Battling Blockchain Game Galaxy Fight Club Welcomes $7M Investment
Gamefi has been the talk of the town in crypto for a while now, and growing institutional interest suggests there’s plenty of race left to run. Whether it’s Gemini raising $400m to facilitate access to the metaverse, or the Tron Foundation launching a $300m gamefi fund, an apparently endless river of capital is flowing into the space and nourishing the impression that very soon, we’ll all be donning VR headsets and devoting our free time to exploring, interacting and earning in immersive virtual reality worlds. The latest venture to welcome a seven-figure investment is Galaxy Fight Club, a....
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NFT games continue to emerge as a hot topic in crypto. One upcoming game that’s been on our radar here at Bitcoinist is Crypto Fight Club (CFC), an NFT-driven boxing style game. Play-to-earn NFTs are one of the hottest discussions around NFTs, and CFC looks to enter the market with a fresh take. Let’s take […]
As play-to-earn games continue to enter the market, one NFT-implemented fighting game is looking to stand out from the rest: Crypto Fight Club. The title has already launched their website, alongside a detailed white paper in recent months. Now, the emerging game has completed an immensely successful seed round, raising nearly $3M from a bevy of well-respected investment groups. Crypto Fight Club’s Investors: Rounding Out The Team Crypto Fight Club (CFC) looks well-positioned to take a unique market share in the play-to-earn category, particularly after the latest seed fundraising. CFC....
Blockchain technology brings economic building blocks to games and sparks a tsunami of economic activity — inside and outside the games. Axie Infinity turned its game into a billion-dollar economy that helped thousands of players in the Philippines and other low-income countries to weather the fallout from pandemic mitigation measures. The main ingredient for success: strong property rights. Players can take in-game material out of the game and trade on third-party marketplaces like OpenSea. The freedom to set prices and to easily trade unlocked a veritable tsunami of economic activity in....
The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking to sponsor a bitcoin exchange-traded fund (ETF). Novogratz’s crypto firm applied with the U.S. Securities Exchange Commission (SEC) on Monday to launch a product called the “Galaxy Bitcoin ETF.” Galaxy Digital Wants to Provide a Bitcoin ETF Galaxy Digital Holdings (TSX: GLXY) filed a Form S-1 registration with the SEC on Monday in order to get approval for a new bitcoin ETF. The “Galaxy Bitcoin ETF” filing was submitted on April 12, 2021, and joins the....
Play-to-earn blockchain fantasy game, Legend of Fantasy War (LFW) will be launching an initial decentralized offering (IDO) for its native token, $LFW. The $LFW IDO is set to take place on Polkastarter and BSCStation on October 28 at 1 p.m. UTC and 6 pm UTC respectively. Legend of Fantasy War is a stunning 3D turn-based role-playing game, with thousands of heroes with distinctive abilities and personalities. Set in its ecosystem, LFW will provide millions of players globally with an opportunity to make a profit from playing games and holding $LFW. LFW is the game-changer in the GameFi era....