Funganomics, a gaming and NFT platform, has announced the closing of its first round of investment from a private sale. They haven’t named the specific investors who took part in the private sale. This investment will be crucial in helping this platform scale and achieve its targets for the year.
The company said that the investment will be used to scale up on staff, procure for additional software technology and also upgrade its hardware infrastructure. The CEO and Founder of the company, Jeremy Roberts, said:
“We are strategically placed to take NFTs to the next level by providing a wide variety of services for our target market. Initially, we were bootstrapping and funding the project ourselves. However, having a strategic partner catapults our growth and drives us closer to achieving our overall objectives. So far, we have managed to attain several milestones. This fresh injection of capital and knowledge will propel us to take advantage of the rising opportunities in NFT and the overall blockchain ecosystem.”
Funganomics is a digital platform that seeks to build the next generation software for NFTs and gaming. This VFT platform has been designed to help artists, celebrities and brands get into the NFT ecosystem with ease. Traders can buy and sell from the platform and they will not be limited to one network. The Platform is also working on an Augmented Reality product that will assist in the integration of society into blockchain technology. Their Play to Earn Gaming ecosystem is a revolutionary gaming concept that seeks to leverage on old style gaming whilst incorporating blockchain technology. Combining these two provides unique ways through which players can be compensated through customized P2E models. Monthly competitors for individuals and teams will also be organized thereby enhancing the thrill of these games,.
A total of 1 billion tokens will be supplied on the platform.5% of these will be set aside for the presale, 20% on the public sale , while the rest will be set aside for other segments such as team, staking, charity , marketing and partnerships.
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