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Elixir Games Secures $14 Million in Seed Funding to Forge Global Gaming Ecosystem

source-logo  blockster.com  + 2 more 27 March 2024 16:12, UTC

Elixir Games, a prominent Web3 gaming distribution platform, has successfully concluded its Seed funding round, amassing $14 million in investments.



This substantial funding boost will drive the company's mission to construct a comprehensive gaming ecosystem set to launch later this year. Additionally, the investment will facilitate the introduction of the $ELIX token, empowering Elixir Games products, and inaugurate the Launchpad & Incubation Program in 2024.

The Seed round attracted investments from a diverse array of backers, including Square Enix, the Solana Foundation, and Shima Capital, alongside other private entities. The extension of the funding round welcomed additional investors keen on supporting Elixir's ambitious roadmap and the Launchpad & Incubation Program, envisioned to streamline the game launch process for developers under the Elixir umbrella.

Carlos Roldan, CEO of Elixir Games, expressed his enthusiasm, stating, "Today marks a growth moment for Elixir Games, fueling our mission to revolutionize the global gaming ecosystem."
"This achievement reflects our commitment to innovation, unity, and excellence in Web3 gaming. As we embark on this journey, our focus is on fostering a community with our infrastructure that leads to groundbreaking gaming experiences."

Carlos Roldan, CEO of Elixir Games
Since its inception in 2020, Elixir Games has been a trailblazer in the Web3 gaming arena, notably with its flagship product, the Launcher platform. Currently hosting over 130 games and boasting a user base exceeding 500,000 registered unique users, the Launcher platform has garnered acclaim for its user-friendly interface and diverse gaming catalog. The company's recent acquisition of LitLab Games, the Spanish gaming studio behind the popular auto-chess title CyberTitans, further solidifies its standing in the gaming industry.

Looking ahead, Elixir Games has an ambitious roadmap for 2024, commencing with the launch of the $ELIX token. This token aims to simplify the Web3 user experience through integration with the gaming platform, marketplace, and launchpad. Subsequently, the Elixir Launchpad is slated for release later in the year, promising a seamless user experience. The Launchpad & Incubation platform will address existing gaps in the Web3 gaming market, offering a five-tier system granting users access to premium features and exclusive initial game offerings (IGO).

Moreover, Elixir has introduced a promotional Season Pass initiative to reward players for their engagement on the Launcher platform. Starting April 4th, users will earn rewards for their time spent playing various titles available via the Launcher, unlocking prizes and incentives for their participation.



About Elixir Games

Elixir Games stands at the forefront of the game distribution industry, focusing on Web3 gaming infrastructure. With a commitment to innovation, excellence, and player-centric experiences, Elixir Games has established itself as a leading force in the gaming sector. Additionally, the company offers a whitelabel solution for enterprises, further solidifying its position in the gaming industry. By actively publishing games and acquiring talented indie game studios, Elixir Games demonstrates its dedication to nurturing and elevating creative talent within the gaming community.

blockster.com

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