The company has a global licensing agreement with Lionsgate and Hasbro to develop and publish Power Rangers titles on PC, mobile, and console platforms, and that deal could be extended if certain revenue benchmarks are met by September 2020. The deal will see Animoca hand over $1.94 million in cash and $5.75 million in shares, with $1.69 million of that cash consideration going straight into nWay for operating purposes.įor those unfamiliar with the name, nWay is the San Francisco-based developer-publisher behind titles like Chronoblade, Power Rangers: Legacy Wars, and Power Rangers: Battle for the Grid.
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