Quick take:
- InfiniGods has completed a $9 million funding round led by Pantera Capital.
- Animoca Brands, Framework Ventures, Jefferson Capital, Animoca Brands and Double Peak also participated in the seed round.
- The blockchain gaming studio is known for its puzzling mythological mobile and web-based games.
InfiniGods has announced the successful completion of a $9 million seed round led by Pantera Capital. Animoca Brands, Framework Ventures, Jefferson Capital and Double Peak also participated in the fundraising.
The game developer said it plans to use the funds to develop and release three blockchain games in 2022, encompassing NFTs and in-game crypto, as well as, a DAO (decentralised autonomous organisation) governance token.
While gamers remain sceptical about the whole idea of play-to-earn gaming amid fears that video game studios are compromising game quality and fans for financial gains, InfiniGods said its developers have put user experience at the forefront of its list of priorities.
The company is keen on playing a crucial role in onboarding the next billion Web3 gamers without compromising the financial equilibrium in order to optimally tap into the opportunities created by the new industry trend.
InfiniGods is a multi-game project created to bring to life some of the most famous ancient mythologies and civilizations. The team believes that building games that are integrated with blockchain technology will improve the player experience.
“Through InfiniGods we will realize the true potential of Blockchain for Gaming, beyond just Play to Earn. Our Games and experiences we will be the next big on-ramp of millions of players & users to Web3,” the company wrote in a blog.
A play-to-earn crypto game gives players an opportunity to own in-game assets like weapons, skins and characters, creating a commerce-driven gaming ecosystem. Although many video game developers have chosen to stay away from the trendy concept, some have already announced plans to launch blockchain-based versions of their top gaming titles.
InfiniGods says blockchain technology can add value and solve many of the problems that game makers experience when building games for PC & Free-to-Play audiences, with interoperability and digital asset ownership among some of the features that the new age of gamers is finding compelling.
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