Fungies.io Launches Pre-Seed Round of Financing and Joins Blockchain Accelerator Program

It is reported that the Web3 game business platform Fungies.io announced the launch of the pre-seed round of financing, with the goal of completing the round o…

Fungies.io Launches Pre-Seed Round of Financing and Joins Blockchain Accelerator Program

It is reported that the Web3 game business platform Fungies.io announced the launch of the pre-seed round of financing, with the goal of completing the round of financing by the end of May 2023. In addition, Fengies.io also announced its participation in the Outlier Ventures, CV Labs, and Tatum Blockchain Accelerator program. Fengies has launched its beta platform, and the team is now focusing on providing easy-to-use Website Builder and Unity/Unreal SDK to build in-game stores and markets synchronized with the website and provide tools for game studios to reduce costs. (EINPresswire)

Web3 game business platform Fengies.io opens pre-seed round financing

Interpretation of the news:


Fungies.io, the Web3 game business platform, has announced the launch of its pre-seed round of financing in its quest to complete the round by the end of May 2023. The company has also declared its participation in the Outlier Ventures, CV Labs, and Tatum Blockchain Accelerator program. In the meantime, the team behind Fungies.io has launched its beta platform and is committed to providing an easy-to-use website builder and Unity/Unreal SDK for building in-game stores and markets synchronized with a website. Additionally, Fungies.io will offer tools for game studios to reduce costs.

Fungies.io’s announcement highlights the growing interest in the Web3 game platform, which combines decentralized technologies with traditional gaming capabilities. While Fungies.io’s pre-seed funding round indicates the company’s commitment to scaling its operations, its participation in the blockchain accelerator program signifies its focus on innovation and collaboration with other startups in the same space.

Fungies.io is providing a comprehensive platform that is designed to integrate with a wide variety of games, offering in-game stores and markets for players. This move is particularly important to developers who are struggling to find ways to reduce their operational costs while still offering exciting and engaging gaming experiences. With Fungies.io, developers will now have access to tools that make it easier to create these types of experiences while reducing overhead expenses.

Furthermore, Fungies.io’s participation in the accelerator program will give the team access to a network of mentors, investors and other startups that can help to provide additional resources and insights to support the integration of cutting-edge blockchain technologies in their operations. Such collaborations will likely prove crucial for the success of Fungies.io, as well as other emerging startups in the Web3 game platform space.

In summary, the Fungies.io announcement highlights the increasing interest in Web3 game platforms and the need for innovative solutions to reduce developer’s costs. The message emphasized the company’s commitment to scaling its operations and collaboration with other startups in the same industry. The Fungies.io team is offering developers an easy-to-use website builder, Unity/Unreal SDKs and tools to reduce costs. The company’s participation in the blockchain accelerator program will provide Fungies.io with a network of resources to support their operations, and also benefit other startups in the same industry.

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