twitter.com/holographxyz” target=”_blank” rel=”noopener”>Holographyan omnichain tokenization protocol, has raised $3 million in a new funding round, led by Mechanism Capital and Selini Capital.
The new funds aim to accelerate Holograph's expansion into the growing blockchain gaming market, focusing on tokens that can operate seamlessly across multiple ethereum-compatible networks.
Holograph's omnichain technology enables the creation of nft assets that can be used on multiple ethereum-compatible blockchains. The company aims to address a common challenge in blockchain gaming: choosing which network to deploy on. With its omnichain approach, game developers can deploy assets across multiple chains, offering greater flexibility.
Reducing restrictions with single chain implementation
Jason Trikakis, co-founder and head of product at Holograph, explained that their technology aims to eliminate the limitations of single-chain deployment. “The omnichain expands the distribution and exposure of a game throughout the chain's ecosystem. Additionally, native composability unlocks new capabilities for game elements, fostering interoperability across chains, games, and markets,” he said.
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