February 17, 2022 — HONG KONG — Animoca Brands, the company advancing digital property rights for games and the metaverse, today announced that it has completed the 100% acquisition of indie game developer Grease Monkey Games. Grease Monkey Games is the developer of Torque Burnout and Torque Drift, and has a major new motorsport title in development.
Grease Monkey Games is a Melbourne-based high-quality motorsport game developer, founded in 2013 by video visual effects industry veteran Arran Potter.
With extensive experience in motorsports game development and established industry partnerships in 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 on mobile and PC and are loved by motorsports fans around the world. Its pipeline includes a major cross-platform racing game built in Unreal Engine 5, which will be announced shortly.
Grease Monkey Games’ current management will continue to operate the company after the acquisition, working closely with Animoca Brands to align efforts around blockchain integration, fungible tokens, non-fungible tokens (NFTs), capabilities games to win, synergy opportunities, and product launches, particularly in connection with Animoca Brands’ REVV Motorsport ecosystem.
Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, commented, “Animoca Brands is incredibly excited to welcome Grease Monkey Games, a team that has experience developing AAA game titles and shares our vision. of the open metaverse and, more specifically, for our very own REVV Motorsport. Grease Monkey Games not only adds exciting titles to our catalog, but also greatly enhances our development capabilities.
Arran Potter, Founder and Managing Director of Grease Monkey Games, said, “We are extremely excited to join the Animoca Brands family and their vision for the future of gaming. With our combined experience and licensed partners, we can create unique digital experiences for the REVV ecosystem. Blockchain technology will play a huge role in the future of gaming and the web in general, and I can’t think of a better partner to work with than Animoca Brands.
About Grease Monkey Games
Grease Monkey Games is a motorsports video game developer and publisher founded in 2013 as a contract company serving global automakers such as Honda, Nissan, Toyota, GM and Dodge. In 2014, the company shifted gears to developing its own original IP games, including Torque Burnout and Torque Drift, which have been downloaded over 45 million times across mobile and PC. Grease Monkey Games has an extensive portfolio of licensed partnerships with car manufacturers such as Nissan, Toyota, Ford and BMW, and aftermarket manufacturers such as Link ECU, Wilwood and Mishimoto. With a growing roster of professional motorsport athletes such as Adam LZ, Vaughn Gittin Jr. and Mad Mike, and top motorsport events such as Formula Drift, RedBull Drift Shifters and GridLife, Grease Monkey Games connects motorsport enthusiasts video games and motorsport fans around the world. To stay up to date, visit www.greasemonkeygames.com or follow us on Twitter or LinkedIn.
About Animoca brands
Animoca Brands, winner of the Deloitte Tech Fast and listed in the Financial Times Asia-Pacific High Growth Companies 2021 list, is a leader in digital entertainment, blockchain and gamification. It develops and publishes a wide portfolio of products, including the REVV token and the SAND token; original games such as The Sandbox, Crazy Kings and Crazy Defense Heroes; and products using popular intellectual properties such as Formula 1®, Disney, WWE, Power Rangers, MotoGP™ and Doraemon. Animoca Brands’ blockchain investment portfolio includes over 150 of the most promising NFT-related companies and projects. For more information, visit www.animocabrands.com or follow us on Twitter or Facebook.