Crypto

CROSS THE AGES Secures $3.5 Million Funding and Launches on Major Crypto Exchanges

3 weeks ago
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CROSS THE AGES Secures $3.5 Million Funding and Launches on Major Crypto Exchanges

CROSS THE AGES (CTA), a pioneering multimedia gaming ecosystem, has announced a successful $3.5 million equity funding round led by Animoca Brands. The funding adds to the previous $20 million raised which includes contributions from industry giants like Ubisoft. The studio is renowned for its innovative integration of blockchain technology into gaming, enhancing digital ownership and user engagement.

Expanding blockchain gaming environment

CROSS THE AGES has captivated an audience with its unique blend of futuristic fantasy and sci-fi elements. They have opted for a “transmedia strategy” that includes books, comics, and virtual trading card games.

The latest funding round is not just a financial boost. It is a strategic enhancement to the CROSS THE AGES ecosystem. Notable figures that participated in this round were Sebastien Borget of The Sandbox and Nicolas Jeuffrain of Tenergi. This new investment will accelerate CROSS THE AGES’s growth initiatives, particularly in expanding its universe and gaming offerings.

Since its debut in March 2023, the CTA game has achieved impressive milestones including:

  • Over 450,000 downloads.
  • Ranking as the top game on the Apple Store for 20 consecutive weeks.
  • More than 3.8 million NFTs minted and 35 million digital cards sold.

The game’s appeal is reflected in its active user base, with over 20,000 daily and 152,000 monthly users engaging deeply with the content. On top of that, the secondary market for CTA has seen over 29 million in sales and 350,000 trades.

Token generation event and listings

As part of this strategic phase, CROSS THE AGES is also initiating its Token Generation Event (TGE), with the game’s tokens being listed on major cryptocurrency exchanges like Bybit, KuCoin, gate.io, and MEXC. This move is set to further integrate CTA into the broader crypto ecosystem. It’ll offer players and investors a new venue to invest in the gaming platform.

 

 

Sami Chlagou, CEO and Co-founder of CROSS THE AGES, expressed enthusiasm about the new developments, stating, “We are thrilled to welcome Animoca Brands as the lead investor in our first equity round. This collaboration signifies a shared commitment and a vote of confidence for CTA’s gaming universe to expand amongst Animoca brands ecosystems and partners.”

Conclusion: A New Era for Gaming and Blockchain Integration

CROSS THE AGES is setting new standards in the gaming industry by merging virtual and real-world elements. With the successful funding and the launch of its tokens on major exchanges, CTA will surely revolutionize the gaming landscape. CTA will offer players unprecedented experiences in digital ownership and gameplay.

Source: https://coincodex.com/article/42801/cross-the-ages-secures-35-million-funding-and-launches-on-major-crypto-exchanges/