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Cryptocurrency News Articles

CROSS THE AGES Secures $3.5 Million to Elevate Multimedia Gaming Ecosystem

May 15, 2024 at 09:07 pm

CROSS THE AGES (CTA), an innovative multimedia gaming platform, has secured $3.5 million in funding led by Animoca Brands. This investment augments CTA's $20 million raised earlier from industry giants like Ubisoft, solidifying its position as a leader in blockchain gaming. With a unique "transmedia strategy" encompassing books, comics, and virtual trading card games, CTA has captivated gamers and established a loyal user base. The funding will accelerate CTA's growth, expand its universe, and drive the adoption of blockchain technology in gaming.

CROSS THE AGES Secures $3.5 Million to Elevate Multimedia Gaming Ecosystem

CROSS THE AGES (CTA): A Pioneering Multimedia Gaming Ecosystem Secures $3.5 Million Funding Round

Singapore, May 16, 2024 – CROSS THE AGES (CTA), a trailblazing multimedia gaming ecosystem that seamlessly integrates blockchain technology into gaming, has announced a successful $3.5 million equity funding round led by Animoca Brands. This latest investment builds upon the studio's previous $20 million fundraising, which included notable contributions from industry giants such as Ubisoft.

CROSS THE AGES has garnered widespread recognition for its innovative approach to gaming, enhancing digital ownership and fostering unparalleled user engagement through the strategic utilization of blockchain technology. The studio's immersive game captivates players with its captivating blend of futuristic fantasy and sci-fi elements, propelled by a transmedia strategy that encompasses books, comics, and virtual trading card games.

This latest funding round represents more than just a financial injection; it signifies a strategic enhancement to the CROSS THE AGES ecosystem. The participation of esteemed figures such as Sebastien Borget of The Sandbox and Nicolas Jeuffrain of Tenergi underscores the confidence in CTA's visionary direction. The newly acquired funds will accelerate the studio's growth initiatives, particularly in expanding its captivating universe and introducing more groundbreaking gaming experiences.

Since its triumphant debut in March 2023, the CTA game has achieved remarkable milestones, showcasing its exceptional gameplay and magnetic appeal:

  • Over 450,000 downloads: A testament to the game's widespread adoption across gaming platforms.
  • Ranking as the top game on the Apple Store for 20 consecutive weeks: A resounding endorsement of CTA's quality and popularity among players.
  • More than 3.8 million NFTs minted and 35 million digital cards sold: Demonstrating the flourishing in-game economy and the avid engagement of the player base.

The game's enduring appeal is further evidenced by its thriving active user base, with over 20,000 daily and 152,000 monthly users immersing themselves in the captivating gameplay. Additionally, the secondary market for CTA has witnessed over 29 million in sales and 350,000 trades, highlighting the robust demand for its in-game assets.

As part of its strategic roadmap, CROSS THE AGES is poised to launch its Token Generation Event (TGE), with the game's tokens scheduled to be listed on major cryptocurrency exchanges like Bybit, KuCoin, gate.io, and MEXC. This move will further integrate CTA into the broader crypto ecosystem, providing players and investors with a new avenue to participate in the platform's success.

"We are thrilled to welcome Animoca Brands as the lead investor in our first equity round," said Sami Chlagou, CEO and Co-founder of CROSS THE AGES. "This collaboration signifies a shared commitment and a resounding vote of confidence for CTA's gaming universe to expand among Animoca Brands' ecosystems and partners."

CROSS THE AGES is poised to redefine the boundaries of gaming and blockchain integration, pioneering a new era where virtual and real-world experiences converge. With its proven success, strategic funding, and unwavering commitment to innovation, CTA is set to revolutionize the gaming landscape, empowering players with unprecedented experiences in digital ownership and captivating gameplay.

Original source:cross the ages secures $3

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