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  • Writer's pictureMark S

AQUA raises $10M for Web3 Game Marketplace from Steve Cohen-Backed Firm

AQUA is a Web3 Gaming Marketplace for Players.



AQUA, a Web3 gaming community network, has opened its main market for exchanging in-game items. Additionally, the startup disclosed a $10 million investment from Steve Cohen-backed investment company DIGITAL. The New York Mets baseball franchise is owned by the hedge fund billionaire, who also runs Point72 Asset Management and has made cryptocurrency investments since 2018.


Assets for Web3 games are frequently non-fungible tokens (NFTs), which let users import goods like armor and weapons into the worlds of other games. Players can buy and sell those assets on the AQUA marketplace, which is a place that is governed by the community.


The blockchain-independent AQUA marketplace, which already has relationships with three games, including God's Unchained and Guild of Guardians, will promote prominent games. Every month, new titles will be added.


According to Sean Ryan, CEO of AQUA, "you can definitely go to OpenSea or a general purpose marketplace and buy gaming assets." "However, we want players who are curious about the game's mechanics. How should I use these resources? How can I meet new friends to play with?


Veteran gamers Ryan and John Cahil, who formerly oversaw Facebook's game partnerships, started AQUA. Before Meez, an early attempt at the metaverse that debuted in 2008, the pair co-founded it.


Find out more here: https://aqua.xyz/


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