Elixir Games, a top decentralized gaming platform, recently announced that it has raised $14 million in seed funding from prominent backers. The list of investors includes large names like Square Enix, the famous developer of Final Fantasy, and the Solana Foundation. Shima Capital, a top venture capital firm, also participated in the funding round. Boosting… Continue reading Elixir Games Secures Funding From Solana Foundation And Square Enix
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Farcana Secured $10 Million Seed Funding To Power MENA’s Web3 Growth
A third-person multiplayer shooter game, Farcana, secured $10 million in seed funding from a major consortium of investors. The lead backers of this project include Polygon Ventures, Merit Circle, Animoca Brands, and Fenbushi Capital, among others, representing a remarkable list that reflects the massive growth potential displayed in Farcana’s future. Farcana’s Gameplay Set in the… Continue reading Farcana Secured $10 Million Seed Funding To Power MENA’s Web3 Growth
Neon Machine Gets $20M In Series A Funding For ‘Shrapnel’ Game
Neon Machine has managed to secure $20 million in a recent Series A funding round for its highly expected Web3 game, “Shrapnel.” This massive investment comes after a successful seed round of $10.5 million in June 2021. The funding round acquired support from prominent investors, including Brevan Howard Digital, Polychain Capital, Franklin Templeton, Griffin Gaming… Continue reading Neon Machine Gets $20M In Series A Funding For ‘Shrapnel’ Game
Proof Of Play Secures $33 Million Funding For Web3 Gaming Initiatives
Web3 Gaming firm, Proof of Play recently confirmed a major funding round, highlighting the growing interest and investment in decentralized gaming platforms. Strong Support For Proof Of Play Proof of Play, under the stewardship of its CEO Amitt Mahajan, co-creator of the renowned game Farmville, has raised $33 million to support its operations in the… Continue reading Proof Of Play Secures $33 Million Funding For Web3 Gaming Initiatives
Jungle Gets $6M In Seed Funding To Introduce Web3 Games To The Market
Web3 game publishers Jungle secured $6 million in a funding round spearheaded by BITKRAFT Ventures and Framework Ventures. This seed round also sees participation from Delphi Digital, Monoceros, 32bit Ventures, Karatage, Fourth Revolution Capital, Snackclub, Norte Ventures, and Stateless Ventures. This marks Jungle’s entry to expand and innovate web3 gaming in various aspects. What Is… Continue reading Jungle Gets $6M In Seed Funding To Introduce Web3 Games To The Market
Oscar Award-Winning Filmmakers Consider NFTs For Funding
Oscar Award-winning filmmakers Chris Overton and Rachel Shenton have said that they plan to fundraise their latest documentary using the power of nonfungible tokens (NFTs) and Web3. “Sticks and Shelter” is the story of recovering addict and ex-professional drummer, Micky Donnovan. The story follows his life at the Macari Center for the homeless run by… Continue reading Oscar Award-Winning Filmmakers Consider NFTs For Funding
Funky Wolves NFT Project Reaches $5M Valuation After Angel Funding Round
The Funky Wolves NFT project has reached a staggering $5 million valuation after it completed its angel-round funding. This startup’s latest milestone comes in the wake of a string of exciting developments. For example, its first nonfungible token collection, the Funky Pass Genesis collection sold out within nine minutes. It also boasts an interactive immersive… Continue reading Funky Wolves NFT Project Reaches $5M Valuation After Angel Funding Round
Ayoken Raised $1.4M In Pre-Seed Funding To Expand Its NFT Marketplace
The latest reports confirm that Ayoken, a London-based non-fungible token (NFT) marketplace, has successfully raised $1.4 million in pre-seed funding. The startup now aims to use secured funds to bridge the gap between artists in the creative industry and their fans. In a May 31 announcement, the London-based NFT marketplace confirmed successful pre-seed funding that… Continue reading Ayoken Raised $1.4M In Pre-Seed Funding To Expand Its NFT Marketplace
Web3 Increased Funding Is A Boost To The NFT Market
In recent months, more institutions and individuals seem to be betting their money on Web3 which appears to be helping the NFTs sector thrive further. KuCoin crypto exchange’s venture capital arm and nonfungible token (NFT) marketplace has confirmed their launch of a $100 million “Creators Fund” to assist in bootstrapping early-stage NFT projects at the… Continue reading Web3 Increased Funding Is A Boost To The NFT Market
Notable VCs Rush Into Crypto And NFT Funding In The Past Few Weeks
Venture capital firms seeding into the crypto industry indicate no signs of slowing in 2022, with major investors continuing to endorse promising startups in niche industries spanning the metaverse, non-fungible tokens (NFTs), and play-to-earn (P2E) decentralized applications “GameFi.” Animoca Brands Leads $7.5M NFT3 Raise Animoca Brands, a Hong Kong-based blockchain game and virtual property developer,… Continue reading Notable VCs Rush Into Crypto And NFT Funding In The Past Few Weeks