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Web3 decentralized game IP system Pixelmon completed a US$8 million seed round of financing, with participation from Foresight Ventures and others
Pixelmon, the first decentralized gaming IP system, completed $8 million in seed round financing from Foresight Ventures, Animoca Brand
s, Delphi Ventures, Amber Group, Bing Ventures, Bitscale Capital, Cypher Capital, Mechanism Capital, Sfermion, Spartan Labs, VistaLabs and angel investors 9GAG I
nc. founder Ray Chan, Crunchyroll founder and former CEO Kun Gao, Immutable co-founder Robbie Ferguson, Yield Guild Games co-founder Gabby Dizon and founder of Web3 consulting firm Emfarsis, among others.
The funds raised in this round of financing will be used to continue to develop its casual and mid-core game product portfolio, including Arena (PVP survival competition), Hunting Grounds (open world RPG), Kevin the Adventurer (casual game), PixelPals (casual game) ). In addition to games, Pixelmon also plans to empower its IP series through peripheral merchandise, trading card games (TCG), animated series, comic books, etc.
Pixelmon is a decentralized Web3 game IP that provides asset ownership and income rights to Pixelmon series NFT holders through its IP fragmentation system.
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