Battling Blockchain Game Galaxy Fight Club Welcomes $7M Investment

2 years ago

Gamefi has been the speech of the municipality successful crypto for a portion now, and increasing organization involvement suggests there’s plentifulness of contention near to run. Whether it’s Gemini raising $400m to facilitate entree to the metaverse, oregon the Tron Foundation launching a $300m gamefi fund, an seemingly endless stream of superior is flowing into the abstraction and nourishing the content that precise soon, we’ll each beryllium donning VR headsets and devoting our escaped clip to exploring, interacting and earning successful immersive virtual world worlds.

The latest task to invited a seven-figure concern is Galaxy Fight Club, a MOBA crippled built connected the Polygon blockchain. In its latest effect and backstage sale, the cross-IP crippled raised $7 cardinal successful a circular led by Animoca Brands, Sequoia Capital and Skyvision Capital, having won concern from The Chernin Group, YGG SEA, Spartan Capital, Sfermion, PKO Investments, Infinity Ventures Crypto, Rarestone Capital and galore others.

Galaxy Wars Commence

Distinct from galore of its battle-based competitors, the task seeks to emulate Nintendo’s Super Smash Bros franchise by providing a signifier wherever players from astir the satellite tin bring their ain NFTs (Cryptopunks, BAYC, etc) to the enactment and combat to gain rewards.

By giving NFT owners from antithetic communities an accidental to usage their weird and fantastic assets connected an interoperable platform, Galaxy Fight Club seeks to make a sustainable ecosystem that challenges the existent siloed model. As the GFC squad sees it, each azygous NFT task is simply a lego-brick conscionable waiting to beryllium connected to others.

The conception has intelligibly recovered favour with the industry’s task superior firms: implicit 2 twelve parties participated successful the bootstrapping round, and The Chernin Group’s Partner Jarrod Dicker sees Galaxy Fight Club arsenic a terrific bet. “There are 2 large trends coming to crypto gaming, shepherding successful the inferior of PFP (profile picture) NFTs and making play-to-earn games much fun. Galaxy Fight Club is pioneering both,” helium says.

“Building disconnected of the composability quality of large NFT projects, Galaxy Fight Club is creating a caller worth for these communities by presenting a amusive mode to leverage their favourite projects.”

As good arsenic opening the floodgates to aggregate NFT collections, Galaxy Fight Club features its ain platform-native Genesis Fighter avatars that make rewards (5-15 $GCOINs daily) simply for holding them successful your wallet. These autochthonal fighters provoked plentifulness of hype erstwhile they sold past year, with the postulation of 10,127 NFTs selling for adjacent to $10 million. This postulation accounted for 40% of the platform’s full supply.

Whether players determine to wage warfare with a tricked-out genesis fighter, an NFT from elsewhere, oregon an automated default combatant with basal stats, their avatar tin beryllium enactment to the trial successful PvP Deathmatches, 3v3 Team Tournaments and 10-person Battle Royales with a scope of prizes up for grabs, including $GCOIN, weapons, adjacent ETH.

“We spot immense imaginable for protocols integrating accrued inferior of their NFTs, alternatively than being solely a societal presumption symbol,” says Skyvision Capital Partner Patrick Wu. “The GFC squad has a wealthiness of acquisition successful knowing products and has designed an easy, amusive and interactive game.”

Galaxy Fight Club has already formed a fig of cardinal partnerships that could assistance it execute its lofty ambitions, not slightest with respective gamefi guilds – Perion DAO, Avocado Guild, YGG Sea and Path DAO. Having present completed a bumper backing round, the task looks good placed to marque a splash successful crypto’s hottest and fastest-growing space.

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