Crypto Gaming United: A New Player in the NFT Arena
Launched in August of this year, Crypto Gaming United (CGU) is shaking up the gaming world by building a global community where players can earn money through non-fungible tokens (NFTs). Recently announcing a successful seed funding round that pulled in $5 million, CGU isn’t just any typical startup; it’s led by two bigwig investors, Mark Carnegie and Sergei Sergienko, who have a knack for making waves in crypto.
Meet the Investors Behind the Magic
This seed round saw contributions from top-tier players like Australian investment managers Shaw and Partners, and Blockchain Assets, blending the conventional finance world with the flashy realm of cryptocurrency. Together, they’re targeting a hefty slice of the $200 billion online gaming pie.
Building a Diverse Community
Despite its Aussie roots, CGU’s heart beats predominantly in the Philippines, with over 1,500 founding members and a whopping waiting list of 40,000 eager gamers. This diverse community extends through countries like Indonesia, South Africa, and India. Many participants hail from low-income backgrounds, making their opportunity to partake in the lucrative NFT-based game «Axie Infinity» a challenge due to high operational costs.
The CGU Scholarship Program
To tackle financial hurdles, CGU offers scholarships funded by generous sponsors, allowing players to utilize expensive game assets without the initial investment. This not only democratizes gaming but also opens doors for talented players to earn revenue, making dream-like experiences a bit more accessible.
Comments from the Founders
Sergienko put it best: “The wealth creation potential in the NFT sector isn’t just for the rich and famous anymore. We’re breaking down financial barriers and allowing more players to share in the profits of their gaming successes.” Sounds like an open invitation to all the gamers out there, doesn’t it?
Big Dreams Ahead
With ambitions to grow its user base to exceed 100,000 within 18 months, CGU is speeding ahead alongside other major players like Zebedee, which recently raked in $11.5 million to enhance its rewards system for game developers. As gaming and crypto meld into one, it seems the best is yet to come.
The Gaming Explosion
With explosive growth this year, Axie Infinity’s player base surged from 30,000 to over one million in just a few months. CGU is poised to ride this momentum alongside other emerging entities offering financial support and NFT-based gaming experiences.
“With CGU, you don’t need to be a sports celebrity to generate income while having fun!” – A very excited player
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