Avalanche-Backed Pixion Games Closes Seed Funding Round with $5.5 Million
Web3 gaming studio Pixion Games, backed by Avalanche, a next-generation blockchain platform, has concluded its seed funding round, raising an impressive $5.5 million. This funding will enable Pixion Games to further its goal of combining blockchain technology with gaming to create an immersive and unique gaming experience for its users.
What is Pixion Games and How Does Blockchain Come into Play?
Pixion Games is a web3 gaming studio that aims to combine blockchain technology with gaming. The use of blockchain technology enables Pixion Games to offer a decentralized and secure gaming experience that is fair for everyone involved. In addition, Pixion Games aims to foster an engaged community of gamers who can participate in the development process, potentially even co-creating games with the studio.
The Successful Seed Funding Round
Pixion Games’ recent seed funding round was highly successful, raising $5.5 million. The funding came from a group of investors, including Animoca Brands, Digital Finance Group, Hashed, Longling Capital, Mechanism Capital, and more. The funding will be used to grow the team at Pixion Games, expand its product offerings, and build out its gaming platform further.
The Future of Web3 Gaming
As blockchain technology continues to evolve, the potential for web3 gaming grows along with it. Pixion Games, backed by Avalanche, is well-positioned to be at the forefront of this industry and drive innovation in web3 gaming. With its recent funding, the studio is well-equipped to continue pursuing its vision of a truly decentralized and engaging gaming experience for its users.
Our Hot Take
The recent funding round for Pixion Games is a promising development for the web3 gaming industry. As the potential of blockchain technology in gaming grows, Pixion Games is well-prepared to lead the way in creating a new and immersive gaming experience for users. It will be exciting to see how Pixion Games utilizes its funding to build out its platform and bring its vision to life.
