Asian Spectator

Men's Weekly

.

X World Games Secures $1.2 Million Funding led by Top Crypto Venture Funds

  • Written by ACN Newswire - Press Releases

Singapore - May 7, 2021 - (ACN Newswire) - The X World Games (XWG) is excited to announce a $1.2M funding from institutional investors, including NGC, FBG Capital, Longling Capital, SNZ, Moonwhale Ventures, AU21, Kyros Ventures and BTX Capital. This investment funding marks a critical milestone in XWG's initial stage.

X World Games Secures $1.2 Million Funding led by Top Crypto Venture Funds

The X World Games is a decentralized gaming ecosystem built on the Binance Smart Chain. Players can create, tokenize and trade customized in-game items with the ability to socialize with other crypto gaming communities.

Dream Card is the first blockchain trading card game on the X World Games platform using Non-Fungible Token. Gamers can obtain different ACG character cards and customize them with unique equipment, making the game more interesting and creative.

"X World Games is featured with low gas fees, fast-minting ability, and decentralized governance, providing a one-stop solution for blockchain gamers, and we are very amazed with this project," said the investor of LongLing Capital, a digital asset firm with AUM over 2 Billion.

"With our due diligence, we found X World Games already built a huge existing global-community base and had mature experience in NFT-gaming developing," said the investor from FBG Capital, a top digital asset firm in the blockchain-based market.

The traditional gaming industry is facing a tricky problem - inflation from the in-game economy, which leads to an unfriendly gaming experience. However, NFT can perfectly solve this issue based on its traits of indivisibility, irreplaceability, and uniqueness.

Fernando Liu, the CEO of X World Games, believes that NFT will provide a whole new era to the gaming industry, especially in decentralized gaming economics, with a more fair, balanced, and diversified ecosystem.

"X World Games' goal is to build a new blockchain game-based ecosystem, including NFT exchange, cross-chain bridge mechanism, DeFi swap & staking, and a game metaverse of creation and play. It will be more like a social network than just a gaming platform," added Erick, the CMO of X World Games.

The Dream Card game was initiated in 2019, inspired by the successful Pokemon Trading Card Game. Its former version of the game, Belle Battle Musou, has been available on iOS and android since 2017.

According to taptap.com, Belle Battle Musou has over 300,000 gamers in the global community and more than 60 million card owners, which placed a stepping-stone for X World Games' successful launch.

The XWG team is committed to creating a new ecosystem where crypto and non-crypto gamers can create and play their games, and there will be more games to launch in the near future.

To get more information about X World Games, please follow X World Games on social channels.

Social LinksTwitter: https://twitter.com/xwg_gamesTelegram: https://t.me/xworldgamesMedium: https://xwg-games.medium.com

Media ContactCompany: X World GamesContact: Ada Yuan, COOE-mail: marketing@xwg.gamesWebsite: https://xwg.games/Twitter: https://twitter.com/xwg_games?s=21

SOURCE: X World Games

Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

Authors: ACN Newswire - Press Releases

Read more //?#

Magazine

Diplomasi mendadak Prabowo jadi mediator AS - Iran: Langkah berani atau cari panggung?

(DPN)● Rencana Prabowo mediasi Amerika-Iran memicu keraguan.● Prabowo seakan ingin berperan seimbang untuk bertahan dari tekanan dari luar dan dalam negeri .● Tanpa daya tawar, media...

Masa depan padel: Antara gengsi atau turun kelas agar tren ini langgeng

● Padel sedang menjadi tren teratas aktivitas kaum urban sejak beberapa tahun terakhir.● Padel sudah menjelma sebagai validasi gaya hidup modern pemainnya.● Tren main padel akan sege...

The world’s largest climate finance deal was built to flounder: why funding fails to reach the front-line

Adopted in December 2015, the Paris Agreement commits countries to keeping global temperature rise below 2°C above pre-industrial levels. All 195 signatories set their own plans to meet this share...