Animoca has recently announced its interest in investing in six leading blockchain companies. As per the report, the leading games developer and publisher has taken this initiative to secure its position in blockchain gaming.

The main motive behind this initiative is to publish dApps and blockchain based products to the market. With this the company aims to bring an awareness as well as educate the public about blockchain. This will enhance the stimulation of accepting blockchain products and cryptocurrency tokens by various companies.

For this, the company has invested an amount of US$1 million (A$1.4 million) with its partners Datum, LikeCoin, Musicoin, OST, Harmony and I-House. The six companies have planned to work unitedly to bring on a platform which supports gaming development through blockchain.

Moreover, Co-Founder and Chairman of Animoca, Yat Siu has also taken this opportunity to share his views. He said that Animoca hopes in making products which can have the support of many blockchain technologies at once.

Furthermore, Siu also commented that the investment is done in exchange of the equal amount of tokens provided by its partners. The shares are countable by converting the amount into Australian dollars specifically provided to each company. Afterward, the amount is divisible by a specified approximate price of A$0.10.

With this the company aims to make a permanent place for itself in the long run in blockchain gaming. Thus, Animoca is hopeful of its long term survival in the industry.