Animoca Brands' Anichess.
Animoca Brands' Anichess.
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Animoca Brands reports bookings fell 30% for 2023 fiscal year

  • Posted byby Dean Takahashi
  • Updated
  • 9 min

Animoca Brands reported that its bookings dropped 30% from $402 million in 2022 to $280 million in 2023, the company announced today.

The decrease in bookings was mainly due to the slowdown of economic activities in the overall Web3 market and the challenges faced by crypto-related businesses following the FTX scandal, the collapse of Luna and TerraUSD, and similar events connected to the crypto winter that developed in 2022 and persisted in 2023.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.