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Animoca Brands Leads $5.5 Million Seed Round For Gaming Firm Infinity Force

Animoca Brands Funded Infinity Force uses blockchain technology to provide a ‘salesforce-like’ platform for gamers worldwide.

Animoca Brands Leads $5.5 Million Seed Round For Gaming Firm Infinity Force

Infinity Force uses blockchain technology to provide a ‘salesforce-like’ platform for gamers worldwide. The startup from Singapore has raised the interest of blockchain-based gamers and also investors. They closed their seed funding round led by Animoca Brands at $5 million. The round also saw investments from Jump Capital, MEXC, Double Peak Group, Sky Vision Capital, Tokenbay, OKex Blockdream Ventures, GSR, and DWeb3.

While the current platform provided by Infinity Force supports only one game, Axie Infinity; they already have more than 1200 subscribers across Indonesia, the Philippines, and Venezuela. The company announced that more games will be added to their blockchain platform in 2022. Furthermore, the funds raised will help them develop the platform further as well as invest in the NFT segment. Clearly, they have a defined direction that they would like to take in terms of taking the company forward.

It makes sense that their seed funding round was led by Animoca, another blockchain-based company from Hong Kong with successful platforms such as The Sandbox and REVV. They have also been investing in the NFT segment and Metaverse oriented games.

In their last fundraising round, Animoca received a whopping $359 million, with which they are now building an environment around blockchain and Metaverse-based businesses. Infinity Force is definitely part of their vision. How this vision will materialize in the coming times is yet to be seen.

Infinity Force’s platform allows gamers to create guilds and manage performance via blockchain along with other features. The platform is also planning to provide NFT assets to its users. While many such platforms are available, the use of blockchain technology for such purposes may be the first. Does this indicate a shift in the gaming industry towards blockchain technology? Only time will tell!

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