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C

ChainxGame

This startup develops a blockchain-based multiplayer online game that connects cryptocurrency owners with gamers through a play-and-own model. Players can earn and own digital assets as non-fungible tokens (NFTs) while competing in esports, addressing the lack of true ownership in traditional gaming.

London, United KingdomFounded 202175K+ followers
Updated 3 months ago

Funding

$10.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

Funding rounds are not available yet.

Founders

Product

Problem

Traditional multiplayer online games often lack true ownership for players, with in-game assets and progress tied to centralized game servers. This limits players' ability to monetize their time and effort, and exposes them to the risk of losing their investments if the game shuts down.

Solution

This startup is building a blockchain-based multiplayer online game that empowers players with true ownership through a play-and-own model. By leveraging non-fungible tokens (NFTs), the game allows players to earn, own, and trade digital assets representing in-game items, characters, and land. This approach connects cryptocurrency owners with gamers, creating a decentralized ecosystem where players can monetize their skills and contributions while retaining control over their digital assets. The game aims to foster a community-driven experience where players can participate in esports competitions and build valuable digital collections.

Target Audience

The primary target audience includes cryptocurrency enthusiasts, gamers seeking true ownership of their in-game assets, and esports competitors looking for new revenue streams.

Features

  • Blockchain-based ownership of in-game assets via NFTs
  • Play-and-own model allowing players to earn cryptocurrency and NFTs through gameplay
  • Integration of cryptocurrency wallets for seamless asset management
  • Esports competitions with NFT rewards
  • Decentralized marketplace for trading in-game assets
This profile is AI-generated and may contain inaccuracies.