Intella X Secures $12M Funding for Web3 Gaming Platform Launch
Introduction to Intella X's Web3 Ambitions
Intella X, in collaboration with Neowiz and Polygon, is set to transform the Web3 gaming landscape with an innovative platform. Following a successful private funding round, the platform raised $12 million from prominent investors, including Polygon and Animoca Brands. This funding will enhance their product offerings as they prepare for launch.
Strategic Partnerships and Funding
The partnership between Polygon and Neowiz, announced in August 2022, marks a pivotal step in bringing Neowiz's popular gaming IPs to the Web3 ecosystem. Neowiz, a pioneer in the South Korean gaming industry, has a rich history of publishing successful PC and mobile games, including co-developing blockbuster titles like FIFA Online. The collaboration aims to incorporate Web3's core principles of user ownership and revenue sharing among contributors.
Upcoming Launch and Innovative Features
Intella X plans a significant launch on Polygon in Q1 2023. The platform will introduce a proprietary Web3 wallet, a decentralized exchange, an NFT marketplace, a launchpad, and a series of games. These features are designed to leverage blockchain technology, offering users a unique and immersive gaming experience.
Broad Investor Interest
The platform's $12 million funding attracted various sectors, with notable participation from Web3 leaders such as Magic Eden, Planetarium, and Big Brain Holdings. This diverse investor interest highlights confidence in Intella X's vision and the potential impact on the Web3 gaming domain.
Neowiz's Market Influence
Neowiz, valued at over $670 million, continues to demonstrate its industry influence with acclaimed titles like Lies of P, which received multiple accolades at Gamescom 2022. Neowiz's transition from traditional gaming to Web3 reflects its forward-thinking approach, offering promising advancements for the Web3 gaming space.
Conclusion
Intella X's collaboration with Neowiz and Polygon is a significant milestone in the evolution of Web3 gaming. With substantial funding and innovative features, the platform is poised to deliver groundbreaking experiences, advancing the Web3 ecosystem and setting new industry standards.
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