Fungies.io Launches Pre-Seed Round of Financing to Expand Web3 Gaming Platform

It is reported that the Web3 game business platform Fungies.io announced the launch of the pre-seed round of financing, with the goal of completing the round o…

Fungies.io Launches Pre-Seed Round of Financing to Expand Web3 Gaming Platform

It is reported that the Web3 game business platform Fungies.io announced the launch of the pre-seed round of financing, with the goal of completing the round of financing by the end of May 2023. In addition, Fengies.io also announced its participation in the Outlier Ventures, CV Labs, and Tatum Blockchain Accelerator program. Fengies has launched its beta platform, and the team is now focusing on providing easy-to-use Website Builder and Unity/Unreal SDK to build in-game stores and markets synchronized with the website and provide tools for game studios to reduce costs. (EINPresswire)

Web3 game business platform Fengies.io opens pre-seed round financing

Interpretation of the news:


Fungies.io, a Web3 game business platform, has announced the launch of its pre-seed round of financing with the goal of completing the funding by the end of May 2023. The platform has also announced its participation in the Outlier Ventures, CV Labs, and Tatum Blockchain Accelerator program. This move reflects the platform’s commitment to expanding its presence in the Web3 gaming industry.

Fungies.io has already launched its beta platform, focusing on providing an easy-to-use Website Builder and Unity/Unreal SDK to build in-game stores and markets synchronized with the website. The platform also aims to provide tools for game studios to reduce costs, making gaming development efficient and accessible for all developers.

The announcement of the pre-seed round of financing comes at a time when Web3 gaming is experiencing a paradigm shift towards decentralized and blockchain-based gaming. Fungies.io’s strategy of participating in accelerator programs and offering financing opportunities for its platform will enable it to leverage emerging technologies better, and offer a better gaming experience while remaining competitive in the Web3 gaming space.

The Web3 gaming industry is undergoing significant growth and transformation as more developers embrace decentralization and seek to integrate Web3 technologies into their gaming platforms. This shift has been driven by the increasing demand for online gaming options, the emergence of new technologies, and the introduction of cryptocurrencies and blockchain.

Fungies.io is positioning itself as a leader in this space by providing developers with the necessary tools to create efficient, secure, and immersive gaming experiences. The platform’s emphasis on reducing development costs for game studios will also enable more developers to enter the Web3 gaming industry.

In conclusion, Fungies.io’s announcement of its pre-seed round of financing and participation in accelerator programs is a significant move towards expanding and establishing itself in the Web3 gaming industry. The platform’s commitment to offering efficient and accessible development tools to game studios is welcome news for both developers and gaming enthusiasts.

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