Elixir Video games, a number one decentralized gaming platform, has just lately introduced that it has raised $14 million in seed funding from distinguished backers. The listing of traders consists of large names akin to Sq. Enix, the famend developer of Last Fantasy, and the Solana Basis. Shima Capital, a number one enterprise capital agency, additionally participated on this funding spherical.
Enhancing the gaming ecosystem
The first aim of this funding is to develop a decentralized gaming ecosystem that’s set to launch inside the yr. It will contain enhancing Elixir’s present platform, which presently hosts over 130 video games and has greater than 500,000 registered customers. The funds raised may even facilitate the launch of Elixir’s personal token, referred to as ELIX, which can energy their services and products.
Aside from creating its personal platform, Elixir Video games has additionally allotted a portion of the funding in direction of the debut of the Launchpad & Incubation Program. This program is designed to help crypto recreation builders by offering them with sources and steerage, fostering progress and innovation inside the ecosystem.
Sq. Enix’s Involvement
Sq. Enix’s participation on this funding spherical isn’t a surprise, contemplating their partnership with Elixir Video games that was introduced final yr. Nevertheless, it’s value noting that Sq. Enix has additionally invested in a competing crypto gaming launcher referred to as HyperPlay. This means a non-exclusive relationship with Elixir and a broader curiosity within the crypto gaming business.
Carlos Roldan, CEO of Elixir Video games, expressed his pleasure in regards to the funding, stating that it’s a vital milestone for the corporate’s mission to innovate inside the world gaming ecosystem. This funding spherical follows Elixir Video games’ current growth by way of the acquisition of LitLab Video games, which has enriched their recreation portfolio.
Upcoming launches and campaigns
Elixir Video games has a number of deliberate launches for 2024, together with the discharge of the ELIX token and the Elixir Launchpad. These initiatives purpose to introduce premium platform options and preliminary recreation choices to their consumer base.
Moreover, on April 4, the corporate will kick off a season move marketing campaign that gives $750,000 value of prizes by way of recreation tournaments and different promotional actions. This marketing campaign is anticipated to interact the gaming group and entice extra customers to Elixir’s platform.
Conclusion
The numerous funding raised by Elixir Video games marks a significant step in direction of remodeling the gaming business with its decentralized strategy. By offering a platform for each builders and players, Elixir Video games goals to create a extra honest and clear gaming ecosystem. With the launch of their very own token and varied upcoming initiatives, Elixir Video games is ready to make a major impression on this planet of gaming.
