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Moxy raises over US $10 million to expand its Web3 game platform

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Moxy raises over US $10 million to expand its Web3 game platform

It is reported that the Web3 game platform Moxy has announced that it has completed more than US $10 million of financing, with the participation of investors such as Shima Capital, Polygon, MetaTope and GSR. Moxy’s Web3 game platform based on the FLOW blockchain-driven helps players including E-sports players and other players participate in the game and gain incentives in a decentralized, safe and stable way. At the same time, it also allows game developers to seamlessly create NFT based on game assets to promote the popularity of E-sports. In addition, Moxy also uses a unified digital wallet to participate in the game ecosystem so that players can store cryptocurrency and NFT. It is reported that Nolan Bushnell (founder of Atari) Lawrence Siegel (President of Sega Europe) and Tony Bickley (Director of Sega Europe) have joined the Moxy team.

Web3 game platform Moxy completed financing of more than US $10 million

Analysis based on this information:


Moxy, a Web3 game platform that leverages the FLOW blockchain, has completed over US $10 million financing, with the contribution of investors such as Polygon, Shima Capital, MetaTope, and GSR. The platform is designed to offer players, including e-sports players, a seamless and secure way to participate in games and potentially gain incentives. Meanwhile, developers can create NFT based on game assets to enhance the popularity of e-sports. Moxy’s inclusion of a single digital wallet in the game ecosystem allows players to store digital assets such as cryptocurrency and NFT.

Moxy aims to offer decentralization to gaming by leveraging blockchain technology, offering players true ownership of their in-game digital assets. Blockchain technology also changes the infrastructure of traditional gaming, allowing Moxy to provide secure and stable gameplay mechanisms. By using the FLOW blockchain, Moxy can create unique blockchain-based experiences while enabling greater transparency and trust. The endorsement of Moxy by major industry players such as Nolan Bushnell, founder of Atari, and Lawrence Siegel and Tony Bickley, both of whom hold prominent positions in Sega Europe, is a testament to the platform’s potential.

Furthermore, Moxy’s emphasis on non-fungible tokens (NFTs) enables games to remain fresh and entertaining for longer. Developers can create and sell unique, one-of-a-kind game assets such as characters, costumes or weapons, thus generating additional revenue streams. NFTs add a new dimension to gaming by allowing players to invest in digital assets that they truly own, which can appreciate over time, and can even be sold or traded. The integration of NFTs to Moxy’s platform is also a new way to engage players, especially those who are drawn to collectibles or in-game rewards.

Overall, Moxy’s financing is a testament to the rising popularity of Web3 and blockchain-driven ecosystems. With its promise of decentralization, secure gameplay, and unique blockchain-based experiences, Moxy is poised to revolutionize gaming. As gaming transitions more and more to blockchain technology, Moxy’s ability to attract significant support and backers is sure to fuel its continued growth.

In conclusion, Moxy’s financing is a significant milestone, and the platform is well-positioned to improve decentralization in gaming while enabling players, developers, and investors to take advantage of the transformative benefits of blockchain technology.

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