Generative Art Platform Fxhash Secures $5M in Seed Funding Round Led by 1kx
The Seed Round Fxhash, the groundbreaking generative art platform and marketplace, has successfully closed an oversubscribed $5 million seed fundraising round. Spearheading this investment initiative was 1kx, an early-stage crypto-focused venture capital firm renowned for its strategic ecosystem growth investments. Founded in 2021, Fxhash has emerged as the...
ELEET GAMES: A ‘Gameplay First’ Players’ Publisher To Build Gaming NFTs and Launch A Token Exclusively On Tezos
ELEET Games is a ‘gameplay first’ players’ publisher that is embracing a new concept of ‘Publishing 3.0’.
They plan to launch a number of on-chain and off-chain games with the goal to overcome the current gap between crypto and core gaming by putting gameplay first.
By: XTZ News
9 August 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.
ELEET Games is a ‘gameplay first’ players’ game publisher that is embracing a new concept of ‘Publishing 3.0’. It was founded by Carsten van Husen, the former CEO of leading publisher Gameforge AG.
The company plans to launch a number of on-chain and off-chain games with the goal to overcome the current gap between crypto and core gaming by putting the actual gameplay first.
ELEET GAMES are to become the world’s first ‘Players’ Publisher’ by utilizing Web3 technology to build games that incorporate user feedback and give gaming communities a real stake in the ecosystems they contribute to as players.
The Web3 ideology and the ‘Publishing 3.0’ concept is further highlighted by the fact that 50% of all revenue generated by the games published under ELEET will be shared with the $LEET token holders.
This new concept will allow for the participation both in the decision making and the commercial success of the publishing label.
New games, associated NFTs, and the native $LEET token from ELEET GAMES will all be built on Tezos.
ELEET GAMES have two new games in development, one which is a free-to-play hybrid on/off chain game called Oathbound and another purely off-chain buy-to-play game called Might’N Mow’Em.
With ELEET’s version of Web3 gaming there is ‘…no need to buy crypto, tokens or NFTs – play games the same way you always did. Anything blockchain remains optional.’
Carsten van Husen, Founder and CEO of ELEET GAMES said on the new partnership with the Tezos Foundation:
“We are delighted to join the ranks of companies supported by the Tezos Foundation in the gaming space.
Becoming a part of the Tezos community and starting to build on the Tezos blockchain provides us – as well as industry powerhouse Ubisoft before – with a joyful playground: scalable, user-friendly and energy-efficient.
Perfect to build fun and fair games which actually possess the potential to drive crypto adoption.”
Mason Edwards, Chief Commercial Officer of the Tezos Foundation added:
“ELEET building exclusively on Tezos arrives at an exciting time of evolution in the gaming industry. Gaming is a keystone for the Tezos ecosystem that has established itself as a home for the Web3 creator economy.
I’m excited to see ELEET become part of this community and take a lead in building the next generation of games on Tezos”.
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.
Complete the submission form, which includes fields for your name, contact information, a short author bio, and the title of your article. Submit your Word document as a word doc file. If you encounter any issues during the submission process, please contact our support team for assistance at info@xtz.news. We encourage all aspiring contributors to read and understand our submission guidelines and editorial policy before submitting.
Robinhood, a popular trading platform known for democratizing access to financial markets, has expanded its cryptocurrency services in New York State by adding Tezos (XTZ) to its list of available digital assets. This development allows New York-based users to buy, sell, and trade Tezos, enhancing the cryptocurrency’s accessibility…
The Tezos Foundation has awarded three new gaming grants, supporting the development of blockchain-based gaming. The recipients, TapNation, Dragon Ninja, and Heroes of Holdem, are set to bring innovative gaming experiences to the Tezos blockchain. Additionally, Etherlink has announced a new partnership with BattleRise, further expanding blockchain gaming opportunities.
Today, Tezos X has been unveiled, presenting a forward-looking vision for Tezos that marks a significant evolution from its original design. According to the official blog, this vision addresses some of the most fundamental issues in the blockchain space, aiming to enhance usability and utility while maintaining the core properties of blockchain technology.