Bitcoin
$ 30,233.00 2.38%
Ethereum
$ 2,036.74 4.00%
Solana
$ 52.00 2.19%
Dogecoin
$ 0.086870 1.64%
ApeCoin
$ 8.02 3.53%
STEPN
$ 1.40 4.99%
Terra
$ 0.000140 2.79%

Blockchain card game attracts $15m investment

Blockchain card game attracts 15m investment

Immutable, an Australian game development studio, has raised fifteen million dollars ($15 million) for the creation of a blockchain card game titled Gods Unchained.

According to industry experts, the project attracted a lot of attention because of the benefits blockchain technology brings to true digital ownership in the video games sector. 

Blockchain card game and platform

The Gods Unchained project is advertised as a blockchain card game, but Immutable is working on developing much more than a single game. 

Their goal is to create a blockchain-based platform, which will facilitate the creation of other item-purchase based games. 

Gods Unchained is an innovative approach to online gaming. The way the game is structured allows users to purchase cards and card sets with cryptocurrency, which then secures the purchase, and prevents users from potentially losing their game assets. 

The game functions thanks to the Ethereum blockchain, and requires users to set up, or connect a dedicated Ether wallet, to complete purchases.  To be able to play Gods Unchained, users are required to download the Metamask browser extension, which facilitates purchases on the blockchain.

Blockchain-based games

Blockchain-based video games are becoming increasingly popular, as more users are attracted to the idea of being connected to the blockchain through a game. 

What is even more interesting is that games of all types are being launched on the blockchain. From casino type games, through puzzle games, to character and card games like Gods Unchained.

While Gods Unchained is still being developed and is yet to exit the beta mode, it has already earned more than four and a half million dollars ($4.5 million) thanks to card purchases.

Tina Yordanova

Tina Yordanova

Back from her stint with European Central Bank, Morgan Stanley, Barclays, Societe Generale, Hilton Hotels, and Aviva International, Tina rejoins Cryptopolitan with a deeper insight regarding the financial world, blockchain enterprises and institutions and practices involved in it. She is eager to share her rounded perspective honed from the biggest media analysis companies on the Balkans.

Related News

Hot Stories

Seth Green loses his 4 NFTs in a Phishing scam; begs not to buy them.
Bitcoin, Ethereum, Shiba Inu, and FTX Token Daily Price Analyses – 19 May Roundup
Mike Novogratz preaches humility in investments and keeps his LUNA tattoo 
Ripple price analysis: XRP/USD set to break higher in the next 24 hours
Dogecoin price analysis: DOGE/USD set to break above the daily resistance

Follow Us

Industry News

Gabe Plotkin's hedge fund Melvin Capital shut its doors this week
CFTC indicts 2 men for running a $44M crypto Ponzi scheme
Goldman Sachs: crypto crash has little effect on the US economy
Commonwealth bank halts crypto pilot program
Mike Novogratz preaches humility in investments and keeps his LUNA tattoo