17 February 2022 — HONG KONG — 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.”
About Grease Monkey Games
Grease Monkey Games is a motorsport video game developer and publisher founded in 2013 as a contract-based company serving global car manufacturers 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 more than 45 million times across mobile and PC. Grease Monkey Games has an extensive portfolio of licensed partnerships with vehicle manufacturers including Nissan, Toyota, Ford, and BMW, and aftermarket parts manufacturers including Link ECU, Wilwood, and Mishimoto. With a growing roster of professional motorsports athletes such as Adam LZ, Vaughn Gittin Jr., and Mad Mike, and flagship motorsport events such as Formula Drift, RedBull Drift Shifters, and GridLife, Grease Monkey Games connects video game enthusiasts and motorsport fans worldwide. To stay up to date visit www.greasemonkeygames.com or follow us on Twitter or LinkedIn.
About Animoca Brands
Animoca Brands, a Deloitte Tech Fast winner and ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021, is a leader in digital entertainment, blockchain, and gamification. It develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Formula 1®, Disney, WWE, Power Rangers, MotoGP™, and Doraemon. Animoca Brands’ portfolio of blockchain investments includes over 150 of the most promising NFT-related companies and projects. For more information visit www.animocabrands.com or follow on Twitter or Facebook.
Animoca Brands global contact: email@example.com
Animoca Brands North America: Marla@thoroughbred-communications.com
Grease Monkey Games: firstname.lastname@example.org