Fun

Spellfire Completes Seed Funding Round – Terranova, x21, Autonomy Capital Among Top Investors Onboard

News Feed - 2021-10-07 06:10:12

Spellfire Completes Seed Funding Round - Terranova, x21, Autonomy Capital Among Top Investors Onboard sponsored


Spellfire, a legendary card-based NFT game powered by Ethereum and incorporating some unique features, has successfully completed its seed funding round.


Terranova, x21 and Autonomy Capital have led 360,000 USD investment into the project, with more investors eyeing spellfire’s incoming private round.


Spellfire has some unique features which make it stand out among its peers in the industry. NFTs acquired are digital and physical, making it the first NFT based game that allows owners to touch their NFTs. Special NFTs have an “Augmented Reality” feature allowing the owners to interact with their NFTs using gestures. NFTs will be upgradable. Players can create their own NFTs with unique characteristics.


Spellfire includes a P2E mechanic which allows owners to generate revenue from their NFTs and from playing the game, with 200,000,000 tokens being distributed through in-game rewards: Tournaments, Special collections, Achievements, and 90 percent of NFT generated profits going directly back to the owners.


NFTs have been gaining massive interest from investors; the industry has seen a growth of 2100 percent in the first quarter of 2021 compared to the previous quarter, according to CrunchBase, marking 2 billion USD in revenues. In July of 2021, the industry saw a massive 1.5 billion USD influx, more than half of the accumulated gains of the year’s first quarter.


P2E games have had similar success. According to the latest report published by the Blockchain Game Alliance (BGA), more than 804,000 unique users have played on one or more of the available Playtoearn (P2E) gaming platforms, increasing the market for unique and active wallets by 121%.


Find out more about spellfire here.


This is a sponsored post. Learn how to reach our audience here. Read disclaimer below. Ertha - a New Dynamic NFT Metaverse on Binance Smart-Chain SPONSORED | 10 hours ago ADALend’s Revolutionary GM for an Evolutionary Cardano Based DeFi SPONSORED | 18 hours ago Tags in this story Spellfire


Image Credits: Shutterstock, Pixabay, Wiki Commons Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimer

News Feed

Nivesh Rustgi5 hours agoEther death cross threatens more downside as ETH price trades at a key support levelETH’s technical and on-chain indicators point toward further downside, but there is a silver lining.1218 Total
Buy a Dream House With Bitcoin In the Idyllic Caribbean Valley of Puerto Rico
Buy a Dream House With Bitcoin In the Idyllic Caribbean Valley of Puerto Rico sponsored At one point in every crypto enthusiast’s life he or she has envisioned buying their d
Trump’s NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales
Trump"s NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales Following the launch of Donald Trump’s non-fungible token (NFT) card collection,
Ciaran Lyons7 hours agoSEC initiates legal action against FTX’s auditorThe SEC alleges that Prager Metis, an accounting firm engaged by bankrupt crypto exchange FTX in 2021, committed hundreds of violations related to
Dogecoin Large Transactions On The Rise — Can This Fuel DOGE Price Recovery?
Este artículo también está disponible en español. Dogecoin increased in value by more than 12% in the historically bearish month of September but has not quite been able
Hal Finney’s Wife Fran Activates Her Husband’s Twitter Account to Protect It From ‘Being Purged’ by Elon Musk
Hal Finney"s Wife Fran Activates Her Husband"s Twitter Account to Protect It From "Being Purged" by Elon Musk Roughly seven days ago the owner of Twitter, Elon Musk, disclosed that
Marcel Pechman14 hours agoBitcoin price breaks from range with drop below $28K, and options tilt toward BTC bearsAbout $570 million in weekly BTC options expire on Friday, and the recent macro and crypto news events have
Chainalysis and Integra Win $1.25 Million IRS Contract to Break Monero
Chainalysis and Integra Win $1.25 Million IRS Contract to Break MoneroCrypto intelligence firm Chainalysis and data forensics company Integra Fec have won a combined $1.25 million c
‘No Argument’ for Replacing Dollar’s Global Role With Crypto: Ex-Fed Official
A former official from the U.S. Federal Reserve has responded to a proposal from the chief of the Bank of England that a cryptocurrency could be more beneficial in international markets than the U.S. dollar.
Unofficial GameStop memecoin’s $4M token presale draws investor controversy
Christopher Roark6 hours agoUnofficial GameStop memecoin’s $4M token presale draws investor controversyThe memecoin project wants to follow in the footsteps of the Wall Street Memes token, but it has allegedly yet to s
Cardano Whale Activity Spikes – 80 Million ADA Added In 48 Hours
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Bitcoin Whale Entry Prices Diverge Sharply – Confidence Builds At Higher Levels
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu