Animoca Brands subsidiary Grease Monkey Games has scored a major coup by securing a grant from Cary, the creators of Fortnite and Epic Games. The MegaGrant, which can range from $5,000 to $500,000, is given to promising projects in the space and Grease Monkey Games has shed some light on how it will be used.
According to Grease Monkey, the funds will be put towards its Torque Drift 2 motor sport game. Animoca, Grease Monkey’s parent company which specializes in blockchain games, has been pursuing metaverse development for a while now and this title is the latest effort from them.
Thus far, Animoca has developed over 340 games and studio projects that make use of blockchain and blockchain-based assets like NFTs. These include titles such as Axie Infinity and The Sandbox.
The drift physics for the upcoming game, as well as its film production and software development (which will be done with Epic’s Unreal Engine), will be part of the things paid for with this grant. So far, we know that the game will feature car NFTs in a racing setting and once it is launched, Grease Monkey plans to allow players to access real ownership of the in-game assets.
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Tokoni Uti has written extensively on blockchain and cryptocurrency for years. Her work has appeared on sites like BTCmanager and Blockchain Reporter. She has a degree in Corporate Communications.