Enjinstarter raises $ 3 million in Series A, led by TGV4 Plus – Wired PR Lifestyle Story

IDO launchpad Enjinstarter announced today (January 20) that it has received a $ 3 million investment in True Global Ventures 4 Plus (TGV4 Plus).

This blockchain game is part of the US $ 5 million series A fundraising round of the launchpad, of which TGV4 Plus is its main investor.

The Serie A round is aimed at “strategic capital investors investing in Web 3.0 and () gaming”.

The investment will be used to expand existing operations on Enjinstarter and include other additional vertical businesses such as metaverse innovation consulting, game publishing and venture building.

“We are honored to lead our TGV4 Plus series A round, and we have already received tremendous support from our leading partners through warm-up advice, advice and presentations to portfolio companies and ecosystem partners,” said the Chief Executive. Enjinstarter Prakash Somosundram official and co-founder.

“As we embark on this journey to dominate the Web 3.0 space, we will have to put ourselves on the shoulders of the giants and the TGV4 Plus will put the whole package together and make the ride.”

Blockchain games support tokens, NFTs

Launched in early October 2021, Enjinstarter is an IDO launch for the Metaverse and Blockchain gaming projects. He has helped launch more than 30 projects and raised more than $ 3 million through his platform.

There are some notable projects that have helped Launkpad defined, Killbox and BideDao. According to Enjinstarter, his projects have been “delivered between 24 and 53 times to investors from their public IDO price.”

In addition to issuing tokens, it helps game developers raise innovative ways to raise capital and fund projects by selling virtual items like NFTs.

The platform also offers an incubation program supported by a network of accredited partners to help projects develop sustainable strategies and launch successful campaigns.

“I think we’re at the beginning of a point where Metaverses, Play-to-earn, and GameFi predominate, which is a mix of traditional fun gaming experiences and the concepts of Finance and Fintech in a unique user experience.” said TGV4 Plus partner Kelly Chook

“I believe that Enjinstarter is the right place and the right time to help companies that want to build their resources and communities as quickly as possible so that they can reach the right market quickly.”

Featured Image Credit: True Global Ventures and Enjinstarter