Game of Silks Raises $2 Million To Bring Thoroughbred Racehorses Onto The Blo...

Game of Silks Raises $2 Million To Bring Thoroughbred Racehorses Onto The Blo...

Game of Silks, the first-ever play-to-earn (P2E) metaverse featuring derivative NFTs (non-fungible tokens), has announced the successful completion of its fundraising campaign. According to the official statement, the team behind this highly anticipated blockchain game has raised $2 million, which will accelerate the development of its metaverse that reflects a virtual replica of the real-world […]


Related News

Silks Secures $2 Million Funding To Develop The First-Ever Thoroughbred Horse...

Game of Silks (Silks), the first-of-its-kind derivative play-to-earn (P2E) metaverse featuring derivative NFTs, has successfully secured $2 million in funding. This fresh capital injection comes just weeks ahead of the Kentucky Derby and the upcoming launch of Silk’s first NFT collection. Tropical Racing Inc., a premier thoroughbred horse breeding and racing company, is among the many companies offering strategic and financial support to the Silks project. Troy Levy, the CEO of Tropical Racing Inc. and the co-founder of Game of Silks, explains, “The transaction announced today with Game of....

Game Developer Moonray PBC Raises $3.5 Million, Aims to Bring NFT and Blockch...

On December 14, Moonray PBC, the developer behind the multiplayer action-role-playing game (RPG) Moonray, announced that the project has raised $3.5 million from strategic investors. Moonray is considered the first metaverse and gaming non-fungible token (NFT) exchange built on the Bitcoin network via Stacks. Moonray PBC Leverages Stacks to Build a Blockchain Game on Bitcoin, Project Raises $3.5 Million From Strategic Investors Play-to-earn (P2E) games, non-fungible tokens (NFTs), and the metaverse have become very popular in recent times. There’s been a massive amount of....

GameCredits, Datcroft Games to Bring Cryptocurrency to Gaming

On Thursday morning, Datcroft Games announced a partnership with GameCredits to bring secure and seamless use of in-game cryptocurrency to a vast community of gamers and developers using natively-developed, back-end blockchain technology. Founded in 2016, GameCredits enables game developers to use the “GAME” token securely for MMORPGs and other games. The first roll-out is within the popular game Fragoria, which already has a user base of 8 million. Gamers either buy or win GAME and leverage them for in-game purchases, use in other games, immediate cash outs, or as an investment.....

Blockchain Firm Animoca Brands Raises $358 Million to Enhance Web3 and the Me...

Animoca Brands has announced the blockchain and cryptocurrency-focused firm has raised $358.8 million to bolster the non-fungible token (NFT) industry and “build the open metaverse.” The capital raise follows the firm’s previous $65 million and $138.88 million raises last year and today, Animoca Brands has an overall valuation of $5 billion. Animoca Brands Raises $358 Million in Financing Led by Liberty City Ventures, Blockchain Company Has Pre-Money Valuation of $5 Billion The firm Animoca Brands is a global developer utilizing popular brands,....

Vauld Raises $2 Million to Establish Stronghold in India

Singapore-based crypto bank Vauld is working hard to elevate crypto to the status of a separate, viable asset class. It combines the functionality of an exchange with all the essential offerings of a bank, except it’s for cryptocurrencies. Vauld Raises $2 Million The Vauld team just raised USD 2 million from Pantera, Coinbase Ventures, and CMT digital among others, over the last four months. “The investors loved that we were building to solve for banking with cryptocurrencies,” says CEO, Darshan Bathija. As the crypto market dominates financial news and gears up for what....