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DOGAMÍ Lands $500K In Capital From The Tezos Foundation
DOGAMÍ, the top mobile play-to-earn game on the Tezos blockchain, secured $500,000 in funding from the Tezos Foundation.
It marks another significant milestone for the popular Petaverse project.
By: Lee Evans
29 March 2022
Disclaimer
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
DOGAMÍ, the top mobile play-to-earn game on the Tezos blockchain, secured $500,000 in funding from the Tezos Foundation. It marks another significant milestone for the popular Petaverse project.
DOGAMÍ continues to build strong momentum in the blockchain gaming industry.
The team noted a highly anticipated NFT sale and a successful $DOGA token listing. Leveraging the strengths of the Tezos blockchain has proven beneficial to the virtual pet companion game and attracts more attention from investors.
The Tezos Foundation has acquired an equity stake of DOGAMÍ ecosystem through a $500,000 capital injection.
The backing by the Tezos Foundation is a crucial development for the DOGAMÍ team.
Moreover, it strengthens ties between the two teams, as DOGAMÍ and the Tezos Ecosystem work together to ensure mass adoption of the popular blockchain game.
In addition, the game brings much attention to the Tezos blockchain ecosystem, with meaningful activations to be announced shortly.
“We are proud to support the highly successful project which has repeatedly shown to be a truly trailblazing project from its inception. DOGAMÍ combines gaming and NFTs to create an engaging play-to-earn experience. It is a great entry point for gamers new to blockchain gaming to enter the Tezos community, and by doing so, to expand it” Roman Schnider, President of the Tezos Foundation Council
DOGAMÍ envisions a Metaverse where players can raise and train virtual pet companions. In addition, players can interact with their companions in the virtual world, allowing DOGAMÍ to achieve a much more meaningful level of immersion.
Previously, DOGAMÍ successfully launched its $DOGA token – which offers utility and access to the Petaverse and is essential to achieving widespread adoption and participation. The $DOGA token can be used to pay for NFTs, accessories, and consumables in the DOGAMÍ ecosystem.
“We are thrilled to bring this kind of attention to the tezos ecosystem, it is well deserved. The Tezos Foundation has been a strong sponsor of the DOGAMÍ project since its inception! It felt natural to confirm their participation in our equity.” Bilal El Alamy, co founder & CTO of DOGAMÍ
DOGAMÍ pet avatars are the hottest NFT commodity on the Tezos blockchain. The collection has surpassed 1.2 million XTZ in volume within the first few weeks of trading on the OBJKT marketplace, making it the quickest and most popular Tezos project ever.
Disclaimer
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
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