guardians to ensure network security and uphold its long-term vision” an Orbs <a href="https://www.orbs.com/New-Orbs-Guardian-Animoca-Brands-Japan/" rel="nofollow noopener" target="_blank">blog post</a> states. 
<img loading="lazy" decoding="async" class="aligncenter wp-image-586641" src="https://www.cryptopolitan.com/wp-content/uploads/2024/09/Screenshot-2024-09-12-at-11.07.56-1070x1200.jpg" alt="" width="700" height="785" srcset="https://www.cryptopolitan.com/wp-content/uploads/2024/09/Screenshot-2024-09-12-at-11.07.56-1070x1200.jpg 1070w, https://www.cryptopolitan.com/wp-content/uploads/2024/09/Screenshot-2024-09-12-at-11.07.56-268x300.jpg 268w, https://www.cryptopolitan.com/wp-content/uploads/2024/09/Screenshot-2024-09-12-at-11.07.56-768x861.jpg 768w, https://www.cryptopolitan.com/wp-content/uploads/2024/09/Screenshot-2024-09-12-at-11.07.56.jpg 1188w" sizes="(max-width: 700px) 100vw, 700px"> 
Animoca Brands’s <a href="https://animocabrands.co.jp/whatsnew/1m1AyPiDHPuPmMiuBartBJ" rel="nofollow noopener" target="_blank">update</a> details that the Orbs L3 protocol works in conjunction with L1 and L2 solutions like Ethereum, Polygon, BNB Chain, TON, Avalanche, and Fantom. 
The announcement comes after <a href="https://www.cryptopolitan.com/animoca-brands-secondary-shares-plummet-75/">reports in August</a> of the secondary market going cold on Animoca and non-fungible tokens (NFTs). However, co-founder and executive chairman of the company, Yat Siu, <a href="https://www.cryptopolitan.com/yat-siu-trust-define-web3s-winners-losers/">told Cryptopolitan</a> at the recent South Korea Blockchain Week: “We will continue to invest to grow the web3 ecosystem.”

Animoca Brands Japan joins Orbs network as validator

Cryptopolitan_News

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