Wilson Sonsini advises Untamed Planet on a $24.3 million fundraising and partnership with Animoca Brands for NFT Games
On May 5, 2022, Untamed Planet announced that it had raised $24.3 million to create immersive 3D nature games that use metaverse concepts and non-fungible tokens (NFTs). Animoca Brands led the investment and will support the development of the Untamed Metaverse game with Animoca subsidiary Nway. Wilson Sonsini Goodrich & Rosati advised Untamed Planet on the transaction.
Untamed Planet is an immersive 3D experience in which players will be able to explore a digital twin of the world’s most stunning wild landscapes, participate in quests, collect NFT assets and form communities passionate about protecting nature, which will directly benefit to nature conservation efforts in the real world. Animoca Brands is an investor in metaverse and NFT games with over 200 blockchain-related investments, including Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), and Yield Guild Games.
As part of this partnership, Untamed Planet and Animoca Brands will develop and publish Untamed Metaverse, an upcoming game to benefit nature conservation efforts. Untamed Planet’s primary conservation partner is WildArk, a registered non-profit organization that works with dozens of other organizations around the world to support community-led conservation efforts and secure space for wildlife and the biodiversity.
The Wilson Sonsini team that advised Untamed Planet on the transaction includes Jonathan Chan, Rich Mullen, Becki DeGraw, Kevin Dong, Chris Paniewski, Scott McKinney, Rob Rosenblum, Amy Caiazza and Matty Gallas.
For more information, please see Animoca Brands’ press release or Venture Beat’s coverage of the transaction.