Polygon NFT Gaming Firm Cross the Ages Secures $12m in Seed Round, Backed by Ubisoft, Animoca
Annie Li Mar 29, 2022 06:55
Blockchain game "Cross the Ages" (CTA) has received a $12 million seed round from gaming crypto investment firm Animoca Brands, video game developer Ubisoft, and Sebastian Borget, co-founder and COO of The Sandbox.
Blockchain game "Cross the Ages" (CTA) has received a $12 million in seed round from gaming crypto investment firm Animoca Brands, video game developer Ubisoft, and Sebastian Borget, co-founder and COO of The Sandbox.
The funds raised will be used for development programs, expansion of the current team of more than 140 people and go-to-market activities. Across Ages plans to release a beta version of the game at the end of May, with digital and physical cards to be released in June.
Subsequently, the developer plans to implant non-fungible token (NFT) marketplaces and decentralized finance (DeFi) protocol suites such as yield farms into the game to earn rewards and plans to launch into the metaverse in 2023.
CTA co-founder and CEO Sami Chlagou said that:
“The CTA DeFi product will be accessible via the main user interface, but it will operate as its own standalone platform. We want to keep the gaming experience somewhat separate to ensure that the more commercial aspects of the CTA experiences do not distract from what will be a dynamic and unique metaverse gaming experience.”
"Cross the Ages" (CTA) is a dystopian free-to-play digital card game built on the Polygon blockchain, Ethereum's sidechain scaling solution, where players can also choose to convert these digital cards into physical trading cards.
Likewise, one of the most prominent gaming firms, Animoca Brands, has raised $358.88 million from investors led by Liberty City Ventures in January.
As reported by Blockchain.News on December 8, Ubisoft, a video game developer and publisher launched a platform called "Digits" on its own Ubisoft Quartz NFT platform, stepping into the field of encrypted NFT.
Image source: Shutterstock
