• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Fenix ​​​​​​Games has raised $150 million to create the Webthree gaming ecosystem

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

The CEO and co-founder of Fenix ​​​​​​Games sees the venture as “like a venture capital fund”, as the driving force for the subsequent generation of blockchain video games.

Fenix ​​​​​​Games has raised $150 million to create the Webthree gaming ecosystem

Webthree game publisher Fenix ​​​​​​Games has just closed a $150 million funding round, made use of for the goal of obtaining, investing and distributing blockchain video games.

Related articles

Cardano vs Solana - which ecosystem is better

Cardano vs Solana – which ecosystem is greater?

March 9, 2024
Hong Kong cryptocurrency exchange Hounax scammed users out of $15.4 million

Hong Kong cryptocurrency exchange Hounax scammed consumers out of $15.four million

November 27, 2023

Thanks for the coverage @VentureBeat! Fenix ​​​​​​Games is a Web three. game publisher hunting to revolutionize the regular publishing model. We are thrilled to get begun. We have a whole lot of fantastic points planned for 2023! https://t.co/MiZU0MuR6X

— fenixgames (@playfenixgames) November 26, 2022

Participation in the financing round with the participation of Phoenix Group and Cypher Capital, the newspaper Jinse information. Chris Ko, CEO and co-founder of Fenix ​​Games who when led Mythical Games, sees his venture as “like a VC fund” to lead the subsequent generation of blockchain video games. CEO Chris Ko shared:

“We’re definitely going to begin with a substantial capital base to invest in the studios. We’re also hunting to have a broad variety of Webtwo video games in our portfolio.”

However, in accordance to Fenix ​​​​​​Games, getting a viable GameFi model is nevertheless a challenge. User Experience Weighs into Gas Rates and the Technical Complexity of Buying, Owning and Trading NFTs.

In current months, fundraising in the cryptocurrency sector has stagnated, if any, the worth raised is not large. $150 million has been paid Fenix ​​​​​​Games currently is a uncommon favourable indicator in the latest challenging series. Also, there are some notable sponsorship rounds in November like WalletConnect ($twelve.five million), Evmos ($27 million), StarkNet method Baavos wallet ($ten million), zkSync ($200 million)…

Synthetic currency68

Maybe you are interested:

  • Sam Bankman-Fried receives $300 million from FTX’s 2021 funding round
  • Cosmos – Onomy (NOM) DeFi protocol raises $ten million
Maybe you are interested:

Sorare is no longer classified as “gambling” prior to the FIFA World Cup

Korean Exchanges Eliminate WeMade’s WEMIX Token

Huobi end users are “outraged” by the managing of the GALA situation

UC Berkeley terminates stadium naming agreement with FTX

.linked-publish {} .linked-publish .publish-record { text-align: left } .linked-publish .publish-record .item { margin: 10px padding: 0px } .linked-publish .headline { font-dimension: 18px !essential colour: #999999 !essential } .linked-publish .publish-record .item .publish_thumb { max height: 220px margin: 10px 0px padding: 0px see block border radius: 15px } .linked-publish .publish-record .item .publish_title { font-dimension: 16px colour: #3f3f3f margin: 10px 0px padding: 0px see block text decoration: none } .linked-publish .publish-record .item .publish_excerpt { font-dimension: 13px colour: #3f3f3f margin: 10px 0px padding: 0px see block text decoration: none } @media display only and (min-width: 1024px) { .linked-publish .publish-record .item { width: 45% } } @media display only e (min-width: 768px) e (max-width: 1023px) { .linked-publish .publish-record .item { width: 90% } } @media display only e (min-width: 0px) e (max-width: 767px) { .linked-publish .publish-record .item { width: 90% } }

Post Fenix ​​​​​​Games has raised $150 million to create the Webthree gaming ecosystem that to start with appeared on Coinlive.

Tags: developecosystemFenixGamesgamingmillionRaisedWeb3
Share76Tweet47

Related Posts

Tesla Shares Falter Amid Trump and Musk Conflict

by shark
July 2, 2025
0

Tesla faces stock drop as Trump threatens subsidy cuts in clash with Musk.

Upbit Partners with Naver Pay for KRW Stablecoin

by shark
July 2, 2025
0

Upbit’s parent company Dunamu partners with Naver Pay to develop a Korean won-pegged stablecoin, integrating stablecoin technology into major fintech...

Bybit Launches EU-Focused Crypto Platform, Enhancing Regulatory Compliance

by shark
July 2, 2025
0

Bybit has launched its new platform, Bybit.eu, targeting users across the European Economic Area from its Vienna headquarters, enhancing regulatory...

Bitcoin Price Drops Below $107,000 Amid Market Volatility

by shark
July 2, 2025
0

Bitcoin's price falls below $107,000, signaling potential market volatility with key levels at risk.

Ripple (XRP) Faces Resistance at $2.3 Level

by shark
July 2, 2025
0

Ripple XRP is testing the $2.3 resistance level as market participants assess potential outcomes of this pivotal moment.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Tesla Shares Falter Amid Trump and Musk Conflict
  • Upbit Partners with Naver Pay for KRW Stablecoin
  • Bybit Launches EU-Focused Crypto Platform, Enhancing Regulatory Compliance
  • Bitcoin Price Drops Below $107,000 Amid Market Volatility
  • Aave Cash Price Prediction 2026 Hints at Strength as Qubetics Hits $4.20 Within First Hour Post-Launch
  • Ripple (XRP) Faces Resistance at $2.3 Level
  • AVAX, LTC, and BlockDAG Price Outlook: Where’s the Biggest Upside?
  • Coinbase Acquires Deribit for $2.9 Billion
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7