Nexus Interactive has raised $2 million in an oversubscribed seed round, marking an important step in expanding its web3 gaming business.
The funds will be used to develop new games and enhance Nexus Interactive’s existing ecosystem, which already enjoys significant community engagement and revenue generation.
Major investors in this round include Animoca Brands, Jump Crypto and Maven Capital.
Source: Nexus InteractiveWhat is Nexus Interactive?
Nexus Interactive is a company operating in the field of web3 games, focusing on game development, publishing and community-driven content creation.
The company’s ecosystem is built on three main components: Nexus Play, an in-house game development studio; Nexus Build, a web3 publisher serving as third-party developers; and Nexus Share, an AI-powered platform that facilitates usage author-generated content and community development.
The team at Nexus Interactive has extensive experience developing successful games such as Splinterlands and Gods Unchained, which generated significant revenue and attracted millions of users to web3 gaming.
With over 100,000 community members and nearly $2 million in revenue, Nexus Interactive has become a major player in the emerging Web3 gaming industry.
Source: Nexus Interactivefuture direction
Nexus Interactive’s flagship game Everdawn Champions, a 3D trading card game, became the most played game on Elixir during closed beta. The company plans to launch a public beta in September 2024, and there are currently a large number of players on the waiting list.
“Traditional game organizations make it difficult for developers to bring games to market with successful launch campaigns and monetization models. Nexus Interactive provides the perfect solution for studios and developers. “Over the past 3 years, we have We’ve also gone through this journey to build our own web3 game development studio and can provide tremendous value to other builders and creators looking to launch in web3.”
In addition to expanding its gaming portfolio, Nexus Interactive is also preparing to launch the $NXI token, which will serve as the utility and governance token for the entire ecosystem. The token is expected to play a vital role in solidifying activity and interaction within the Nexus Interactive platform.
Yat Siu, co-founder and executive chairman of Animoca Brands, added: “We are excited to support exus Interactive as it builds a scalable ecosystem for users, developers and creators. “We believe these efforts will help To enhance the network effect of the entire network, we look forward to the impact of the Nexus Interactive ecosystem on the web3 gaming field. “
The company also plans multiple intellectual property partnerships with well-known brands in preparation for launching the NXI token later this year.
