Elixir Games Scores $14 Million to Revolutionize Decentralized Gaming

Elixir Games, a decentralized gaming hub, has secured $14 million in seed funding to bolster its ecosystem. With Square Enix, Solana Foundation, and Shima Capital as investors, Elixir aims to expand its user base and launch the ELIX token, powering its products and services. The funding will also enable the launch of a Launchpad & Incubation Program for crypto game developers.

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Elixir Games Raises $14 Million in Seed Funding for Decentralized Gaming Ecosystem

Elixir Games, a leader in the crypto gaming sector, has secured $14 million in seed funding to bolster its decentralized gaming ecosystem. The funding round was led by Final Fantasy developer Square Enix, following a previously announced partnership with Elixir.

Square Enix's participation underscores its commitment to the burgeoning crypto gaming landscape. Notably, the Japanese gaming giant recently invested in HyperPlay, a rival crypto gaming platform. This move suggests that Square Enix is not aligning itself exclusively with Elixir.

The seed funding will fuel the development of Elixir's launcher platform, which currently boasts over 130 games and 500,000 registered users. Additionally, the funding will support the rollout of Elixir's ELIX token, designed to power various products and services within the ecosystem.

Carlos Roldan, CEO of Elixir Games, hailed the funding as a "growth moment" that aligns with the company's mission to "revolutionize the global gaming ecosystem." He emphasized Elixir's focus on "innovation, unity, and excellence in Web3 gaming."

Expanding the Crypto Gaming Landscape

Elixir has made significant strides in bolstering its gaming portfolio. In 2023, the company acquired LitLab Games, a Spanish studio renowned for the auto-chess game CyberTitans.

Elixir has an ambitious roadmap for 2024, starting with the launch of the ELIX token, followed by the unveiling of the Elixir Launchpad. The latter will provide premium platform features and access to initial game offerings.

To further engage its community, Elixir is hosting a season pass campaign starting April 4. Prizes worth $750,000 will be up for grabs through game tournaments and promotions.

Note: This article was assisted by AI and edited/fact-checked by Andrew Hayward.

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