Elixir Games Secures US$14 Million in Seed Funding Led by Square Enix

Bittime - Elixir Games secures successful funding round for game developer Web3. The company has secured $14 million in seed funding to support their play-to-earn gaming ecosystem .

Investment Led by Gaming Industry Giant

Source: square-enix-games.com

This funding round was led by Square Enix, the renowned Japanese video game publisher responsible for popular titles such as Final Fantasy, Dragon Quest, and Kingdom Hearts. Their participation signals growing interest from established gaming companies in the potential of Web3 and blockchain technology.

Besides Square Enix, other prominent investors include Shima Capital and the Solana Foundation. Solana Foundation's involvement shows the potential of integrating Solana's blockchain technology within the Elixir Games ecosystem.

Check Today's Crypto Market:

Funding to Support Growth

Elixir Games plans to use the $14 million in funding raised to:

• Developing its Gaming Ecosystem: The company will focus on building a powerful and engaging Web3 gaming experience targeted for launch in Q2 2024.
• Supporting $ELIX Token Launch: The funds will also be directed towards the successful launch of the $ELIX token, which serves as the foundation of Elixir Games' in-game economy.

Also Read How To Buy Crypto:

What to Expect?

This funding round highlights the growing appeal of Web3 games and their potential for the future of the gaming industry. There will continue to be developments at Elixir Games and updates on the company's progress, including the launch of its gaming ecosystem and the $ELIX token.

Check Crypto Prices Today:

Dear Beli Crypto from Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.  

To be able to buy crypto assets on  Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Learn  Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements of Bitcoin (BTC) ,  Ethereum (ETH) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also read:

KuCoin Launches $10M Airdrop While Hit by Law, Here's What the CEO Says!

Avoid Buying Meme Coins When the Market Is Discounted: An Essential Guide for Cryptocurrency Investors

Investing with RWA (Real World Assets): A New Concept in the Blockchain World

DISCLAIMER:  This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.