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Internet Game - Seed
Overview
Funding Date
September 3, 2022
Financing amount
$7M
Valuation
--
Subcategory
About Internet Game - Seed
Internet Game has raised $7 million in a seed funding round. Investors in the seed round include HQ Trivia co-founder Rus Yusupov, ParaFi Capital, Dragonfly Capital, Dephi Digital, Uniswap Ventures, Collab+Currency, Gmoney, Milk Road, Ready Player DAO and Zedd, co-founder of Magic Eden.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Angel Investor | United States of America | -- | 1 | -- | ||
| Fund | United States of America | 2018 | 99 | [email protected] | ||
| Fund | United States of America | 2018 | 132 | [email protected] | ||
| Fund | United States of America | 2018 | 91 | [email protected] | ||
| Corporate | United States of America | 2018 | 23 | -- | ||
| Fund | United States of America | 2018 | 79 | [email protected] | ||
| Angel Investor | Unknown | -- | 29 | -- | ||
| Uncategorized | Unknown | -- | 1 | -- | ||
| DAO | -- | -- | 11 | -- | ||
| Angel Investor | United States of America | -- | 2 | -- |
Company Profile / Project Introduction
Internet Game, a new company that has been called "HQ Trivia meets NFTs". The first season launched in March with 8,000 players minting $2.2 million worth of NFTs to gain access to the game. With those proceeds, the business purchased more than $1 million in NFT prizes voted on by the players, including items from top flight collections such as Bored Apes, Mutant Apes, Doodles, Azukis and CloneXs.
Each staked "Game Token" NFT allowed participation in five games spread over five days in what the business called a "Squid Game-like" competition. Those remaining after five games won a "Metaverse Access Card NFT," which gave owners free access to all future project events and exclusive mini games. The top 100 players by points each won a blue-chip NFT from the prize pool.
Via the NFT, a player's rank and score can be sold to another player.