Blockchain Metaverse Marketplace Lootex Raises $9m
In an announcement today, Lootex announced it had raised $9 million to build a metaverse marketplace allowing game players to trade and buy items across multiple blockchains. Spartan Capital, Infinity Ventures Crypto, LD Capital and Akatsuki led the round. Other participants included Polygon Studio, HTC, Huobi Ventures, and Morningstar Ventures, among others. In statements from […]
The NFT Gaming third-quarter revenue reached $2.32 billion – Blockchain Gaming Alliance
Blockchain gaming continues to flourish and dominate the nonfungible token (NFT) industry according to research conducted by the Blockchain Gaming Alliance (BGA). According to the BGA, near 22% of all NFT trade volume took place in the third quarter of 2021. The study shows that NFT games generated revenue of $2.32 billion between July and […]
The Sandbox Raises $93 Million In Latest Round Of Investment
A Hong Kong-based gaming platform, The Sandbox, had raised $93 million from investors to allow users to create a virtual world using non-fungible tokens (NFTs). In the latest round, SoftBank’s Vision Fund 2 led the investment. Animoca Brands, the majority owner of The Sandbox, allows players to create their own virtual gaming experiences on the […]