funding round

Ubisoft invests in blockchain gaming

Source Node: https://dotesports.com/business/news/ubisoft-invests-in-blockchain-gaming
Time Stamp: October 28, 2021 7:32 PM - Modified On: November 2, 2021 - Published By:
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Ubisoft’s second quarterly earnings report revealed some interesting news today about the company’s investments. According to the document, the Assassin’s Creed and Far Cry developer is getting into blockchain gaming. Ubisoft participated in a funding round for Australian gaming company Animoca Brands, which was founded in 2014 by Yat Siu and David Kim. Animoca Brands has a few blockchain games currently available. There’s the racing game REVV Motorsport and NFT game F1 Delta Time, where players can collect various racing-related NFTs. For those more into building and exploration, there’s The

3D Cloud Startup Echo3D Raises $4M in Seed Round Led by Konvoy…

Source Node: https://www.prweb.com/releases/3d_cloud_startup_echo3d_raises_4m_in_seed_round_led_by_konvoy_ventures/prweb18263851.htm
Time Stamp: October 17, 2021 8:00 PM - Modified On: October 29, 2021 - Published By:
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NEW YORK (PRWEB) October 18, 2021 echo3D, a cloud platform that is revolutionizing the way 3D, AR and VR content is stored and streamed, has secured an investment of $4 million led by Konvoy Ventures, with participation from Space Capital LP, Remagine Ventures, and angel investors Datadog, GitHub, and Facebook. The announcement comes on the heels of echo3D’s latest milestone of registering 11,000 users worldwide since 2020. Founded in March 2018, echo3D, formerly known as echoAR, focuses on building tools and infrastructure to help developers create lighter and faster 3D

Cardano DeFi Project Spores Raises $2.3 Million in Funding Round

Source Node: https://coingenius.news/cardano-defi-project-spores-raises-2-3-million-in-funding-round-28/?utm_source=rss&utm_medium=rss&utm_campaign=cardano-defi-project-spores-raises-2-3-million-in-funding-round-28
Time Stamp: July 17, 2021 12:08 AM - Modified On: July 17, 2021 - Published By:
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It was a tough week price-wise in the cryptocurrency market. The total capitalization lost around $100 billion as every single coin from the top 20 is in the red. Some lost more than others, but we’ll get to that later. Kicking it off with Bitcoin. It had a relatively calm week, and even though it’s down about 3% over the period, it’s still not as bad as a lot of the altcoins. BTC was trading at around $34,000 last Friday, and apart from a brief positive spike on Monday, it

Ethereum Scaling Solution Polygon Partners Community Gaming to Support Instant Payments in E-Sports

Source Node: https://www.crowdfundinsider.com/2021/07/177830-ethereum-scaling-solution-polygon-partners-community-gaming-to-support-instant-payments-in-e-sports/
Time Stamp: July 15, 2021 6:46 PM - Modified On: July 15, 2021 - Published By:
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Polygon has partnered with Community Gaming in order to enable scalable E-sports tournaments. Built for grassroots tournament organizers, Community Gaming’s platform has been designed to  make it easier to develop custom e-sports tournaments within minutes with preconfigured payments. As noted in a release shared with CI: “Without any background knowledge of how wallets or smart contracts work, tournament organizers on Community Gaming can now seamlessly deploy their esports tournaments onto the Polygon network, allowing for instant player payments.” The Polygon team has developed what they claim is the “premier” Ethereum

Resolution Games closes $25M Series C funding round to dedicate more to existing titles and deliver additional live VR games

Source Node: https://www.auganix.org/resolution-games-closes-25m-series-c-funding-round-to-dedicate-more-to-existing-titles-and-deliver-additional-live-vr-games/
Time Stamp: July 14, 2021 7:32 AM - Modified On: July 14, 2021 - Published By:
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In Virtual Reality News July 14, 2021 – Resolution Games, a Virtual Reality (VR) games studio known for titles including Demeo, Blaston, Cook-Out: A Sandwich Tale and others, has today announced it has closed a Series C funding round of USD $25 million, bringing the company’s total funding to USD $38.5 million. The round was co-led by Qualcomm Ventures LLC and BITKRAFT Ventures, followed by Knutsson Holdings AB. Prior investors who also took part in the round included GV, MizMaa, GP Bullhound, Partech, Creandum, Initial Capital, Bonnier Ventures and Sisu

Polygon and Community Gaming Partner to Provide Scalable Esports Tournaments

Source Node: https://coingenius.news/polygon-and-community-gaming-partner-to-provide-scalable-esports-tournaments-33/?utm_source=rss&utm_medium=rss&utm_campaign=polygon-and-community-gaming-partner-to-provide-scalable-esports-tournaments-33
Time Stamp: July 13, 2021 12:09 AM - Modified On: July 13, 2021 - Published By:
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[PRESS RELEASE – London, United Kingdom, 12th July 2021] Nexo, the leading regulated institution for digital assets, has completed a strategic investment in Yield Inc, a company leading efforts to build the Yield Protocol – an Ethereum protocol that enables fixed-rate borrowing and lending by fostering the nascent DeFi bond market – as part of the company’s $10-million Series A funding round. Nexo aims to not only provide necessary funding but also to help Yield’s efforts to build DeFi native versions of traditional finance products. Nexo’s investment represents another important

FTX crypto exchange seals $210M naming rights deal for esports behemoth TSM

Source Node: https://cointelegraph.com/news/ftx-crypto-exchange-seals-210m-naming-rights-deal-for-esports-behemoth-tsm
Time Stamp: June 4, 2021 10:59 AM - Modified On: June 4, 2021 - Published By:
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FTX and global esports brand Team SoloMid, oTSM, have signed a multi-year partnership that grants exclusive naming rights to the crypto trading platform.According to a release issued on Friday, the deal is valued at $210 million with the esports brand’s name changing to “TSM FTX.”As part of the deal, TSM FTX will distribute crypto to players and employees with the newly repurposed esports company also purchasing $1 million worth of FTT — the native token of the FTX cryptocurrency exchange.Trading slightly above $34 as of the time of writing, a

Discord Integration Coming to PlayStation

Source Node: https://www.dbltap.com/posts/discord-integration-coming-to-playstation-01f4w9tfvy6n?utm_source=RSS
Time Stamp: May 4, 2021 3:33 PM - Modified On: May 4, 2021 - Published By:
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Top GamesDiscord and Sony have announced a new partnership that would bring the service to PlayStation Network. | Photo courtesy of DiscordSony is working to bring Discord to PlayStation Network, integrating the platform with its current voice chat system as part of a partnership between the two companies.Sony president and CEO Jim Ryan announced the news Monday.pog https://t.co/8dLFVWuZe2— Discord (@discord) May 3, 2021"Together our teams are already hard at work connecting Discord with your social and gaming experience on PlayStation Network," Ryan wrote. "Our goal is to bring the Discord

Avatar startup Genies scores $65 million in funding round led by Mary Meeker’s Bond

Source Node: https://techcrunch.com/2021/05/03/avatar-startup-genies-scores-65-million-in-funding-round-led-by-mary-meekers-bond/
Time Stamp: May 3, 2021 1:01 PM - Modified On: May 3, 2021 - Published By:
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Over the past several years I’ve covered my fair share of upstart avatar companies that were all chasing the same dream — building out a customizable platform for a digital persona that gained wide adoption across games and digital spaces. Few of those startups I’ve covered in the past are still around. But by netting a string of successful partnerships with celebrity musicians, LA-based Genies has come closer than any startup before it to realizing the full vision of a wide-reaching avatar platform. The company announced today that they’ve closed

Discord Ends Talks With Microsoft, Likely To Pursue IPO

Source Node: https://www.talkesport.com/business/discord-ends-talks-with-microsoft/
Time Stamp: April 21, 2021 4:02 AM - Modified On: April 21, 2021 - Published By:
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Last month we reported Microsoft was in talks with Chat startup, Discord Inc. to acquire the latter for a deal worth more than $10 Billion. But, as per a new report by WSJ, Discord has ended the talks with Microsoft and has decided to remain independent. The chat platform has decided to build upon its platform and further monetize its userbase that has grown significantly during the pandemic. Discord Inc. also plans to go public and launch its IPO later. Although the sources claim that the plans for IPO are