Infinitar Secures $2.9M in Funding, Launches $9M Series A Round

INFINITAR: The First MOBA Blockchain Game Fuels Growth with New Funding

According to BlockBeats, INFINITAR, the pioneering MOBA blockchain game within the Web3 ecosystem, has recently achieved a significant milestone by completing its seed and angel funding rounds on October 1. This groundbreaking game, which merges traditional gaming mechanics with decentralized technology, aims to reshape the landscape of online multiplayer battle arenas.

Funding Rounds Overview

The funding rounds were primarily led by Lam Group, alongside notable participation from AccelByte and Waterdrip Capital, successfully raising a total of $2.9 million. With this financial backing, INFINITAR has initiated its Series A funding round, targeting an ambitious goal of $9 million.

Investor Confidence

This next round is once again spearheaded by Lam Group and AccelByte, with additional contributions from AC Capital, DEX Ventures, and Mason Labs. The post-investment valuation of INFINITAR is projected to reach a robust $150 million. Notably, several other prominent investment institutions are in discussions to participate in this Series A funding, showcasing the growing interest in blockchain gaming.

Community Engagement and Market Impact

INFINITAR stands out in the GameFi sector as a AAA title, attracting players from hundreds of Web3 communities across over twenty countries. Its blend of innovative mechanics and immersive gameplay has already led to thousands of downloads on both the Apple and Google app stores.

The Future of INFINITAR

As INFINITAR moves ahead with its financing strategy, the completion of the Series A funding round is anticipated to catalyze further growth, enhancing both its development and marketing efforts. The interest from high-profile investors underlines the significant potential of the blockchain gaming sector, and INFINITAR is poised to capitalize on this trend.

Conclusion

With substantial funding and an expanding player base, INFINITAR is not only a frontrunner in the MOBA blockchain gaming niche but may also redefine the future of gaming as more developers and communities explore the benefits of Web3 technology.

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