Thousands and The Wildcard Alliance have announced the closing of an investment round in which they raised $6.5 million of a targeted $9 million. The funding is led by Paradigm and Arbitrum Gaming Ventures.
Investment Campaign and Goals
The funding underscores the growing interest in Web3 technologies and showcases the activity of venture investors in blockchain projects. The joint fundraising efforts will assist Thousands and Wildcard Alliance in enhancing their creator acquisition and game development capabilities.
Key Figures and Projects
Thousands and The Wildcard Alliance are based in McKinney, Texas, and are led by co-CEOs Paul and Katy Drake Bettner, known for their work on major gaming franchises. The alliance focuses on expanding the Thousands.tv platform and launching the upcoming *Wildcard* game.
Prospects for Web3 Ecosystem Development
Support from Paradigm and Arbitrum indicates a strong commitment to advancing the Web3 gaming ecosystem. The investment could lead to increased collaboration and greater interest from content creators and gaming enthusiasts. Successful past funding rounds emphasize the significance of Web3 technology adoption and scaling.
This investment marks an important step for Thousands and Wildcard Alliance towards developing Web3 and supporting the creative community, which may lead to further growth and collaboration in the gaming industry.
