Investment in InfiniGods Transforms Mobile Gaming 🎮
The venture firm Pantera Capital was the sole investor in an $8 million Series A funding round for the web3 gaming firm InfiniGods. Pantera expressed excitement about the InfiniGods team’s potential to revolutionize web3 in mobile gaming and lead their Series A round. The company aims to make web3 mobile gaming more inclusive and accessible as they integrate blockchain technology into their games, overcoming UX challenges associated with on-chain activities.
Key Developments in InfiniGods’ Journey 🚀
- InfiniGods launched its first game, InfiniMerge, in January 2023, moving it out of beta.
- InfiniMerge is an ancient-Greece-themed merge game where players combine similar items or upgrade them to advance gameplay.
- InfiniGods also develops other games like King of Destiny and Immortal Siege, catering to a diverse audience.
Scaling Up with Pantera’s Support 💰
The substantial Series A funding from Pantera enables InfiniGods to amplify its vision for the future of mobile gaming. This capital injection provides the resources needed to scale their blockchain infrastructure and reach a larger global audience. This investment marks Pantera’s continued support for InfiniGods, following their leadership in a $9 million seed round in May 2022.
Pantera’s Strategic Investment Strategy 🎯
Pantera’s decision to invest in InfiniGods aligns with their broader crypto venture fund goals. The firm recently announced its plan to raise $1 billion for the Pantera Fund V, focusing on startup equity, early-stage tokens, liquid tokens, and other assets. This strategic move positions Pantera to capitalize on the growing opportunities in the crypto and blockchain space.
Hot Take: Transforming Mobile Gaming Landscape 🌍
With Pantera’s significant investment, InfiniGods is poised to redefine the mobile gaming landscape by integrating blockchain technology seamlessly. The partnership between Pantera Capital and InfiniGods highlights the potential of web3 in revolutionizing the gaming industry and creating more immersive and inclusive gaming experiences for players worldwide.
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