Switcheo

Three-month-old stealth Singapore game-fi startup raises seed funding of US$2.7 million

Retrieved on: 
Thursday, February 24, 2022
Switcheo, Ethereum, Komodo, VCS, Candy Crush Saga, The Genesis Foundation for Children, Bloomberg, Growth, Non-fungible token, NFT, GBIC, MetaMask, IDS, Blockchain, Tetris, Polygon, US, Dragon, Big Tech, Marketing, Ecosystem, Microsoft, Cryptocurrency, Google, Airbnb, Coinbase, Komo, Metaverse

The three-month-old Ethlas is the first game-fi startup founded in Singapore to have secured serious investor money, underlining the confidence that VCs have in this fledgling tech startup that first launched quietly in November 2021.

Key Points: 
  • The three-month-old Ethlas is the first game-fi startup founded in Singapore to have secured serious investor money, underlining the confidence that VCs have in this fledgling tech startup that first launched quietly in November 2021.
  • The rapid scale that Ethlas achieved product market fit has been one of the key reasons for its seed fundraising success.
  • Most game-fi platforms have a high barrier of entry, requiring gamers to pay subscription fees or have upfront capital.
  • It will leverage its seed funding to aggressively hire tech talent in the Web 3.0 space.

DeMons Pilot NFT Collection sells out in under 10 seconds, generating over US$200,000 in 24-hours

Retrieved on: 
Tuesday, September 21, 2021
Zilliqa, Switcheo, Metaverse, Decentralized finance, DMZ, Collection, Sale, Gamify (company), Demon, Merchandising, NFT, Non-fungible token, Ecosystem, Cryptocurrency

SINGAPORE, Sept. 21, 2021 /PRNewswire/ -- DeMons, a decentralised community-driven collectibles multiverse, sold out its genesis species of 100 exclusive hand-drawn "GodZilliqa" NFTs in under 10 seconds following its launch on September 18, 2021. Recording sales of over US$200,000 within the first 24-hours of launch, these yield-earning and gamified NFTs currently hold the record of the fastest-sold NFT collection on the Zilliqa blockchain.

Key Points: 
  • Unlike the typical buy and sell model used by other NFT marketplaces, DeMons collectibles can be lucrative when locked into the platform's DeFi yield generating tools.
  • This pilot collection is part of a larger DeMonverse, which contains five species and a total of 666 rare creatures.
  • With its own token $DMZ (governance and utility token), DeMons is set to reinvent the narrative around NFTs.
  • The project DeMons include (but are not limited to): (1) Gamified NFT holding experience, (2) NFT name changing, (3) Proprietary NFT marketplace, (4) A voting portal, (5) Merch store.

DeMons Pilot NFT Collection sells out in under 10 seconds, generating over US$200,000 in 24-hours

Retrieved on: 
Tuesday, September 21, 2021
Zilliqa, Switcheo, Metaverse, Decentralized finance, DMZ, Collection, Sale, Multimedia, Gamify (company), Demon, Merchandising, View, NFT, Non-fungible token, Ecosystem, Cryptocurrency

Unlike the typical buy and sell model used by other NFT marketplaces, DeMons collectibles can be lucrative when locked into the platform's DeFi yield generating tools.

Key Points: 
  • Unlike the typical buy and sell model used by other NFT marketplaces, DeMons collectibles can be lucrative when locked into the platform's DeFi yield generating tools.
  • This pilot collection is part of a larger DeMonverse, which contains five species and a total of 666 rare creatures.
  • DeMons focuses on three main aspects of NFT Metaverse namely, DeFi, gamification, and democratizing rarity around NFTs.
  • The project DeMons include (but are not limited to): (1) Gamified NFT holding experience, (2) NFT name changing, (3) Proprietary NFT marketplace, (4) A voting portal, (5) Merch store.

Zilliqa's NFT ecosystem heats up as its latest collection 'The Bear Market' breaks the bullish $1m sale milestone in less than 24 hours.

Retrieved on: 
Thursday, September 16, 2021
Zilliqa, Switcheo, Ethereum, United States bear market of 2007–2009, Traction, Andy Williams' Newest Hits, Ecosystem, NFT, ZIL, Collection, Non-fungible token, Market trend, Partnership, UTC, Social media, Sale, Coin, Cryptocurrency

The NFT collection cheekily coined "The Bear Market" boasted over $1 million in sales, the highest of any NFT collection on the blockchain platform thus far.

Key Points: 
  • The NFT collection cheekily coined "The Bear Market" boasted over $1 million in sales, the highest of any NFT collection on the blockchain platform thus far.
  • The Bear Market is a collection of 10,000 programmatically-generated digital art pieces of bears that can be minted by users on the Zilliqa blockchain.
  • The sale began on 15 September 2021 at 8AM UTC and is set to run for 48 hours.
  • The Bear Market is a collection of 10,000 digital art pieces minted as NFTs on the Zilliqa blockchain.