C2X blockchain gaming platform raises $25 million

The funding round, carried out by a private sale of tokens, values ​​the platform at $500 million. C2X says it also plans to launch its own public token of the same name, although no date has been set for its launch, according to a press release.

C2X blockchain gaming platform raises $25 million

C2x strengthens its positions

Investors were selected based on their prominence and track record as business leaders in their respective industries, including gaming, crypto, DeFi, Blockchain, and entertainment. The list of investors can be found on medium : “FTX Ventures, Jump Crypto, Animoca Brands, Hashed, Terra, Transcend Fund, Galaxy Interactive, Skybound, Blockchain Coinvestors, DeFiance Capital, Play Ventures, Crypto.com, Infinity Ventures Crypto, Unanimous Capital, Bowei, Xsolla, Huobi Ventures, Goal Ventures, Concept Art House, Agnitio Capital and Formless Capital.”

C2X is a world leader in the development of Web3 game architecture, advancing the industry through the use of decentralized finance. The platform is built on Terra, an application-specific blockchain, based on the Cosmos SDK and Tendermint consensus, which ensures that all necessary assets and data will remain secure, transparent and tamper-proof. The Terra blockchain allows developers to rely on a robust ecosystem that rewards both users and creators.

C2X was developed with the goal of setting a standard for the ever-growing blockchain gaming industry. It was designed to be an open blockchain gaming platform that could encompass the blockchain gaming ecosystem and although a game dies in the C2X ecosystem, the assets and objects within it are preserved. and can be transferred to other games or used to create other values. You can read more information about gamefi and web 3.0 here .

MetaMagnet takes on the gaming ecosystem

MetaMagnet Ltd Director Paul Kim said on medium “ C2X is revolutionizing the blockchain gaming ecosystem by providing a platform that actively supports its users and creators. As part of our long-term growth strategy, we are actively seeking strategic projects that will exponentially increase the expansion of C2X. FTX has enjoyed considerable success since its launch just over three years ago, and its ability to provide global users with access to the digital asset ecosystem in a regulated manner has made it an obvious choice for the market. IEO. The funds raised and today's IEO will provide us with the capital and global exposure needed to provide investors with added value throughout C2X's existence.»

In addition, more than 10 new games are expected on the C2X platform in 2022, including the very recent Summoner War: Lost centura which joined the ecosystem on March 16. Don't miss any news on crypto-gaming by following our specialized forum here .

The video game industry and the development of blockchain and gamefi technologies are among the most popular topics of the moment and it is interesting to follow these fundraisers in order to understand the vision of professional investors in the market.

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