May 15, 2024
Gaming
Ethereum Card Battler ‘Cross the Ages’ Launches CTA Token, Raises $3.5 Million
Cross the Ages, a competitive trading card game with NFTs on Ethereum scaling network Immutable X, launched its CTA token Wednesday alongside an announcement of a new funding round for the studio behind the game. The $3.5 million equity funding round was led by crypto investment giant Animoca Brands, with further investment by The Sandbox co-founder Sebastien Borget, as well as Nicolas Jeuffrain, co-founder of renewable energy firm Tenergie. The firm has now raised $23.5 million in total between...
Mar 27, 2024
Gaming
Ethereum Game 'Illuvium' Teases Airdrop, Q2 Release Amid $12 Million Raise
Illuvium Labs, the gaming studio behind the anticipated blockchain gaming universe Illuvium, announced this week that it has raised $12 million in Series A funding as it gears up for the launch of its interconnected game titles in Q2 2024. The fresh capital injection was co-led by King River Capital, Arrington Capital, Animoca Brands, and The Spartan Group, with participation by investors including Arca, Polygon Ventures, 32-Bit Ventures, and Yield Guild Games. The Illuvium gaming universe span...
Feb 4, 2022
Business
GameStop Dumps $47M in Immutable X Tokens Following Ethereum NFT Marketplace Deal
Video game retailer GameStop took a major step forward with its planned Ethereum NFT marketplace this week, announcing plans to use the Immutable X layer-2 scaling solution to power its initiative. However, it appears that GameStop has already dumped a bulk of the IMX tokens it received as part of the alliance, yielding $47 million in the process. Data from Ethereum blockchain explorer Etherscan shows that GameStop sold just under 15 million IMX tokens this week across three transactions, split...