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Home DeFi NFT

Nexus Interactive Secures $2M in Oversubscribed Seed Funding with Key Investors Including Animoca Brands & Jump Crypto

NFTevening by NFTevening
August 20, 2024
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Nexus Interactive Secures M in Oversubscribed Seed Funding with Key Investors Including Animoca Brands & Jump Crypto
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In the rapidly evolving sphere of gaming, a unique entity like Nexus Interactive stands out, not just for hitting impressive milestones like crafting two marquee games and IPs, sailing past the 1 million games-played mark, and nearly touching $2 million in revenue, but also for boldly advancing with a fresh influx of $2M USD from an oversubscribed seed funding round. This significant capital injection spearheaded by industry giants such as Animoca Brands, Jump Crypto, Maven Capital, and a slew of others including GameFi ventures, Sky Vision Capital, Aquanow, and OIG (Oracles Investment Group), among many, underscores the groundbreaking potential seen in Nexus Interactive.

The magic behind Nexus Interactive’s burgeoning success is its ingenious infrastructure composed of three foundational elements: Nexus Play, an in-house development studio; Nexus Build, a Web3 publisher that curates, accelerates, and launches games developed within the Nexus ecosystem; and Nexus Share, which leverages AI to power user-generated content and community growth, boasting over 100,000 community members. This multifaceted approach has not only seen the creation of Everdawn, a leading title in the Web3 gaming domain, but also the roadmap includes further expansion with the development of other unique game titles and publishing IPs crafted by partnered developers and studios.

Nexus’ unique value proposition lies in an infrastructure that consists of three components

Adopting a synergistic blend of roles and responsibilities from varied stakeholders involved in game creation and deployment, Nexus Interactive prides itself on an internally cultivated revenue exceeding $1.8M and a thriving community of 100,000+ members. Its leading title, Everdawn Champions, experienced a warm reception as the top-played game on Elixir during its closed beta phase. Anticipation for the open beta launch in September 2024 is peaking with gamers eagerly awaiting their turn.

The advantage approach used by Nexus Interactive it says combines different elements from various stakeholders involved in creation to deploying games, all in-house.

Founder Liam Bacon heralds_this new era with profound optimism, highlighting the grim reality many developers face when navigating the tumultuous waters of bringing a game to market. With traditional gaming institutions setting high barriers, Nexus Interactive shines as a beacon, offering an unparalleled platform for studios and developers to launch their games within the Web3 space with success. Having charted this course personally over the last three years, Bacon affirms the immense value Nexus brings to the table for like-minded builders and creators.

Integral to driving all this symbiotic growth and accrued benefits back into its ecosystem is the NXI Token. Nexus Interactive eyes a future where this token not only serves as a utility and governance symbol across its own IPs, including Everdawn Champions and all published titles, but also powers AI-enabled user-generated content, stirring up demand for the NXI Token. CEO Liam Bacon foreshadows that these strides will manifest real demand and application for the NXI Token.

In a supportive nod, Yat Siu, co-founder and executive chairman of Animoca Brands, commends Nexus Interactive’s advancements, envisioning a robust ecosystem fostering users, builders, and creators. His endorsement echoes a strong belief in the potential for Nexus Interactive to amplify network effects across the broader network, eagerly anticipating the transformative impact it will wield on the Web3 gaming landscape.

Armed with a wealth of experience in creating titans such as Splinterlands and Gods Unchained, Nexus Interactive’s team is not slowing down. With plans for multiple IP partnerships with reputable brands and an awaited token launch, the horizon looks promising.

About Nexus Interactive

Boasting a rich tapestry of innovation, Nexus Interactive envisions a cohesive ecosystem that amalgamates users, builders, and creators in the pursuit of shared prosperity and revolutionary gaming and digital entertainment experiences. At its core, this ecosystem thrives on three pillars: Nexus Play, pioneering in the creation of virtual worlds; Nexus Build, empowering developers with a robust Web3 publishing platform; and Nexus Share, fueling AI-driven user-generated content alongside community engagement programs. Anchored by the NXI ecosystem token, Nexus Interactive is a testament to a vision where value, attention, and liquidity converge in a singular, expansive ecosystem.

For more enthralling content and updates in the realm of decentralized finance and gaming, turn your browsers to DeFi Daily News. Stay ahead with insights and stories that matter in the fast-paced world of DeFi and gaming innovations.

About Nexus Interactive

In synopsizing the tale of Nexus Interactive, it’s a narrative rich with ambition, strategic advancements, and a vision poised to redefine gaming boundaries. Their notable accomplishments, underscored by the successful seed funding round and the innovative pillars forming the backbone of their ecosystem, signal an emergence of a new titan in the gaming domain. With the Nexus Interactive journey heroically unfolding, the realms of gaming and digital entertainment are on the cusp of a thrilling evolution. The full measure of their potential, powered by their ecosystem and the NXI Token, sets the stage for an exhilarating chapter ahead. Amongst the digital landscapes they are crafting and the communities they are nurturing lies the essence of what makes Nexus Interactive a beacon of innovation and an intriguing protagonist in the ongoing saga of digital gaming’s future.



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