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Gaia EverWorld, a Polygon-based multi-region fantasy game today announced it had raised $3.7 in funding from several notable blockchain industry investors via a private sale.
Gaia EverWorld Secures $3.7 Million in Funding
In an announcement made today, Gaia EverWorld — an immersive, multi-region fantasy world where players can build their kingdoms, explore the lands, collect, breed, and battle their Gaia Legionnaires – stated it had secured $3.7 million in its latest funding round.
Notably, the Polygon-based fantasy game is inspired from some of the most successful video game franchise of all time such as Pokemon, Clash of Clans, and Age of Empires. Gaia EverWorld wants to cement itself as a key part of the new generation of blockchain-based gaming.
Gaia EverWorld aims to leverage the benefits of distributed ledger technology (DLT) to offer players complete ownership of their in-game assets. At the same time, it wants to incentivize the players for engaging with a robust and innovative play-to-earn gaming model.
Gaia EverWorld will allow the players to experience its PVP Battle Mode where they will be able to go on their adventure journey across the diverse and mysterious expanse of the EverWorld in the MMORPG.
Moreover, the players will be able to explore and conquer mythical kingdoms in the PVE Legion mode and witness engaging, entertaining, and interactive gameplay while simultaneously earning tokenized rewards.
Backing By Strong Investors
Gaia EverWorld has received backing by some of the major investors in the blockchain space such as Polygon, Au21, Mexc Capital, chainGuards, BSCStation, Defiboost, Aussie Capital, OIG, Brotherhood, Avstar, Shima Capital, Basics Capital, Momentum6, CryptoThugs, Fairum, Panda Capital, Onebit Ventures, GD10 ventures, Exnetwork, and Chronos ventures.
Commenting on the development, Josh Bull, CEO, Gaia, said:
“Gaia Everworld is part of the next-gen of gaming being built on the blockchain. It gives players full ownership of their in-game characters, and rewards them for engaging in ‘play-to-earn’ models of gaming which have become quite popular in the crypto space this year. Gaia Everworld is truly an immersive, multi-region fantasy world in which players can create their own kingdoms, explore different lands, while collecting, breeding and battling other players, referred to as the Gaia Legionnaires.”
Similar sentiments were echoed by a Polygon spokesperson, who said:
“Blockchain-powered gaming has really taken the crypto world by storm in 2021. These games are truly unique because they allow players to take on a more significant role in the gaming process. Not only is the gameplay quite interactive and engaging, but players are able to effectively participate in a tokenized, digital economy that allows them to earn sizable returns. We’re firm believers in the play-to-earn business model, which is one of the main reasons why we decided to invest in Gala Everworld. Our team is looking forward to becoming a key contributor to this fast-evolving sector.”