God-Mode – Hashed Leads Apeiron NFT Game Funding Round

South Korean blockchain investment firm Hashed, which has emerged as one of the biggest backers of Web3 with more than $320 million in investments in the last year alone, has now also become a major backer of the Apeiron project, arguably the most exciting new blockchain game in the world. Market.

Foonie Magus, the development studio behind the game, has now raised more than $17 million in venture capital for the Apeiron blockchain, which is based on both Non-Fungal Tokens (NFT) and Play-To-Earn (P2E). Even before the actual initial investments, the project was able to raise $3 million, which was later followed by revenue of $10 million and $4.5 million through the sale of NFTs, bringing the total to an estimated $17 total. 5 million.

Hashed is a team of blockchain experts based in Seoul and Silicon Valley. The company has quickly become one of the leading blockchain investment firms in Asia, and now operates a $200 million investment fund with a special focus on projects with high growth potential. Based in South Korea, the investment firm is primarily open to new technologies, which is why it sees Web3 as an opportunity to “herald a new future where technology advances people and not the other way around.” Already in 2016, Hashed invested in two now successful NFT projects Axie Infinity and The Sandbox.

In addition to Hashed, Apeiron is also backed by funders such as DeFiance Capital, Morningstar Ventures, Spartan Group and DeFi Capital. Game unions GuildFi, Yield Guild Games Southeast Asia, Avocado DAO, Ancient8 and Snack Club have joined forces once again as collaboration partners. All business partners were selected based on their strategic added value and their long-term vision for Web3.

Apeiron is the first NFT game in which players are in God mode. Players take on the role of a so-called Godling – a newborn god – and must use their power to punish or help the Doods that inhabit the Apeiron Godiverse. Additionally, the games can control avatars of massive items that compete head-to-head in real-time map-based battles.

P2E Apeiron has a unique token trio system in which players can purchase NFTs depicting planets, stars, and powerful relics. Playing in turn can earn tokens, which in turn can be traded in the game market for real cryptocurrencies.

Frank Cheng, CEO of Foonie Magus and founder of Apeiron explains: “We’ve been working on this project for six years now, and our team consists of 28 developers who have poured blood, sweat and tears into the game for over five years. It’s stuck. Now all the hard work is paying off and becoming The dream is slowly becoming reality. We are glad to have partners who share our crazy vision. The gaming industry can look forward to something big that will be a great experience for everyone and one we can all be a part of.”

With the end of the initial funding round, Apeiron is now moving to a private and community-controlled funding round, after which the introductory token for the blockchain is set to go on sale at the end of May. Foonie Magus wants to earn at least $10.7 million from these three rounds so the game can finally start in the last quarter of this year at the latest. In addition, Apeiron Planet NFTs are already available on the OpenSea mass market, with a minimum bid of 0.15 Ether (ETH).

About Apiron

Apeiron is the first P2E game based on NFT and talking about gods. The unique card-based combat system is combined with a simulation game related to God in classic style such as Populous and Black & White. Players can first create entire planets from a bird’s eye view or pose a god before descending on them in the form of their avatar to explore their world. Development can be pushed to an end point followed by Armageddon, allowing further progress on the one hand and adding excitement on the other. Players can either play group vs. environment and cooperate, or compete against each other in group vs. group.

Apeiron is based on a three-symbol structure. This means that the ecosystem consists of three separate tokens that govern the ecosystem, namely: a governance token, a P2E token, and a team token to earn.

You can find Apeiron here:

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