“Cross the Ages” (CTA), a free-to-play digital buying and selling card sport as non-fungible tokens (NFTs), introduced Wednesday that it has raised $3.5 million in fairness funding in an undisclosed valuation.
Led by gaming-focused crypto funding agency Animoca Manufacturers, the recent capital injection will likely be devoted to growth, expertise retention and go-to-market actions.
Different traders corresponding to The Sandbox's Sebastien Borget and Tenenergia's Nicolas Jeuffrain additionally participated within the newest funding. Together with earlier investments and group fundraising, the CTA has now raised a complete of $23.5 million.
Blockchain gaming is a fast-growing sector within the crypto business that’s typically seen as the important thing to attracting the subsequent huge wave of customers.
“Cross the Ages” is the primary collectible card sport for cellular set in a dystopian future, impressed by a collection of free-to-read novels. Gamers can compete individually or in groups to win NFTs and have the choice to transform their digital playing cards into bodily copies.
The latest funding coincides with the ecosystem's Token Technology Occasion (TGE), with exchanges corresponding to Bybit, KuCoin, GATE and MEXC set to checklist CTA tokens.
Since launching its digital buying and selling card sport in March 2023, CROSS THE AGES experiences that it has achieved over 400,000 downloads and 148,000 month-to-month energetic customers.
“We’re excited to welcome Animoca Manufacturers as a lead investor in our first fairness spherical. This collaboration signifies a shared dedication and vote of confidence for the CTA gaming world to develop IP throughout Animoca's ecosystem and model companions,” mentioned the CEO and co. founder Sami Chlagou.
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Chlagou additionally owns sport producer Pixel Coronary heart, which has created many video games for high-end platforms corresponding to Nintendo, Xbox and PlayStation.
Yat Siu, Govt Chairman and Co-Founding father of Animoca Manufacturers, added: “Blockchain gaming is a crucial motion that brings true digital possession to the plenty. CROSS THE AGES completely embodies the values of this motion, permitting customers to dwell experiences in a digital atmosphere firmly primarily based on private possession.”
Launched in 2020, CROSS THE AGES makes use of blockchain to mix futuristic fantasy with a sci-fi epic story. The CTA universe combines free-to-play and play-to-earn fashions, integrating books, comics, video games, esports, animation, collectibles, and a gaming funding mannequin that helps the transition to real-world renewable power.
