Galaxy Fight Club bags $7M for first-ever Cross-IP PvP

Galaxy Fight Club

Galaxy Fight Club, a Polygon-based cross-IP MOBA game, secured seed and private sale for $7 million, led by Animoca Brands, Sequoia Capital, and Skyvision Capital. The goal of Galaxy Fight Club is to create a genuinely open environment with interoperability of digital objects, where the players own their IP rather than the firm.

Players will be able to log on and battle with the NFTs they own, such as a Bored Ape or a Cryptoadz, on this cross-IP game platform, allowing different IPs from different collections to engage meaningfully.

Most of the P2E games are turn-based and not very pleasurable at present, but Galaxy Fight Club is designed in such a way that one can play first and then play to earn second.

Through their Genesis Galaxy Fighter NFTs, Galaxy Fight Club has dedicated 40% of their total token supply to their community, a large chunk even for P2E games.

On February 2, the crypto market fell into the red once more as global financial markets remained volatile. BTC was struck by a wave of selling that dropped the price below $36,800 after spending the morning hovering around $38,200.

The total cryptocurrency market capitalization is currently $1.729 trillion, with Bitcoin commanding 41.1 percent of the market.

80,000 ETH was stolen from the Wormhole network. The estimated value of the ETH in USD is $216 million.

The Wormhole network team has yet to respond to users on whether or not their stolen funds would be refunded.

The Wormhole network team has yet to respond to users on whether or not their stolen funds would be refunded.

Animal Concerts is a cutting-edge entertainment platform that combines blockchain technology, cryptocurrency, virtual reality, and Non-Fungible Tokens (NFTs).

The initiative extends beyond simply providing a platform for recording artists to perform concerts. It enables completely new income generation strategies and a better viewing experience.

The platform also has a lot of money and alliances behind it. They just raised $800,000 in token sales across five decentralized launchpads after closing a $6.75 million private financing.

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