Stock Groups

Sanctor Capital Supports New GameFi, Invests in Project Rainicorn -Breaking

[ad_1]

Sanctor Capital supports Project Rainicorn, Invests In New GameFi
  • Sanctor Capital made an investment in Rainicorn.
  • Sanctor Capital has raised $20M in order to launch a GameFi-focused fund.

Sanctor Capital is a cryptocurrency investment company that recently invested in Project Rainicorn. This support is for the continued development of The Lords of Light play-to earn game.

Sanctor raised $20 Million for its first fund. This capital will help to fund projects such as DeFi and GameFi. It also supports cross-chain infrastructure construction. Earlier this year, the thesis-driven venture firm launched with the vision of becoming a “sanctuary” for crypto founders.

Meanwhile, Raini has developed a smart approach to combine multiple innovative hybrid products–those that integrate NFTs into DeFi concepts. The network will then be packaged together and accessible only through a stake system. Dubbed the “Rainiverse,” this ecosystem includes The Lords of Light had just sold out 2,000 card packs and a famous play-to-earn incentive design.

Sanctor’s strategic investment entails a comprehensive approach to funding and a spot in its Turbo program. It is intended to equip Web3 pioneers with all the necessary tools to ensure rapid development and growth. The tools include marketing, distribution and assistance with development. Ilya Abugov is a Sanctor Partner.

Rainiverse unites art and gaming in a community-focused manner. The Rainiverse’s curated art platform is an unassuming crypto destination. The Lords of Light promises to bring new life and crypto-life into the card games many of us have grown up with. Raini is much more than an arts platform. It is also a platform for games. This is just the beginning.

Raini founder @Artkin, however, expressed excitement about the collaboration with Sanctor. “The additional support they bring to the table will be incredibly helpful in establishing Raini as a key player in this space,” he noted.

The Lord of Light increases the availability of artistic NFTs, which can be staked to give farmers rewards and an increasing number of NFT drops. These include affiliated physical deliverables through Raini’s partners with the popular production team Krew Studios. Recently, the two teamed up to create an NFT collaborative for Jordi Molla.

Continue reading on CoinQuora

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]