The PRIMATE Token from Animoca Brands Has Been Listed on Huobi Global

　　Animoca Brands just announced that its PRIMATE Token has been launched for trading on the Huobi Global crypto platform.

　　PRIMATE is the native token of Benji Bananas, Animoca Brands' physics-based free-to-play mobile arcade game. The game has received over 50 million downloads and is linked to the ApeCoin (APE) ecosystem, with PRIMATE. Tether has been coupled with the play-to-earn token (USDT).

　　According to Animoca Brands, Benji Bananas players can only earn PRIMATE Tokens by playing the game while holding a Benji Bananas Membership Pass NFT, which can be purchased on OpenSea, LooksRare, and Rarible.

　　PRIMATE is now exchangeable on SushiSwap for ApeCoin (APE), REW, TOWER, GMEE, QUIDD, PROS, DOSE, STZ, and Ether, according to the startup for digital property rights in gaming and the metaverse (ETH).

　　Benji Bananas is reported to be the first utility provider for APE. The first 5,000 Benji Bananas Membership Pass NFTs went on sale on March 17 for 25 APE each and sold out in 2 minutes.

　　Exchange of cryptocurrencies According to CoinMarketCap, Huobi Global is now ranked sixth among the Top Cryptocurrency Spot Exchanges.

　　In a recent announcement, Animoca Brands announced a collaboration with OneFootball and Liberty City Ventures to form OneFootball Labs as a joint venture.

　　According to the release, OneFootball Labs will work to provide football fans with an entirely new experience driven by blockchain technology. The new firm would “allow clubs, leagues, federations, and players to produce digital assets and fan-centric experiences” on the blockchain, leveraging the extensive network of Animoca Brands in the blockchain ecosystem.

　　While the company's subsidiary, The Sandbox metaverse, is in talks with investors to raise $400 million in a fresh round of funding.

　　Bloomberg claimed that the blockchain business is seeking a $4 billion value, citing unidentified sources close to the transactions. As the negotiations continue, the amount of the offering and its market value may change.

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