“Cross the Ages” (CTA), a free-to-play game featuring digital trading cards as non-fungible tokens (NFTs), disclosed that it has secured $3.5 million in equity funding from investors, led by game-focused crypto investment firm Animoca Brands. This funding will be allocated towards development, talent retention, and go-to-market strategies.
The investment round also included contributions from notable investors like Sebastien Borget of The Sandbox and Nicolas Jeuffrain of Tenergie. Coupled with previous investments and community fundraising efforts, CTA has amassed a total of $23.5 million.
Blockchain gaming is rapidly gaining traction within the crypto industry, seen as a catalyst for attracting a broader user base. “Cross the Ages” stands out as a mobile-first collectible card game set in a dystopian future, drawing inspiration from a series of freely accessible novels. Players can engage in solo or team-based competitions to win NFTs and even convert their digital cards into physical copies.
The timing of the recent funding aligns with the ecosystem’s Token Generation Event (TGE), with several exchanges slated to list the CTA token, including Bybit, KuCoin, GATE, and MEXC.
Since its launch in March 2023, CROSS THE AGES claims to have garnered over 400,000 downloads and boasts 148,000 monthly active users.
CEO and Co-founder Sami Chlagou expressed excitement about Animoca Brands’ lead investment, highlighting their shared commitment to expanding CTA’s gaming universe across various ecosystems and partners. Chlagou, who also owns game producer Pixel Heart, brings a wealth of experience in the gaming industry.
Yat Siu, executive chairman and co-founder of Animoca Brands, emphasized the significance of blockchain gaming in democratizing digital ownership. He praised CTA for embodying the values of this movement and offering users immersive experiences grounded in personal ownership.
Launched in 2020, CROSS THE AGES utilizes blockchain technology to fuse futuristic fantasy with a compelling sci-fi narrative. The CTA universe embraces both free-to-play and play-to-earn models, integrating various forms of media such as books, comics, gaming, esports, animation, and collectibles. Additionally, CTA promotes a gaming investment model aimed at facilitating the transition to renewable energy in the real world.
Source: investing.com
