Animoca Brands, the ASX-listed games maker, is planning to launch a MotoGP-branded race management game. 

In a press release published on Thursday, Animoca said that the latest deal allows it a three-year global licensing agreement with Dorna Sports, the MotoGP rights holder, for creating and launching the game and all the related digital collectibles. 

The company also announced that it has received AUD 1 million in funds for developing the game and other related business opportunities. Investors included the founding chairman of Goldman Sachs Asia Pacific, the founder of AP Capital, Moses Tang, and also Yat Siu, the co-founder and chairman of Animoca. 

The game themed for motorbike racing will implement custom smart contracts and blockchain technology to enable the players to purchase, college and exchange in-game collectibles which will be included in the game’s storyline.

The managing director at Dorna Sports, Pau Serracanta, said:

“The digital world is one of opportunity and I’m proud to see MotoGP further cemented as a forward-thinking and innovative brand, at the same time as giving fans another way to engage with our sport and get the most from their passion for Grand Prix motorcycle racing.”

The game is planned to launch in the beginning of the 202 MotoGP racing season, which is usually in March. 

MotoGP was established in 1949, and witnesses sports bike races hosted worldwide. The event is attended by more than 400 million people from around the globe, said Animoca.