Fantasy world game Gaia EverWorld secures $3.7M funding via private sale

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Gaia EverWorld, an immersive fantasy game that allows players to build their own kingdoms, closed a $3.7 million funding round from prominent blockchain industry investors. Gaia was inspired by classic games like Age of Empires, Clash of Clans, and Pokeman and aspires to become a key part of the new gaming generation.

Incentivizes through play to earn model

Gaia EverWorld and other distributed ledger tech-based games offer players full ownership of their in-game assets as well as an incentive to engage in a play to earn gaming model.

They experience exciting, engaging, and interactive gameplay while fighting in PVP Battle Mode, exploring and conquering mythical kingdoms in Legion mode, or adventuring in MMORPG. What’s more, they earn rewards at the same time.

Gaia receives backing from Polygon, Aussie Capital, OIG, and more  

Gaia is backed by esteemed investors such as Polygon (MATIC/USD), chainGuards, BSCStation, Au21, Mexc Capital, Defiboost, Aussie Capital, OIG, Basics Capital, Momentum6, CryptoThugs, Brotherhood, Avstar, Shima Capital, Fairum, Panda Capital, GD10 ventures, Exnetwork, Onebit Ventures, and Chronos Ventures.

Gaia CEO Josh Bull said:

Gaia Everworld is part of the next-gen of gaming being built on the blockchain. It gives players full ownership of their in-game characters, and rewards them for engaging in ‘play-to-earn’ models of gaming which have become quite popular in the crypto space this year. Gaia Everworld is truly an immersive, multi-region fantasy world in which players can create their own kingdoms, explore different lands, while collecting, breeding and battling other players, referred to as the Gaia Legionnaires.

A Polygon spokesperson remarked:

Blockchain-powered gaming has really taken the crypto world by storm in 2021. These games are truly unique because they allow players to take on a more significant role in the gaming process. Not only is the gameplay quite interactive and engaging, but players are able to effectively participate in a tokenized, digital economy that allows them to earn sizable returns. We’re firm believers in the play-to-earn business model, which is one of the main reasons why we decided to invest in Gala Everworld. Our team is looking forward to becoming a key contributor to this fast-evolving sector.

The post Fantasy world game Gaia EverWorld secures $3.7M funding via private sale appeared first on Invezz.

from Matic Network – Invezz

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