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Blockchain-Based RPG Raises $2.6 Million in Animoca Funding Round

By Jamie G - Crypto expert - 4-08-2021

Blockchain technology has been taking the world by storm and upgrading systems to create more efficient and secure networks. The latest industry adoption for Blockchain integration is gaming. Hitting the media this year are game companies using the technology to upgrade the world of cryptocurrency trading and promoting it to excite younger generations.

Another new RPG is no exception, as Nine Chronicles is one of the first open source blockchain games that they purely run. Nine Chronicles brings together trading and mining onto one platform, where players can not only mine the platform's native cryptocurrency but can also swap crypto for items in the game. Over 500,000 NFTs were created, with over 80,000 NFTs traded within the network since its debut in October 2020.

In the second quarter of 2021, the number of users active on the platform in Nine Chronicles increased by 600% monthly. Daily, over 1,000 nodes are mined, which further powers the Nine Chronicles Network.

In recent news, the decentralised blockchain gaming platform took part in a funding round led by Animoca Brands. Reportedly, the RPG raised an astonishing $2.6M toward hiring top personnel, scaling network infrastructure, mobile applications, and added support for ecosystem developers. The news comes shortly after the RPG had made their cryptocurrency, the Nine Chronicles' governance token, available for purchase on the Ethereum (ETH) network.

Other brands that also took part in the fundraising round were IDEO CoLab, Divergence Venture, Sfermion, SkyVision Capital, Hypersphere Ventures, and even Axie Infinity and Aave protocol.

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