domingo, octubre 2, 2022
InicioTech NewsImmortal Game: Web3 Chess Startup Immortal Game Raises $12 Million in TCG...

Immortal Game: Web3 Chess Startup Immortal Game Raises $12 Million in TCG Led Funding

Web3 chess startup and marketplace Immortal Game said on Thursday it has raised $12 million in funding led by cryptocurrency TCG, along with other VC tech and entertainment experts — Cassius, Greenfield One, Sparkle Ventures. (supported by the founders of Sandbox and Animoca Brands) Kevin Durant and Rich Kleiman’s 35V, Blockwall, Kraken Ventures and Spice Capital.

Immortal Game will use the funding to accelerate the development of its products and expand into key markets including India, the US and Europe.

Founded in March 2021 by Thomas Zaepffel, David Cingala and Geoffroy Mestrallet, the startup raised $3.5 million in funding earlier this year, co-led by Cassius and Greenfield One, which was also backed by GFC, Kraken Ventures, Moonfire, Kima Ventures, Blockwall and BlackPool DAO.

“A tipping point in the adoption of blockchain technology for consumer gaming has arrived. Chess is a century-old game that benefits from this technology, preserving its heritage and attracting a new group of players. We are excited to have the support of 50 Grandmasters as we continue to expand the reach of this incredible game,” said Thomas Zaepffel, CEO of Immortal Game.

Powered by blockchain, Immortal Game is being created in collaboration with and for the dedicated chess community. The aim is to elevate the gaming experience for online chess players around the world, who currently play over 20 million games daily, leveraging web3 and state-of-the-art digital assets.

“Immortal Game is at the forefront of gaming and blockchain technology,” said Jesse Jacobs, co-founder and partner at TCG. “The team is world class, the product is excellent and the vision is inspiring. We are excited to partner with Thomas, David and Geoffroy as they expand the gaming experience to passionate communities in new and exciting ways.”

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