FITCHIN, the community-centric gaming platform that is shaking up the ways in which gamers and Esports teams interact, has raised $3.5 million seed funding. The first round of funding for FITCHIN attracted several prominent crypto natives, venture capitalists, gaming personalities, and sports icons.
FITCHIN is the most integrated blockchain gaming platform to date – gamers can play, connect, and collect in novel ways, within one unified ecosystem. At the same time, its platform allows Esports teams to interact with their fans more intimately and generate a range of new revenue streams.
The platform enables gamers to be members of top team communities, compete in tournaments, buy limited NFT collections, and participate in exclusive events and experiences, all while earning rewards for milestones and active contributions. FITCHIN’s gaming platform offers teams with all the tools needed to grow their followings and generate new revenue streams through Web 3.0.
Gaming industry is fastly embracing blockchain technology – and the new technology looks set to disrupt and transform the US$300 billion global gaming market with over 3 billion players.
FITCHIN plans to use the new capital from seed funding across infrastructure, community building, and partnerships. The company mentioned in a press release shared with AlexaBlockchain that its focus on infrastructure will accelerate the development of its Esports community hubs, tournaments platform and NFT marketplace.
Additionaly, the company will also use the funds to bring onboard the first wave of elite professional esports teams that will join the FITCHIN community through membership passes, hosted tournaments and unique digital collectibles.
The company is also welcoming former Microsoft strategist and notable crypto entrepreneur, Joe McCann, as an official advisor. McCann joins additional notable FITCHIN advisors including legendary soccer player Sergio “Kun” Aguero.
Joe McCann, said that FITCHIN is the most integrated and forward-thinking gaming platform yet to enter the space.
“It combines the novelty and community-centric aspects that the next wave of gamers are seeking, from new play-to-earn capabilities and tight community hubs, to intimate access to teams,” Joe said.
Read Also: STAN Secures $2.5M Seed Financing To Build Esports Fan Engagement Platform
