XBorg Raises $2 Million in Seed Round and Plans to Launch Gaming Application
XBorg, a Web3 company, has successfully raised $2 million in their seed round community allocation. This funding will support the scaling and adoption efforts of XBorg’s collaborative credential infrastructure and applications in the gaming industry. The community allocation received overwhelming interest from over 8,300 investors, totaling $7 million in soft commitments. However, the allocation was capped at $2 million, with the remaining $3 million reserved for leading venture capitalists. XBorg’s token, $XBG, is now valued at $50 million.
Key Points:
1. Community-focused approach: XBorg includes their community in the development of their platform, demonstrating their belief that players will shape the future of gaming.
2. Launching gaming application: XBorg will partner with prominent esports teams, starting with Rocket League world champions, Team BDS, to launch their first application. Users can build their digital identity, connect with gaming communities, and unlock exclusive experiences.
3. Fastest-growing gaming credential infrastructure: XBorg aims to become the fastest-growing gaming credential infrastructure through partnerships with top esports teams and gaming influencers.
4. Early supporter rewards: Users who create an XBorg account and refer their friends will be rewarded as early supporters of the ecosystem.
5. About XBorg: XBorg is a spin-off of SwissBorg, a crypto wealth management application with a large user base.
Hot Take
XBorg’s successful seed round and community-focused approach highlight the importance of involving players in shaping the gaming industry. By partnering with esports teams and influencers, XBorg aims to revolutionize gaming experiences and create a thriving community. With the launch of their first application, XBorg is set to make a significant impact in the gaming and fan engagement industry.
