Singapore’s nft Gaming Company Matr1x It recently hit the jackpot with an additional $10 million in funding, bringing its total equity value to $20 million, to improve its mobile games and NFTs.
Web3 investor Folius Ventures led the funding alongside fellow crypto VC SevenX. ABCDE Capital, Jambo, Initiate Capital and the creators of Stepn, move-to-earn nft game also participated in the round due to its faith in Matr1x’s leading product and future efforts.
BANG BANG BANG! We’ve reached a monumental $10 million in our A-2 funding round, bringing our total to $20 million. A warm welcome to our new allies. @FoliusVentures, @SevenXVentures , @ABCDELabs , @fslweb3 (manufacturers of @stepnofficial & @gasheroofficial), @iniciatecapitaland… pic.twitter.com/xL6rdJRuQG
— MATR1X FIRE ｜ KUKU nft Pre-Release (@Matr1xOfficial) November 23, 2023
Matr1x flagship project and next steps
The game studio’s flagship product ‘Matr1x Fire’ is a first-person shooter game for mobile devices. Players can select from numerous playable characters and compete with teams of five in an attempt to take down their enemies. The game’s visual appeal is similar to Riot Games’ famous shooter ‘Valorant’, with maps, weapons and characters that echo the competitive title.
Matr1x aims to foster an esports culture around its flagship game, which is currently still in its development phase. Additionally, it recently launched two nft projects and plans to introduce a third collection, which will act as a membership pass for “access to governance and revenue sharing of its creator economy.” Buyers of these digital collectibles will also be rewarded with an upgradeable “battle pet.”
Now with an additional $10 million in funding, Matr1x games and NFTs are set for a breakthrough, offering both players and nft fans a promising future full of exciting experiences and opportunities.
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*All financial/investment opinions expressed by nft Plazas come from the personal research and experience of our site moderators and are intended to be educational material only. People should thoroughly research any product before making any type of investment.
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