Browsing: Investment & Funding

The transition to blockchain assets is a new business model for gaming, states Fractal Co-Founder Justin Kan.

“LayerZero unlocks a future of blockchains without borders. Users will interact with omnichain dApps that exist on multiple blockchains,” states LayerZero Labs CTO Ryan Zarick.

Tea is an approachable, intuitive collection of tools that will work with both Web 2.0’s Internet of today along with web3,” states Tea Co-founder Max Howell.

Over ten new gaming titles will be released and supported by the C2X platform in 2022.

Wombat plans to use the proceeds from this round to accelerate its product development and expansion.

ConsenSys revealed that it will convert all Proceeds from the round to ETH to further builds ConsenSys’ “ultra sound money” position as a “rebalance the ETH to USD-equivalents ratio” in line with ConsenSys’ treasury strategy.

“TravelX will help suppliers and intermediaries enhance efficiency and profitability, while also improving the traveler experience,” states TravelX CEO Juan Pablo Lafosse.

“By supplying well-made games, and providing an innovative and stable platform that supports players, guild managers and community managers, we would like to lead the P2E industry,” states Epic League Executive Director, Jay Kim.

The Web 3.0 startup will use the funds to support growth, accelerate product development and expand its market.

The NFT platform provider also received investment from crypto gaming giant Animoca Brands and technology company Tencent.