ZTX Raises $13M for Web3 Revolution - Unlocking ZEPETO's Potential

ZTX Raises $13M for Web3 Revolution - Unlocking ZEPETO's Potential

Play-To-Earn Games News, P2E Games News | 26 Apr 2024 19:31 UTC

Jump Crypto's funding catapults ZTX's Web3 impact, utilizing ZEPETO's reach. $13M raised for innovative 3D environments.

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ZTX, a Web3 virtual world, and creator framework, has strengthened its reputation gradually in the cryptocurrency market. The startup was able to raise $13 million in seed funding. Jump Crypto was the driving force behind this massive inflow of capital. ZTX is ready to put its substantial user and partnership network into action to accelerate Web3's global adoption. The platform is working to release its Genesis Home Mint, which will feature four thousand individual 3D District Homes.

ZTX Secures $13 Million in Recent Funding Round

Notable investors such as Collab+Currency, Parataxis, MZ Web3 Fund, and Everest Ventures Group took part to make this round a success. ZTX has uplifted its expertise in the digital world. It managed to capitalize on the potential of its long-running Web 2.0 company, ZEPETO, which has grabbed 400 million lifetime users incredibly. ZEPETO is the fourth largest metaverse platform after Roblox, Fortnite, and Minecraft.

Its extensive list of collaborators includes both well-known fashion houses like Gucci and music superstars like K-Pop's BLACKPINK. These properties grant its owners access to exclusive ZTX content, such as drops, events, and membership in one of four districts (Arts, Finance, Fashion, Games).

The question is, what exactly is their long-term goal? The ZTX team intends to utilize its substantial user base and collaborations to accelerate the adoption of web3 technology around the world. Experienced professionals from companies like Apple and Roblox, and even Web3 ecosystems like Cosmos and Solana, make up their team. 

Chris Jang, co-CEO of ZTX, expressed his enthusiasm, saying, "We're thrilled to share news about our fundraising round. With our token launch coming up in a few months, we want to highlight the dedication that our investors and team have toward our aim to provide an infrastructure layer to creators, which we have been quietly developing for over a year.

According to Yuki Kanayama, General Partner of MZ Web3 Fund, "We feel that ZTX can create a unique world. Web3 allows for the seamless creation and trade of digital assets in the metaverse, which is quite exciting. We have great faith in the ZTX team because of their extensive knowledge of the metaverse and Web3.

ZEPETO: Asia’s Largest Web2 Platform

The mobile-first platform Zepeto has a valuation of over one billion dollars. It has been recognized as Asia's largest "Web2" metaverse community by active user statistics. It is also ranked as the fourth-largest metaverse platform worldwide, after the prominent video game platforms Roblox, Fortnite, and Minecraft. Additionally, Zepeto plans to capitalize on its achievements by expanding into the world of NFTs. It will further make the platform more competitive with other metaverse platforms and games such as The Sandbox, Decentraland, and Otherside, all of which have provided users with access to virtual land.

Jump Crypto, the most prominent investor in the seed round. The platform was also the driving force behind the seed fundraising of $5 million in the Chinese Bitcoin wallet Xverse. Additionally, it has made investments in the financial technology company FOMO Pay as well as the decentralized exchange AscendEX.

Stephen McKeon, a partner at Collab+Currency, had a perspective very similar to what was just stated. He said, "As a cryptocurrency-focused venture fund, we back visionary teams who are using decentralized technology to shape the next wave of consumer products." We are ecstatic to be a part of this round. It will allow us to support ZTX's remarkable team and the outstanding advantages they possess. With its creator-focused tooling, ZTX can provide a separate infrastructure layer for a variety of NFT projects and Web3 builders. We are excited to assist ZTX in achieving its ambitious aim and look forward to doing so.

About ZTX

ZTX was founded back to the year 2022 when Jump Crypto and ZEPETO came up with the idea. ZTX has always been an industry leader in cutting-edge technology.

The company announced the first Playtest, a beta test for its upcoming 3D open-world platform, just last month. They showcased their commitment by launching the ZTX Partner Wearables program in collaboration with Dust Labs.

Wrapping Up

With this massive funding support and extensive collaboration, ZTX is all set to accomplish its goal of improving the web3 infrastructure and moving toward the creation of unique 3D environments. This noble funding will open doors for endless opportunities and will allow the platform to benefit from its substantial consumer base. Undoubtedly, it wouldn’t have been possible without the extended support from the gaming community and dedication to broadening the web3 gaming industry. 

ZTX Raises $13M for Web3 Revolution - Unlocking ZEPETO's Potential Jump Crypto's funding catapults ZTX's Web3 impact, utilizing ZEPETO's reach. $13M raised for innovative 3D environments. Jump Crypto gave ZTX, a Web3 virtual world and creator framework, a lot of money, which let it explore new areas in the Web3 world and use the potential of ZEPETO. ZTX has raised $13 million in seed funding, which was led by Jump Crypto. With its strong network of users and partnerships, ZTX is ready to speed up the adoption of Web3 around the world. A lot of people are looking forward to ZTX's upcoming Genesis Home Mint, which will have 4,000 3D District Homes. ZTX is backed by big investors like Collab+Currency and Everest Ventures Group, and its ties to ZEPETO, which has 400 million users, show its potential in the metaverse landscape. The team of industry experts at ZTX is committed to shaping the future of Web3.
ZTX Raises $13M for Web3 Revolution - Unlocking ZEPETO's Potential Jump Crypto's funding catapults ZTX's Web3 impact, utilizing ZEPETO's reach. $13M raised for innovative 3D environments. Jump Crypto gave ZTX, a Web3 virtual world and creator framework, a lot of money, which let it explore new areas in the Web3 world and use the potential of ZEPETO. ZTX has raised $13 million in seed funding, which was led by Jump Crypto. With its strong network of users and partnerships, ZTX is ready to speed up the adoption of Web3 around the world. A lot of people are looking forward to ZTX's upcoming Genesis Home Mint, which will have 4,000 3D District Homes. ZTX is backed by big investors like Collab+Currency and Everest Ventures Group, and its ties to ZEPETO, which has 400 million users, show its potential in the metaverse landscape. The team of industry experts at ZTX is committed to shaping the future of Web3.

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Blockonaire - Game Review

Blockonaire - Game Review

Blockonaire is a Solana blockchain-based game that allows players to try their hand at investing in cryptocurrency. The game is developed by Diamond Hand and offers a unique gaming experience for players who are interested in learning about the world of cryptocurrency investment. In Blockonaire, players can buy and sell virtual assets and track their performance in real-time, just like in the real world. The goal of the game is to become a successful crypto investor and earn virtual rewards as you progress through the game. With its innovative approach to gaming and cryptocurrency, Blockonaire is a must-try for anyone interested in this exciting new field. Blockonaire is a unique gaming experience that combines the excitement of playing with the opportunity to invest in cryptocurrency. Developed by Diamond Hand and Diamond Studio, two experienced teams in the world of Web3 applications, Blockonaire uses the Solana blockchain to allow players to earn, play, and trade NFTs. The game puts players in the role of a crypto investor, challenging them to explore investment opportunities and make strategic decisions to earn DHD coins. In addition to earning and trading NFTs, players can also use them in-game for extra bonuses and rewards. Diamond Hand Blockonaire Concept: Blockonaire is a unique gaming experience that allows players to simulate the role of a cryptocurrency investor. Developed by Diamond Hand and Diamond Studio, both experienced in creating Web3 applications, Blockonaire allows players to earn, play, and trade NFTs while also learning about the ins and outs of investing in crypto. Through the game, players can explore different investment opportunities and make decisions that will earn them DHD coins. In addition to using NFTs in-game for bonuses, players can also trade them with others. By immersing themselves in the world of crypto investing, players can gain valuable knowledge and skills that they can use in real life

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Nitro Nation World Tour - Game Review

Nitro Nation World Tour - Game Review

"Nitro Nation World Tour" is a highly anticipated game that is being developed by Mythical Games and Creative Mobile. The game is expected to be based on blockchain technology, which will allow it to offer unique gameplay features and mechanics that are not possible in traditional games. It is likely to be of interest to players who are interested in the intersection of gaming and blockchain technology, and are looking for a new and innovative gaming experience. "Nitro Nation World Tour" is a racing game that allows players to upgrade their cars and compete against opponents from around the world. The unique feature of the game is that the winner gets to keep the loser's car, adding an extra layer of excitement and competitiveness to the gameplay. The game is currently in development and is set to launch in 2023 on mobile devices. It is likely to appeal to players who enjoy racing games and are looking for a new and exciting gaming experience. "Nitro Nation World Tour" is expected to be a high-intensity racing game that will keep players on the edge of their seats. The game features licensed NFT cars from top brands, and players will have the opportunity to win hundreds of these cars as they race across the globe. One of the unique features of the game is that there is no limit on car ownership, so players can collect as many NFT cars as they are able to win. This is likely to appeal to players who enjoy collecting and building up their in-game assets, and who want to compete with other players to see who can collect the most valuable or rare cars. Nitro Nation World Tour Gameplay: In Nitro Nation World Tour, the gameplay is straightforward and involves pressing a single button to control the car. While the gameplay may seem simple at first, it can quickly become addictive as players strive to become the fastest on the track. Progress in the game is slow, with players earning small increments and ranking up over time. The game can be time-consuming, as players will need to put in significant time to earn a stable income from it. The game uses a gear-changing mechanic, in which players do not need to steer their car and can simply focus on keeping the revs in the green zone and maintaining their speed until the end of the race. Players have access to a NOS boost, which can be used once per sprint. Aside from these elements, there is not much depth to the gameplay.

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Rune Seeker - Game Review

Rune Seeker - Game Review

"Rune Seeker" is a modern strategy card game that combines elements of turn-based strategy with blockchain technology. It is set in the enchanting realm of Norse Mythology and is scheduled to be launched on the Avalanche blockchain. This choice of blockchain ensures speed, scalability, and the ability to accommodate a large number of concurrent users. The game has received support from Ava Labs, emphasizing its goal of bringing true ownership to the world of card gaming. The game's lore is set in the Age of Origin, where ancient gods shaped the world, but conflicts among their creations led to chaos. To restore balance, new races emerged, and the game's storyline revolves around the struggle to prevent a cataclysmic war caused by the god Nul and the discovery of powerful runestones called "The Fallen Runes." In terms of gameplay, "Rune Seeker" introduces dynamic elements like terrain and runes, which offer various strategic possibilities. Each match begins with commanders deploying three units on random map-generated tiles. Units are affected by their elemental surroundings, aligning with Earth, Water, Fire, and Air principles. The game consists of 3-4 rounds, each with Command and Action phases. Commanders strategically position champions and use runes to direct units and manipulate terrain. The Action Phase involves executing actions such as attack, defense, transformation, fusion, or summoning. Victory is achieved by eliminating all enemy units or depleting runes. Matches may accelerate after three rounds, triggering the "Land of Chaos." Mastery of the game's intricacies is crucial for success. Players can engage in real-time PvP combat in the Battle Arena, embark on PvE adventures in dungeons to uncover the game's lore, and participate in special campaigns and side quests. Regarding tokenomics, the game adopts a non-inflationary model. Players do not earn tokens through a Free-to-Play model, preventing token saturation as new players join. Token generation during vesting is also absent, with 45% of the total $RUNES supply gradually entering the market over the initial 1.5 years, including contributions from initial investors and a liquidity pool. Seed Investors have access to a specialized staking program, adding incentives for long-term holders. The community response to "Rune Seeker" has been mixed, with some players expressing their enjoyment of the game, while others criticize aspects such as character design. However, the game's Norse mythology stories have garnered positive feedback.

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Alpha League Racing: NFT Thrills and Play-to-Earn Excitement - Game Review

Alpha League Racing: NFT Thrills and Play-to-Earn Excitement - Game Review

Alpha League Racing is a straightforward game that allows players to earn rewards by racing their NFT cars in events, tournaments, and online friendlies. To get started, players simply need to acquire an NFT car and then participate in races to earn rewards. Players can purchase their ALR vehicles from platforms such as open.sea or directly from the Alpha League Racing website. Each vehicle costs only 0.25 SOL, but as the game becomes more popular, it is likely that the price will increase. Once you have your ALR vehicle, you can participate in races and earn rewards. One of the benefits of buying NFT vehicles in Alpha League Racing is that they can be upgraded and customized. Players can alter the appearance of their vehicles and use them across different blockchains, which means that ownership of these NFTs extends beyond the game itself and into the wider blockchain ecosystem. This adds an extra layer of value and ownership to the NFT vehicles. Alpha League Racing Gameplay: Alpha League Racing has an arcade-like feel to it, with vibrant colors and imaginative maps. Players can try out the demo for free to get a feel for the game, which includes a few playable NFT cars and tracks. The demo allows players to participate in a fast and friendly racing session to get a taste of the overall experience. Even if you only try out the demo, you'll get a sense of the excitement and fun that the full game has to offer. While Alpha League Racing has an arcade-style feel, it also has realistic handling mechanics that add a level of authenticity to the gameplay. As the game continues to grow in popularity, it is likely that it will continue to improve and evolve, offering players an even better racing experience.

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Tales of Elleria - Game Review

Tales of Elleria - Game Review

"Tales of Elleria" (TELL) is a 3D GameFi (Game Finance) RPG that exists within the Arbitrum One ecosystem. It offers an immersive role-playing experience, allowing players to summon heroes, undertake missions, go on quests, and explore uncharted territories. The game is set in the world of Elleria, which was once a thriving land but was devastated by a colossal dragon named Ignacio. However, the Goddess of Elleria, Elysis, intervened and subdued Ignacio, leaving behind a prophecy. Players take on the role of citizens of Elleria who can summon heroes and use Ellerium, a valuable resource, to defend the city from impending monster threats and fulfill the prophecy. Gameplay in "Tales of Elleria" involves heroes embarking on missions to earn Medals, which enhance heroes, enable quests, and improve equipment. Players must battle formidable monsters to collect resources and rewards. The ultimate goal is to unite with other players and vanquish Ignacio, who resides in an uncharted lair. Summoning heroes is a crucial process that involves integrating them into the player's MetaMask wallet and binding their souls to bring them into the game. The game features 10,000 Genesis heroes with different classes (Warrior, Assassin, Mage, Ranger) and rarity levels. Heroes can be equipped with gear and possess unique skills, which add complexity and diversity to combat. Traits, though currently preset, affect hero behavior during quests. Quests are essential for progression, yielding Elm, Medals, and NFTs (Non-Fungible Tokens). The in-game economy of Elleria relies on various tokens and NFTs, including Heroes, Equipment, Drops/Relics, $ELLERIUM (ELM) as the primary currency representing the Goddess's blessing, and $MEDALS as a supplementary token for daily transactions within the City. The community response to "Tales of Elleria" has been positive, with players expressing excitement and anticipation for the game's release. Some have been following the game's development since the beginning and have shown strong support. In summary, "Tales of Elleria" is a GameFi RPG set in the Arbitrum One ecosystem, offering players the chance to explore the world of Elleria, summon heroes, and engage in epic quests to protect the city from looming threats. The game's tokenomics and unique gameplay elements have garnered interest and support from the gaming community.

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Anichess - Play to Earn Blockchain Chess Game - Review

Anichess - Play to Earn Blockchain Chess Game - Review

"Anichess" is a chess-themed strategy game that combines the excitement of gameplay with the innovative technology of blockchain. Players can earn rewards as they strategize, attack, and conquer their opponents. This game is designed to provide a unique, play-to-earn gaming experience. Anichess is an upcoming chess-themed strategy game developed by Animoca Brands, Lympo, and Play Magnus Group. Despite being in development and not yet having any gameplay visuals available to the public, the game is highly anticipated due to the excellent credentials of its developers. As a blockchain-based game with non-fungible tokens (NFTs), Anichess has the potential to attract a larger community to the traditionally niche world of chess. Players can look forward to a unique and exciting gaming experience when Anichess is released. Anichess Review: Anichess is an exciting new chess-themed strategy game that combines the classic gameplay of chess with the innovative technology of blockchain. Developed by Animoca Brands, Lympo, and Play Magnus Group (PMG), this game is sure to be a hit with players of all skill levels. PMG, the chess industry leader and partner of Anichess, was founded by Magnus Carlsen, a Norwegian chess grandmaster and the current five-time World Chess Champion. Carlsen won his first world title in 2013 and founded PMG shortly thereafter. He has been a dominant force in the world of chess for many years, and his involvement in the development of Anichess is a testament to the game's potential for success. As of now, there are no visuals of the gameplay available to the public, as the game is still in development. However, given the impressive credentials of the game's developers and the unique play-to-earn gaming experience it aims to provide, Anichess is definitely a game to keep an eye on. Whether you are an experienced chess player or new to the game, Anichess is sure to offer a fun and challenging experience for all. Play Magnus Group (PMG) is a leading company in the world of chess, offering a variety of entertainment and e-learning options through its major market brands. Some of these brands include Chess24, Chessable, iChess, New in Chess, Everyman Chess, Silver Knights, Aimchess, the Play Magnus app suite, and the Meltwater Champions Chess Tour. These brands offer a wide range of products and services related to chess, making PMG a comprehensive resource for players of all skill levels. Whether you are looking to improve your chess skills, learn more about the game, or simply enjoy some chess-themed entertainment, PMG has something to offer.

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Nova Battles - NFT Multiplayer Shooter - Game Review

Nova Battles - NFT Multiplayer Shooter - Game Review

Nova Battles is a multiplayer online shooter game that can be played for fun with friends or as a way to earn rewards. Whether you are just looking to have a good time or want to put your skills to the test in a more competitive setting, Nova Battles has something to offer players of all types. To play Nova Battles, players must first select a Champion, which is an avatar represented by a non-fungible token (NFT). There are many different Champions to choose from, and all of them are free to use. Once a Champion has been selected, players can participate in any game mode and on any map, competing against other players for the chance to emerge victorious. The Champions in Nova Battles are unique and powerful characters, each with their own distinct characteristics and abilities. These abilities can be used to support the primary Champion in battle, making the Champions well-suited to different roles and playstyles. Players can choose to engage in either PVE (player versus environment) or PVP (player versus player) combat, depending on their preferences. This adds an element of variety and replayability to the game, as players can mix and match Champions and game modes to create a wide range of different gaming experiences. After each battle in Nova Battles, players are rewarded with Battle Rewards for their actions and contributions. These rewards can take the form of in-game currency, experience points, and other valuable items. The Nova Battles ecosystem is largely driven by Nova Soul, an energy resource that players use while engaged in combat. Nova Soul can be purchased through various channels, including the Marketplace, and is often made available through sales and other special offers. Nova Souls can be obtained in a variety of ways in Nova Battles. Players can purchase them outright from the Marketplace, or they can rent or lease them for a shorter period of time. It is also possible to craft Nova Souls using certain items that can be obtained through gameplay or by trading with other players. This allows players to customize their use of Nova Souls and choose the option that best suits their needs and playstyle.

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Striker Manager 3 - Game Review

Striker Manager 3 - Game Review

Enjoy the Nextgen of football manager video games, where the passion for football meets the innovation of web3 technology. Striker Manager 3 is a unique football manager game that offers players a whole new level of gaming experience. The game is designed as a Play to Earn multiplayer game that provides users with the chance to earn rewards while enjoying the fun of traditional online football games. In Striker Manager 3, players own their in-game NFTs assets, which they can trade and evolve for greater rewards. However, as the owner of your assets, you get to take possession of your plot of land in the game's world, where you can build and customize your club, team, and facilities to your liking.

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Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
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