The Infinity Force is an upcoming game powered by blockchain technology which will see developers create decentralized games in the future. The company has raised $5.5 million in a Series A funding round led by Animoca, with participation from large venture capital firms such as Capital Today and Vanbex Group.
Infinity Force, a guild management platform, received $5.5 million in a seed round headed by Animoca Brands. The funds will be utilized to expand the platform’s capabilities and make the transfer to Infinity Force DAO easier.
Jump Capital, SkyVision Capital, OKEx Blockdream Ventures, MEXC, GSR, Double Peak Group, Tokenbay Capital, LD Capital, DWeb3 and others were among the investors in the Singapore-based blockchain gaming start-up.
The financing will help Infinity Force to continue its aim of becoming the underlying infrastructure that allows gaming guild communities to grow, since the cash will allow the firm to onboard more guilds and gamers as a result of the large number of play-to-earn releases scheduled in 2022.
The funding will also enable Infinity Force to continue employing the greatest personnel in the business while also allowing them to invest in NFT assets for usage by its internal players and guilds.
“The team at Infinity Force is breaking down the barriers to entry for P2E while empowering communities across the globe with the tools and resources to systemize player onboarding, performance, and scalability,” Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, said of the funding round. We’re honored to be leading the investment and to support Infinity Force’s goal of making the open metaverse more accessible.”
More information on Infinity Force’s complete functionality, as well as its transition to being a decentralized autonomous organization, will be accessible on the group’s social media and official website.
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