Moxy Raises More Than $10 Million in Funding to Fuel Web3 Gaming Platform
It is reported that the Web3 game platform Moxy has announced that it has completed more than US $10 million of financing, with the participation of investors s
It is reported that the Web3 game platform Moxy has announced that it has completed more than US $10 million of financing, with the participation of investors such as Shima Capital, Polygon, MetaTope and GSR. Moxy’s Web3 game platform based on the FLOW blockchain-driven helps players including E-sports players and other players participate in the game and gain incentives in a decentralized, safe and stable way. At the same time, it also allows game developers to seamlessly create NFT based on game assets to promote the popularity of E-sports. In addition, Moxy also uses a unified digital wallet to participate in the game ecosystem so that players can store cryptocurrency and NFT. It is reported that Nolan Bushnell (founder of Atari) Lawrence Siegel (President of Sega Europe) and Tony Bickley (Director of Sega Europe) have joined the Moxy team.
Web3 game platform Moxy completed financing of more than US $10 million
Analysis based on this information:
Moxy, the Web3 game platform, has secured more than US $10 million in funding, with a consortium of investors such as Shima Capital, Polygon, MetaTope, and GSR. The platform is built on the FLOW blockchain and aims to provide a decentralized, secure, and stable environment for gamers to play and gain incentives. The platform allows for the creation of NFTs using game assets, which can be used to promote E-sports gaming.
Furthermore, Moxy leverages a unified digital wallet that enables players to store cryptocurrency and NFTs within the gaming ecosystem. Game developers also benefit from a frictionless experience when creating NFT-based game assets.
The participation of industry veterans such as Nolan Bushnell, Lawrence Siegel, and Tony Bickley in the Moxy team adds significant value to the team’s expertise. Nolan Bushnell, the founder of Atari, is well known for being a pioneer in the gaming industry, and his experience could provide invaluable insights and strategic direction to the Moxy team. Lawrence Siegel and Tony Bickley bring a wealth of experience from their roles as President and Director of Sega Europe, respectively.
The funding comes amid growing interest in the Web3 technology, which promises to revolutionize the gaming industry by providing gamers and developers with more control over their gaming experience. The use of NFTs in gaming is an exciting new development that allows gamers to trade and own unique virtual assets that enhance their gaming experience.
In conclusion, Moxy’s successful funding round is a testament to the growing interest in Web3 gaming, and with the involvement of reputed industry veterans, it has a solid foundation to build upon. The use of FLOW blockchain and NFTs in gaming could have a significant impact on the industry, and Moxy’s platform could be at the forefront of this trend.
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