The blockchain gaming company Cross the Ages receives $ 12 million from Ubisoft, polygon

The blockchain gaming company Cross the Ages receives $ 12 million from Ubisoft, polygon

The blockchain gaming developer Cross the Ages (CTA) announced on Monday that he collected $ 12 million in a seed financing round in which some of the heavyweights of the industry were involved.

The metaversum gaming platform "Play and earn" by Cross the Ages was financed by companies such as Ubisoft and Animoca Brands. Sebastien Bort, co-founder and Chief Operating Officer from The Sandbox as well as polygon-the blockchain network on which the game is based-also took part in the round.

According to an explanation, the funds are used to promote the development of the game, to keep talents and to promote its market launch activities. The game has achieved a social community of over 380,000.

Cross the Ages Universe is a digital collection card game that plays in a dystopian clash of worlds and is based on seven fantasy and science fiction novels of leading authors.

The company itself has a growing team of 140 employees, including 70 artists who worked on the big titles Game of Thrones, Star Wars, Lord of the Rings and Harry Potter.

Blockchain games are still in the infancy and digital card games rub on popular franchises such as Hearthstone by Blizzard and Magic the Gathering: Arena by Wizard of the Coast.

"Since its creation, collection cards have sometimes consisted of cardboard, paper or even plastic, but have always been portrayed as a physical medium," said Sami Chlagou, CEO from CTA. "The advent of NFTS makes it possible to collect cards in a digital format, so CTA will provide this for the users and at the same time give them the opportunity to have a physical version."

However, not all players are convinced of the technology based on the free-to-play model. A report by PC-gamer On Wednesday said that players of the Free Free-to-Play-Battler StoryBook Brawl are demanding from Steam after ftx.us took over the developer of this game last week.

Nevertheless, CTA said that players could "commodify" their digital assets in the form of non-fungible tokens (NFTS) via the in-game economy of the platform, while they offer users the opportunity to lease, act and sell them or to convert them in physical cards.

The game is expected to be made available to the public in June after it was tested in March and accessed in May at selected users Timetable .

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The article Blockchain Gaming Firm Cross the Ages Gets $ 12m from Ubisoft, polygon is not a financial advice.