Elixir Games Secures Funding from Square Enix and Solana Foundation

Elixir Video games, a number one decentralized gaming platform, has lately introduced that it has raised $14 million in seed funding from outstanding backers. The checklist of traders contains large names resembling Sq. Enix, the famend developer of Closing Fantasy, and the Solana Foundation. Shima Capital, a number one enterprise capital agency, additionally participated on this funding spherical.

Enhancing the gaming ecosystem

The first aim of this funding is to develop a decentralized gaming ecosystem that’s set to launch inside the yr. This may contain enhancing Elixir’s current platform, which at present hosts over 130 video games and has greater than 500,000 registered customers. The funds raised can even facilitate the launch of Elixir’s personal token, known as ELIX, which can energy their services.

Aside from growing its personal platform, Elixir Video games has additionally allotted a portion of the funding in the direction of the debut of the Launchpad & Incubation Program. This program is designed to help crypto sport builders by offering them with sources and steerage, fostering progress and innovation inside the ecosystem.

Sq. Enix’s Involvement

Sq. Enix’s participation on this funding spherical is no surprise, contemplating their partnership with Elixir Video games that was introduced final yr. Nonetheless, it’s value noting that Sq. Enix has additionally invested in a competing crypto gaming launcher known as HyperPlay. This means a non-exclusive relationship with Elixir and a broader curiosity within the crypto gaming business.

Carlos Roldan, CEO of Elixir Video games, expressed his pleasure concerning the funding, stating that it’s a vital milestone for the corporate’s mission to innovate inside the international gaming ecosystem. This funding spherical follows Elixir Video games’ latest growth by means of the acquisition of LitLab Games, which has enriched their sport portfolio.

Upcoming launches and campaigns

Elixir Video games has a number of deliberate launches for 2024, together with the discharge of the ELIX token and the Elixir Launchpad. These initiatives goal to introduce premium platform options and preliminary sport choices to their consumer base. 

Moreover, on April 4, the corporate will kick off a season cross marketing campaign that gives $750,000 value of prizes by means of sport tournaments and different promotional actions. This marketing campaign is predicted to have interaction the gaming neighborhood and entice extra customers to Elixir’s platform.

Conclusion

The numerous funding raised by Elixir Video games marks a significant step in the direction of reworking the gaming business with its decentralized strategy. By offering a platform for each builders and players, Elixir Video games goals to create a extra honest and clear gaming ecosystem. With the launch of their very own token and varied upcoming initiatives, Elixir Video games is ready to make a big affect on this planet of gaming.