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DOGAMÍ Secures $6M In Funding From Ubisoft And Other Big Names To Build Out The Petaverse On Tezos

DOGAMÍ has secured $6m in pre-seed funding to build out the Petaverse.

The backers include well-known gaming corporations, metaverse pioneers, and blockchain leaders such as Ubisoft, Animoca Brands, The Sandbox’s co-founders, XAnge, Blockchain Founder Fund, and Draper Goren Holm.

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DOGAMÍ Pre-Seed Fundraising

DOGAMÍ has secured $6m in pre-seed funding to build out the Petaverse. The backers include well-known gaming corporations. metaverse pioneers, and blockchain leaders such as Ubisoft, Animoca Brands, The Sandbox’s co-founders, XAnge, Blockchain Founder Fund, and Draper Goren Holm.

The funding will help establish the future of pet ownership 3.0 and the role of blockchain technology in these proceedings.

DOGAMÍ continues to turn heads in the world of gaming and pet ownership. The recent round of funding is a firm nod of approval from various cross-industry blockchain leaders.

The pre-seed fundraising noted support from Ubisoft, Animoca Brands, The Sandbox’s co-founders, XAnge, Blockchain Founder Fund, Ghaf Capital, and Draper Goren Holm.

Ubisoft VP Strategic Innovation Lab Nicolas Pouard stated:

“At Ubisoft, we believe that blockchain holds a key to the future of the videogame industry, bringing new possibilities for players and developers alike.

We think DOGAMÍ shares this vision and contributes to the opening of blockchain gaming to mainstream players.”

DOGAMÍ combines AAA NFT gaming with investing and pet ownership 3.0. The game resides on the Tezos blockchain, renowned for being more energy-efficient than other public blockchain ecosystems.

Moreover, DOGAMí paves the way for establishing a “Petaverse” where players can adopt and raise their unique 3D dog companion and earn $DOGA tokens in the process.

Players entering the Petaverse will train and play with over 300 DOGAMÍ breeds. Every breed has unique traits and will provide a slightly different user experience.

Interaction between players and virtual pets occurs through the augmented reality-enabled mobile application. Additionally, there is lore surrounding the Petaverse to explore.

That lore is created by Bryan J.L. Glass, an alumnus of Marvel, Image and DC Comics who worked on Thor, The Mice Templar, and Adventures Of Superman.

Players engaging with the Petaverse will earn $DOGA Tokens when completing various tasks.

The currency is used to buy consumables, build a digital wardrobe, purchase tickets to virtual events, collect badges, and breed DOGAMÍ. Additionally, $DOGA will be traded through centralized and decentralized exchanges on the secondary market.

DOGAMÍ CEO and Co-founder Maximilian Stoeckl commented:

 “At DOGAMÍ, we aspire to develop a play-to-earn game that pushes the envelope in terms of design, user experience & mass appeal. We believe strongly in the opportunities & the empowerment that web3 has to offer.

The early support of world-class investors as well as advanced negotiations with strong commercial partners are highly reassuring and encourage us in our beliefs.” 

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

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.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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