Animoca Brands, the company advancing digital property rights for gaming and the metaverse, today announced it has completed the acquisition of 100% of indie game developer Grease Monkey Games.
Grease Monkey Games is the developer of Torque Burnout and Torque Drift, and has a new major motorsport title in development. Grease Monkey Games is a Melbourne-based developer of high-quality motorsports games, founded in 2013 by Arran Potter, a veteran of the video visual effects industry.
With extensive experience in motorsports games development and established industry partnerships across motorsports and automotive manufacturing, Grease Monkey Games adds significant game development capabilities and expertise to Animoca Brands.
Its games have been downloaded 45 million times across both mobile and PC and are enjoyed by motorsports fans all over the world. Its pipeline includes a major cross-platform racing game built in Unreal Engine 5, to be announced shortly.
The current management of Grease Monkey Games will continue to operate the company after the acquisition, working closely with Animoca Brands to align efforts relating to blockchain integration, fungible tokens, non-fungible tokens (NFTs), play-to-earn capabilities, synergy opportunities, and product launches, particularly in connection to Animoca Brands’ REVV Motorsport ecosystem.
Yat Siu, co-founder and executive chairman of Animoca Brands, commented: “Animoca Brands is incredibly thrilled to welcome Grease Monkey Games, a team that has experience in developing AAA gaming titles and shares our vision for the open metaverse and, more specifically, for our own REVV Motorsport. Grease Monkey Games not only adds exciting titles to our catalog, but it also significantly enhances our development capabilities.”
Arran Potter, founder and managing director of Grease Monkey Games, said: “We are incredibly excited to be joining the Animoca Brands family and its vision for the future of gaming. With our combined experience and licensed partners, we can build unique digital experiences for the REVV ecosystem. Blockchain technology will play a large part in the future of gaming and the web at large, and I can’t think of a better partner to work with than Animoca Brands.”