XOCIETY, an innovative gaming project, has successfully secured $16 million in funding as it prepares for its Early Access launch on the Epic Games Store later this year. This significant investment marks a pivotal moment for the game, which aims to bridge the gap between traditional and blockchain gaming, and the publication demonstrates positive momentum in the developments.
Funding Round Overview
The funding round was spearheaded by Neoclassic Capital and Winguard, both of which are committed to bolstering the game's on-chain economy. The capital will be directed towards enhancing XOCIETY's infrastructure on the Sui blockchain, ensuring a robust foundation for its long-term development plans.
Investor Support
Notably, existing investors such as
- Hashed
- The Spartan Group
- YGG
Market Presence
XOCIETY has already made a splash at prominent events like Gamescom and Korea Blockchain Week, successfully attracting interest from both Web2 and Web3 gaming communities. As the game gears up for its release, it is poised to become a significant player in the evolving landscape of blockchain gaming.
Xapo Bank has recently expanded its BTC Credit Fund to all eligible members, following a successful pilot phase. This initiative, which contrasts with the gaming focus of XOCIETY's recent funding, aims to provide regulated wealth management tools for Bitcoin investors. For more details, see more.
