As a researcher with a background in the web3 and blockchain industry, I’m thrilled to see Imaginary Ones making significant strides in the development of their web3 entertainment ecosystem. The recent funding round, led by reputable firms like Cypher Capital and Animoca Brands, is a testament to the growing potential of this innovative company.
I’m excited to share that Imaginary Ones, a trailblazing web3 entertainment company, has successfully raised significant funds in a recent investment round. This financial boost will enable us to expedite the development of our innovative web3 entertainment ecosystem.
As a researcher studying the latest developments in the cryptocurrency industry, I came across an intriguing press release from crypto.news. According to this announcement, the company has recently secured a significant investment, which is part of an oversubscribed funding round. The purpose of this investment is to fuel the growth of their web3 entertainment platform. By combining gaming, digital content, and merchandise, they aim to revolutionize the way we experience and consume entertainment in the decentralized world.
The Imaginary Ones team shared with crypto.news that these funds will significantly contribute to our ambitious growth plans. By amplifying our operations, we aim to create more captivating experiences within the Imaginary World and fortify our role as a pioneer in web3 entertainment.
The web3 firm did not disclose the amount raised in the funding round.
At the outset, Imaginary Ones started as an Intellectual Property (IP) firm. However, they garnered significant recognition in the year 2022 following the sale of their NFT collection. This collection consisted of 8,888 intricately designed 3D ‘bubble characters,’ which were completely animated and sold out astonishingly fast – within a mere four minutes.
In 2023, Hugo Boss, the renowned international fashion label, teamed up with our firm, marking a pioneering collaboration between an Asian NFT project and a major global brand. Since then, we’ve introduced two web3 games – Bubble Rider and Bubble Rangers.
During the initial three months of the year, Imaginary Ones unveiled BUBBLE coin as the native token for our project. This digital currency grants users entry to the extensive web3 amusement platform housed in the Imaginary World.
The web3 company has expanded its reach into content and film production, fueled by recent investments and collaborations, including a partnership with Immutable, to advance its mobile gaming projects.
Cypher Capital took the lead in financing the round, with participation from Polygon, Animoca Brands, K300, and Mapleblock as well.
I, as an observer, can report that Animoca Brands, a leading venture capital firm specializing in Web3 projects, has formed a strategic alliance with Imaginary Ones, an NFT project based in Singapore. The goal of this partnership is to strengthen the economic system of Imaginary Ones by leveraging the extensive knowledge and resources that Animoca Brands brings to the table.
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2024-05-01 20:04