God-Mode – Hashed leads the funding round for the NFT game Apeiron

The South Korean blockchain investment firm Hashed, which has emerged as one of the best backers for Web3 with investments of more than $ 320 million in the last year alone, is now also a top supporter of Project Apeiron, without a doubt the most exciting new blockchain games in market.

Foonie Magus, the development studio behind the game, has now raised more than $ 17 million in investment capital for the blockchain game Apeiron, which is based on both Non-Fungible Tokens (NFT) and Play-To-Earn (P2E) based. Even before the actual seed investments, the project was able to raise USD 3 million, which was later followed by revenue of USD 10 million and USD 4.5 million through the sale of NFTs, bringing the total amount to a total of 17 Estimate $ .5 million.

Hashed is a team of blockchain experts based in Seoul and Silicon Valley. The company has quickly become one of the leading blockchain investment companies in Asia and now manages an investment fund of USD 200 million with a special focus on projects with high growth potential. Based in South Korea, the investment company is fundamentally open to new technologies, which is why it sees Web3 as an opportunity “to herald a new future where technology promotes people and not the other way around.” Already in 2016, Hashed had invested in the two now quite successful NFT projects Axie Infinity and The Sandbox.

In addition to Hashed, Apeiron is also backed by financiers such as DeFiance Capital, Morningstar Ventures, Spartan Group and DeFi Capital. The gaming guilds GuildFi, Yield Guild Games Southeast Asia, Avocado DAO, Ancient8 and Snack Club are again on board as partners. All business partners were selected based on their strategic added value and their long-term vision for Web3.

Apeiron is the first NFT game where players are literally in god mode. Players take on the role of a so-called Godling – a newborn god – and must use their powers to punish or help Doods, who populate Apeiron Godiverse. In addition, the games can control massive elemental avatars that go head-to-head in real-time card-based battles.

The P2E game Apeiron has a unique tri-token system where players can purchase NFTs showing planets, stars and powerful relics. Playing, in turn, can earn tokens, which in turn can be traded on the game’s marketplace for real cryptocurrencies.

Frank Cheng, CEO of Foonie Magus and creator of Apeiron explains: “We’ve been working on this project for six years now, our team consists of 28 developers who have been pouring blood, sweat and tears into the game for more than five years. get stuck. Now all the hard work is bearing fruit and the dream is slowly coming true. We are happy to have partners on our side who share our crazy vision. The gaming industry can look forward to something great that will be a great experience for everyone and one of which we can all be a part. ”

With the completion of the seed funding round, Apeiron is now transitioning to a private and a community-controlled funding round, after which the initial token sale of the blockchain game is scheduled to take place at the end of May. Foonie Magus wants to earn at least $ 10.7 million on these three rounds so the game can finally start no later than the fourth quarter of this year. In addition, the Apeiron Planet NFTs are already available on the large OpenSea marketplace, where the minimum bid is 0.15 Ether (ETH).

About Apeiron

Apeiron is the world’s first NFT-based P2E game about gods. The unique card-based combat system is combined with god-related simulation gameplay in the style of classics like Populous and Black & White. Players can first create entire planets from a bird’s eye view or God-state before descending on them in the form of their avatar to explore their universe. Development can be pushed to an endpoint followed by an Armageddon, allowing for further progress on the one hand and adding excitement on the other. Players can either play guild-versus-environment and collaborate, or compete against each other in guild-versus-guild.

Apeiron is based on a tri-token architecture. This means that the ecosystem consists of three separate tokens that control the ecosystem, these are: governance token, P2E token and a team-to-earn token.

You can find Apeiron here:

This is a sponsored press release Cointelegraph assumes no responsibility for any content, accuracy, quality, advertising, products or other material on this site. Readers should do their own research before doing anything about the business. Cointelegraph is not directly or indirectly liable for any damages or losses, nor is Cointelegraph liable for any damages arising out of products, services or content promoted in the press releases.

Subscribe to our social media so you do not miss anything: Twitter and Telegram – Current news, analyzes, expert opinions and interviews focusing on the DACH region.

Leave a Comment