Elixir Video games, a Web3 gaming agency, has introduced that it raised US$14 million in a seed funding spherical led by famend gaming firm Sq. Enix, with contributions from the Solana Basis and Shima Capital.
The funding is ready to speed up the event of Elixir’s gaming ecosystem, which is anticipated to launch within the second quarter of 2024, and can facilitate the introduction of the corporate’s native $ELIX token.
The funding marks a major step for Elixir Video games in its mission to domesticate a decentralized gaming group that delivers distinctive and fascinating experiences.
The corporate’s technique encompasses a launchpad and incubation program designed to help Web3 recreation builders.
With this newest spherical of funding, Elixir Video games’ complete funding reaches US$20 million.
Sq. Enix’s participation within the funding spherical displays the JRPG specialist’s strategic transfer into the Web3 gaming area, a continuation of its beforehand acknowledged funding pursuits.
The Japanese online game large is famed for blockbuster collection akin to Last Fantasy and Kingdom Hearts.
Presently, Elixir Video games’ platform is dwelling to over 130 video games and has amassed a consumer base exceeding 500,000 registered gamers.
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