Web3 recreation DOGAMÍ secures $14M whole funding

DOGAMÍ, an augmented actuality cell recreation involving nonfungible token (NFT) pet companions, has accomplished a $14 million seed funding spherical, in line with a Dec. 12 press launch supplied to Cointelegraph. The Web3 cell gaming firm raised $7 million led by VC agency XAnge after initially securing $6 million from business leaders in January 2022. 

DOGAMÍ, with neighborhood members in over 80+ nations, indicated that it has already bought 12,000 NFTs of canine avatars and 12,000 NFTs of canine equipment by way of a collaboration with omni-channel clothes retailer GAP. 

The corporate has additionally launched its first cell software, “DOGA Home”, which permits customers to find and work together with their “NFT puppies” within the “DOGAMÍ universe” whereas incomes DOGA cryptocurrency.

Associated: Leveraging the blockchain to ship extra rewarding experiences for informal avid gamers

Regardless of the persevering with bear market, Web3 and blockchain-based video games proceed to attain funding for his or her initiatives. Analytical service DappRadar shared that regardless of the sudden collapse of FTX and its destructive cascading impact on the Web3 ecosystem, “blockchain video games raised over $320 million in November.”

On Nov. 27, Cointelegraph reported that Web3 recreation writer Fenix Video games raised $150 million in funding to amass, make investments and distribute blockchain video games.