- In an oversubscribed seed investment round, Nexus Interactive raised $2 million, which is a big step toward growing its web3 game business.
The money will go into creating new games and improving Nexus Interactive’s current environment, which has already generated a lot of income and community involvement.
Animoca Brands, Jump Crypto, and Maven Capital were among the major investors in this round.
Nexus Interactive: What is it?
Nexus Interactive is a company that specializes in game development, publication, and community-driven content production in the web3 gaming space.
The three primary pillars of the company’s ecosystem are Nexus Share, an AI-powered platform that promotes user-generated content and community development, Nexus Build, a web3 publisher for outside developers, and Nexus Play, an internal game creation studio.
The developers of critically renowned games like Gods Unchained and Splinterlands, which have made millions of dollars and attracted millions of gamers to web3 gaming, have given the Nexus Interactive team a wealth of experience.
With more than 100,000 members in the community and about $2 million in income, Nexus Interactive has made a name for itself in the rapidly developing Web3 gaming market.
Prospective Courses
During its private beta, Nexus Interactive’s main game, the 3D trading card game Everdawn Champions, rose to the top of the Elixir’s play counts. A long queue of people is already awaiting the company’s September 2024 open beta launch.
Because of these heritage gaming organizations, it is difficult for developers to introduce games on the market with viable launch campaigns and monetization plans. According to Nexus Interactive Founder Liam Bacon, the company provides studios and developers with the ideal answer to this problem. Since we’ve been through this process ourselves over the past three years as we’ve established our own web3 game production studio, we can be of great assistance to other creators and builders aiming to break into the web3 industry.
Nexus Interactive is getting ready to introduce its $NXI token, which will function as a utility and governance token throughout its ecosystem, in addition to growing its library of games. It is anticipated that this token will be essential to the unification of interactions and activities on the Nexus Interactive platform.
We’re excited to support Nexus Interactive as they create a scalable ecosystem for users, builders, and creators, stated Yat Siu, executive chairman of Animoca Brands and co-founder. We anticipate the influence that Nexus Interactive’s ecosystem will have on the web3 gaming market and feel that our efforts will contribute to improving network effects throughout our larger network.
In addition, the business is organizing a number of intellectual property agreements with well-known companies in front of the $NXI token’s introduction later this year.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
