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DOGAMÍ Raises $14 Million in Seed Funding for NFT Pet Game

DOGAMÍ secures $14 million to expand its augmented reality NFT pet game, gaining global traction with sales and community growth.
Published on 2022-12-13

DOGAMÍ's Successful Funding Round

DOGAMÍ, a Web3 mobile gaming company, has successfully completed a $14 million seed funding round. This major milestone is set to propel the growth and development of its augmented reality mobile game featuring nonfungible token (NFT) pet companions. The funding round was spearheaded by the venture capital firm XAnge, which contributed $7 million to the total amount.

Global Community and NFT Sales

The innovative game has garnered a strong community presence, with members spanning over 80 countries worldwide. DOGAMÍ has capitalized on this global reach by selling 12,000 NFTs of dog avatars along with an additional 12,000 NFTs of canine accessories. This success was achieved through a strategic collaboration with GAP, a well-known omni-channel clothing retailer.

Expansion and Future Prospects

The infusion of funds marks a significant step forward for DOGAMÍ, allowing the company to enhance its offerings and expand its user base. The game's unique blend of augmented reality and blockchain technology positions it well in the burgeoning Web3 gaming space. By leveraging NFTs, DOGAMÍ offers players a distinctive and immersive experience that is increasingly popular in the digital gaming landscape.

Conclusion

With this substantial financial backing, DOGAMÍ is poised to continue its expansion and innovation in the realm of NFT-based gaming. The company's ability to engage a global community and achieve impressive sales figures reflects its potential for long-term success. As the Web3 gaming industry evolves, DOGAMÍ's pioneering approach sets it apart as a leader in the field.

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