August 30, 2024
Legend of Arcadia has raised $4 million in seed funding, reflecting strong investor confidence in its innovative gaming approach. The funding round saw significant interest from major backers like Animoca Brands, OKX Ventures, Arche Fund, and Selini Capital, all known for their strategic investments in tech and entertainment.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
Legend of Arcadia | $4M | August 30, 2024 | Seed Round | Animoca Brands, OKX Ventures, Arche Fund and Selini Capital | Gaming |
This funding highlights a broader trend in the gaming industry, where blockchain technology is being used to create new value and engagement. The involvement of key players like Animoca Brands, a leader in digital entertainment and gaming, emphasizes the potential for Legend of Arcadia to establish a significant presence in this competitive market.
About Legend of Arcadia
Legend of Arcadia is a gaming platform where players can explore a fantasy world with unique toy heroes. The platform offers various events and games, such as the S2 Toy Hero Party, where players can earn rewards and enjoy new event elements. It’s designed to provide an engaging and fun experience for gamers.
Website: https://legendofarcadia.io/
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About Investor
The funding round saw significant interest from major backers like Animoca Brands, OKX Ventures, Arche Fund, and Selini Capital.
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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