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...
TZ APAC Partners with Sugarverse as ‘Sugar Match’ Game is Set for Tezos Integration
TZAPAC has announced a partnership with Sugarverse representing a significant development in the integration of the Tezos blockchain technology with the mobile gaming world. As part of the partnership a new game called ‘Sugar Match’ will be integrated with the Tezos blockchain.
By: XTZ News
21 December 2023
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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.
TZAPAC has announced a partnership with Sugarverse representing a significant development in the integration of the Tezos blockchain technology with the mobile gaming world. As part of the partnership a new game called ‘Sugar Match’ will be integrated with the Tezos blockchain. Sugarverse is enhancing the mobile and web gaming industry by introducing a self-sustaining Play & Earn economy within its metaverse.
Sugarverse’s flagship upcoming game, “Sugar Match,” allows players to engage in both Player versus Player (PvP) and Player versus Environment (PvE) modes, using NFT Avatars. This game is available in both Free-to-Earn and Play-to-Earn modes, enabling players to earn rewards and experience immersive gameplay. “Sugar Match” is designed to provide a simple yet engaging experience and is set to be available on major app platforms soon.
Players select an NFT avatar to compete on a match-3 board game, offering a unique experience that blends skill with innovative gameplay elements. The game is designed to be easy to learn yet challenging to master, with players competing for sugar tiles and having the ability to earn special rewards with their guild. “Sugar Match” is soon to be available on major app platforms including Google Play and Apple’s App store.
The Sugerverse ecosystem has a unique token attached to it and gamers can use a crypto wallet to convert their GCNDY rewards gained through gameplay into CNDY, the crypto asset used within the metaverse.
“We’re thrilled to announce our groundbreaking partnership with @TZAPAC! Together, we’re starting an incredible journey to bring Sugar Match game to the Tezos network . Get ready to explore new horizons in the mobile gaming. It’s going to be epic”
The Sugarverse team, renowned for their expertise in mobile gaming, has successfully developed over 10 Web2 mobile games, captivating more than 60 million players globally. Now, shifting their focus to the emerging Web3 landscape, they are poised to launch ‘Sugar Match’, an innovative game integrated with Tezos. This transition marks a significant step in their evolution, merging their proven gaming prowess with the cutting-edge potential of blockchain technology.
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.
The report notes a substantial 558% increase in active gaming addresses quarter-over-quarter, reaching 97,000 in Q1 2024. This surge underscores the growing interest and engagement in gaming applications on Tezos. Messari observed that “active gaming addresses surged by 558% QoQ, reaching 97,000 in Q1 2024.”
Stables, the Paris-based Web3 Equestrian Fantasy Game, has appointed venture capital veteran Lebnan Nader as Chief Executive Officer. Lebnan Nader, who had founded and run several gaming and technology businesses, will oversee an international expansion as Stables seeks to add horses and attract owners from outside its French home market.
TZ APAC has officially launched Season 1 of the TZ Apex community rewards program. This initiative, which started on June 14, 2024, and will run until July 31, 2024, aims to enhance community engagement with projects built on the Tezos blockchain, and give participants the opportunity to earn up to $10,000 in rewards.
TZ APAC has announced the induction of seven startups into Fortify Labs, its tailored Web3 startup studio. This initiative is designed to nurture and support startups built on the Tezos and Etherlink platforms. Startups include: Akaswap, Ladder Protocol, Ocvlabs, Questflow, Renora, TaskOn, and YourD.
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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