Stock Groups

Multi-chain NFT Game Duelist King Raises $1m to Advance Win-to-Earn Model -Breaking

by Mike Robinson

[ad_1]

A Multi-chain NFT Game Duelist King Funds $1m for Advancement of Win-to Earn Model

Duelist King is a cross-chain, win-to-earn NFT-game that can be won by any chain. It has attracted investment from many reputable private equity firms.

The game was built using Binance Smart Chain (BSC), and is supported by Fantom Polygon, Cronos and Shima Capital. Capital came from Magnus Capital NFT Technologies and NFT Technologies.

‘To have received investment and support from some of the best-known VC firms in the crypto industry is a testament to the work we have done behind the scenes to pioneer a novel win-to-earn gaming model,’
said Dzung Tran (Chiro) – CEO and Founder of Duelist King.

‘Having sold out 250,000 NFTs in less than 45 minutes last month, momentum is building in the Duelist kingdom – and we’re thrilled that our investors recognize our potential.’

Duelist King will use the funds to become a prominent player in blockchain gaming. While many releases so far have been built upon a pay-to-earn approach, Duelist King was designed around the win-to-earn concept. Game economics revolve around player engagement, which means players earn rewards and cash based on their participation.

The game rewards players for participating in battles, quests and tournaments. Players can influence gameplay design and the direction of Duelist King. Duelist King’s team is made up of fifteen developers and experts in blockchain technology who have been working in this space since 2016.

Duelist King is a community-owned and incentive-based NFT-based card game. It will allow cross-chain NFTs to be supported, as well as Duelist King tokens. It was launched recently via OccamRazor’s Initial DEX Offering (IDO). On October 27, PancakeSwap will host an Initial Farm Offering. The projected revenue from card sales will be $1 billion in the next three year.

The game’s developers are currently working on a Player vs Environment (PvE) version of the game, due for release in Q1 of 2022. In Q2, Duelist King will be hosting tournaments and Player vs. Player (PvP), as well as multi-play.

The game’s sneak preview was published last month. It quickly gained hundreds of fans.

Continue reading on DailyCoin

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 does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this website’s data including quotes, charts, or buy/sell signal information. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]