Nine Chronicles Receives Investment from Binance Labs

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Binance Labs, the enterprise capital arm of the digital trade, Binance, introduced an funding in open-sourced sport Nine Chronicles immediately. The strategic funding will assist the corporate within the enlargement of its workforce.

Launched in October 2020, the Nine Chronicles Network has witnessed a leap in its recognition throughout the previous few months. According to the small print shared by the corporate, over 10 million NCG Tokens have been distributed to gamers via its play-to-earn economic system.

The newest announcement from Binance Labs got here virtually three weeks after the corporate led the $60 million funding spherical of Multichain. The enterprise capital and innovation incubator of Binance additionally invested virtually $12 million in WOO Network in the course of the first week of January 2022.

Chase Guo, the Investment Director of Binance Labs, stated: “Sharing the same vision of increasing crypto adoption globally, Binance Labs and Nine Chronicles have formed a long-term partnership through the investment. We believe that the team’s deep gaming expertise and the game’s sophisticated graphics will bring them great success in the blockchain gaming space.”

Related content material

Crypto and Gaming

During the final 12 months, a number of main gaming firms all over the world have launched crypto tokens to facilitate their communities. With the rising recognition of the Metaverse, open-sourced and decentralized video games are taking the middle stage within the development of the worldwide crypto and blockchain ecosystem.

“Since 2018, our team has been dedicated to giving the ownership of online gaming back to the community,” stated Kijun Seo and JC Kim, the Co-CEOs of Planetarium. “We plan to take Nine Chronicles mainstream this year by adding new competitive and collaborative features for players and guilds, launching the game on mobile, upgrading our decentralized network infrastructure, and enabling our passionate community of creators. We believe that we can bring decentralized, open-source gaming to the masses through the new partnership with Binance Labs.”

Binance Labs, the enterprise capital arm of the digital trade, Binance, introduced an funding in open-sourced sport Nine Chronicles immediately. The strategic funding will assist the corporate within the enlargement of its workforce.

Launched in October 2020, the Nine Chronicles Network has witnessed a leap in its recognition throughout the previous few months. According to the small print shared by the corporate, over 10 million NCG Tokens have been distributed to gamers via its play-to-earn economic system.

The newest announcement from Binance Labs got here virtually three weeks after the corporate led the $60 million funding spherical of Multichain. The enterprise capital and innovation incubator of Binance additionally invested virtually $12 million in WOO Network in the course of the first week of January 2022.

Chase Guo, the Investment Director of Binance Labs, stated: “Sharing the same vision of increasing crypto adoption globally, Binance Labs and Nine Chronicles have formed a long-term partnership through the investment. We believe that the team’s deep gaming expertise and the game’s sophisticated graphics will bring them great success in the blockchain gaming space.”

Related content material

Crypto and Gaming

During the final 12 months, a number of main gaming firms all over the world have launched crypto tokens to facilitate their communities. With the rising recognition of the Metaverse, open-sourced and decentralized video games are taking the middle stage within the development of the worldwide crypto and blockchain ecosystem.

“Since 2018, our team has been dedicated to giving the ownership of online gaming back to the community,” stated Kijun Seo and JC Kim, the Co-CEOs of Planetarium. “We plan to take Nine Chronicles mainstream this year by adding new competitive and collaborative features for players and guilds, launching the game on mobile, upgrading our decentralized network infrastructure, and enabling our passionate community of creators. We believe that we can bring decentralized, open-source gaming to the masses through the new partnership with Binance Labs.”

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