Tuesday, November 29, 2022
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Blockchain Gaming Succeed Achieve $25M In Token Sale

In this web 3 era, blockchain gaming has many fans.

This industry growing so fast since the time released.

Blockchain gaming platform C2X raised $25 million in a private token sale.

It includes purchases from FTX Ventures, Jump Crypto and Animoca Brands.

Previously, the investments values the platform at $500 million.

C2X says there also plans to launch its own publicly traded token by the same name.

But there is still no specific date for the release date that already set.

The platform will including “token economics, NFT marketplaces and a wallet,”

It will be build on the Terra blockchain and advised by Hashed, a longtime investor in the Web 3 gaming industry and major player in the Terra ecosystem.

Seeing the growth of Axie Infinity, this time the sector blockchain gaming growth continuously.

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Web 3 slowly shows its opportunity in online gaming sector.

According to coindesk.com;

“Com2us is pivoting to be a Web 3-first gaming company,” Baek Kim, managing partner at Hashed said.

Hashed participated in C2X’s private token sale and raised a $200 million fund of its own to support Web 3 gaming and ecosystems in December.

The investment in C2X is the latest affirmation of the confidence that FTX, Jump Crypto and Animoca Brands have in the growing Web 3 gaming industry.

“Blockchain technology provides a transparent and secure platform for users to buy, sell and store assets, and applying this concept to video games was the logical next step,” Paul Kim, director of MetaMagnet.

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“C2X puts the power in the hands of the users and builders, not in a single centralized entity, enabling the full community to direct the platform’s operations and fully invest in its success.”

So, What’s on your mind right now? is blockchain gaming a good place to invest?

SourceCoindesk
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