GAINESVILLE, FL / ACCESSWIRE / December 19, 2021 / Realms of Ethernity, an upcoming MMORPG metaverse recreation on Polygon, has raised $5 million in a non-public token sale from Decentralised Investment Group (DIG) International, a Dubai-based funding agency. The funding comes on the heels of an earlier public pre-sale that raised over $5 million.
The funding was made into Realms of Ethernity’s RETH token, the governance and staking token for the metaverse. RETH holders will be capable to govern the mission’s treasury, disbursing grants and making key roadmap and product choices. The token can be utilized to stake and obtain a portion of the platform’s charges.
A public sale for RETH is deliberate for December 20 at 2 PM UTC, lasting for 72 hours till December 23. The mixed funding can be dedicated to vastly scaling up the group and constructing out an infrastructure to help tens of millions of gamers for the AAA-grade MMORPG.
Realms of Ethernity is a Play-to-Earn MMORPG that can be a “meta-metaverse,” being each an thrilling RPG recreation in itself, in addition to a game-of-games internet hosting different metaverses. RoE will embody different video games’ metaverses by partnering or buying present studios. The recreation goals to be AAA-grade and host tens of millions of gamers. For these causes, the group selected to make use of Polygon, a quick and scalable Ethereum Layer-two platform, because the blockchain layer.
The RoE world is stuffed with a whole bunch of quests, cities and dungeons, making it an actual metaverse with all the weather of a vibrant in-game financial system. Players can be a part of PvE actions in quests and dungeons, the place they’ll be risking their lives to acquire prized NFTs and gold cash. After raiding, they will head into the cities to commerce with different gamers and play video games like poker or blackjack.
Realms of Ethernity is developed by Blue Monster Games, an skilled blockchain recreation studio identified for Kart Racing League. In addition to the personal sale, DIG International is evaluating an funding into the studio.
“We’re excited to receive such massive support from DIG. It’s very uncommon to see individual funds closing entire rounds, so it’s a sure sign of their level of excitement and support for Realms of Ethernity,” mentioned Joseph Rubin, Co-founder and CEO of Blue Monster Games. “The funding will be instrumental in turning RoE into a blockchain gaming blockbuster.”
We’re extraordinarily excited to be backing this unimaginable mission and group,” says Haydn Snape, the proprietor of Decentralised Investment Group. “Expanding our portfolio into blockchain gaming is the first step in a series of strategic moves that we will be making over the coming months.”
About Realms of Ethernity
Realms of Ethernity (RoE) is a MMORPG recreation developed by Blue Monster Games, the makers of Kart Racing League. Built on Polygon, RoE is each an thrilling digital world of loot, land and PvP battles, in addition to a “meta-metaverse” incorporating many different video games into its wealthy ecosystem. The recreation is powered by the RETH governance token, which allows the neighborhood to take the reins of the mission.
About Blue Monster Games:
Blue Monster Games Inc. is a Florida-based company devoted to the event of video video games using NFT know-how. These gaming initiatives are based mostly on a play-to-earn mannequin, that means that gamers have the chance to earn cash in-game.
Blue Monster is the maker of Kart Racing League, which options 3D NFT characters that can be utilized to play a kart racing recreation, incomes rewards for each race they win. The group can be engaged on a quantity of completely different initiatives that can be introduced over the approaching months.
SOURCE: Blue Monster Game
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