Encrypt fantasy GameFi project Kandle.xyz completes $1.7 million seed round financing with Saama as the lead investor.
2023-07-25 09:15
Odaily News: Encrypted GameFi project Kandle.xyz has announced the completion of a $1.7 million seed funding round, with Saama leading the investment and participation from PointOne Capital, Cloud Capital, Good Capital, Founder's Room, Seeders Fund, and the CEO of CoinDCX, Sumit Gupta.
The new funding will be used to further develop the platform and expand its user base, with a focus on its flagship product "Crypto Fantasy Leagues." This game allows players to choose cryptocurrencies as battle tokens and compete against other players in portfolio battles.
According to reports, Kandle.xyz plans to release a project roadmap regarding token issuance, token utility, and the play-to-earn (P2E) model. (IndianWeb2)
The new funding will be used to further develop the platform and expand its user base, with a focus on its flagship product "Crypto Fantasy Leagues." This game allows players to choose cryptocurrencies as battle tokens and compete against other players in portfolio battles.
According to reports, Kandle.xyz plans to release a project roadmap regarding token issuance, token utility, and the play-to-earn (P2E) model. (IndianWeb2)
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