As an analyst with a background in blockchain technology and gaming industry, I’m excited to share my perspective on this recent investment announcement by CROSS THE AGES (CTA). With over $23.5 million in funding raised to date, including the latest equity round led by Animoca Brands, CTA is poised to expand its gaming universe and ecosystem significantly.
Marseille, France, May 15th, 2024, Chainwire
In a recent announcement, CROSS THE AGES (CTA), an all-encompassing multimedia gaming platform, revealed the closing of a $3.5 million investment round. This round was spearheaded by Animoca Brands, with contributions also coming from Sebastien Borget of The Sandbox and Nicolas Jeuffrain of Tenergie. Following previous investments totaling $15 million, this latest funding brings the grand total to an impressive $23.5 million, comprised of both external investments and community fundraising efforts.
The announcement of the funds being raised is coinciding with the Token Generation Event (TGE) of our ecosystem, during which the token will be listed on exchanges like Bybit, KuCoin, GATE, and MEXC.
Through this strategic investment, Cross the Ages will significantly advance its various expansion plans and construct a more extensive CTA universe and associated ecosystem. Since the launch of its virtual trading card game in March 2023, Cross the Ages has amassed over 400,000 downloads and maintains approximately 148,000 monthly active users.
As the CEO and Co-founder of CROSS THE AGES, I’m delighted to announce that Animoca Brands will be taking the lead in our initial equity investment round. This partnership represents a collective dedication and a strong endorsement from Animoca Brands for the growth of CTA’s gaming universe within their ecosystems and networks.
Yat Siu, the executive chairman and co-founder of Animoca Brands, noted that blockchain gaming is a significant development, empowering people with authentic digital possession. The game “Cross The Ages” represents the essence of this trend, allowing players to engage in immersive virtual experiences built on a solid foundation of personal ownership.
About CROSS THE AGES
Introduced in 2020, Cross the Ages (CTA) is a groundbreaking transmedia intellectual property (IP), merging futuristic fantasy with sci-fi epic stories. Employing blockchain technology, CTA’s universe raises the bar for innovative gaming, offering both free-to-play and play-to-earn experiences. This immersive ecosystem harmonizes the virtual and real worlds, incorporating books, comics, video games, esports, animation, collectibles, and a gaming investment model geared towards promoting renewable energy adoption in reality. With collaborations with industry giants Ubisoft and Square Enix, Cross the Ages continues to pioneer advancements in gaming and entertainment. For additional details, please visit crosstheages.com/en-us.
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Contact
Chief Marketing Officer
Patrick Mercanton
patrick.m@crosstheages.com
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2024-05-15 16:04