Funganomics Completes Its First Seed Investment Round to Accelerate Development of the NFT and Gaming Ecosystem
PRESS RELEASE. The Ethereum-based solution will be a premier, bespoke online community, bringing together NFT investors, partners, play-to-earn gamers and developers. While new NFT and PTE gaming sites are being deployed...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
PRESS RELEASE. The Ethereum-based solution will be a premier, bespoke online community, bringing together NFT investors, partners, play-to-earn gamers and developers.
While new NFT and PTE gaming sites are being deployed seemingly everyday, few if any have tied together in a seamless, intuitive way a truly robust and inclusive community that delights and rewards all key stakeholders.
Funganomics, however, is building for “what’s next” in this new and exciting space, addressing the gaps in functionality and user experience currently challenging other platforms and their digital communities.
Specifically, the new ecosystem will comprise several key functional areas that will work together symbiotically, including Fungatopia (NFTs), FGS Games (PTE Gaming) and Fungality (AR/VR Experiences) all completing successful registered trademark applications.
The UK-based company announced on 18th of November successful completion of its initial seed round of funding, the source of which was a private investor from the US. The company indicated it will use the funding to support staffing increases, additional technology infrastructure and software enablement.
Jeremy Roberts, CEO and Founder, said “Funganomics is uniquely positioned to provide a wide array of solutions to the Blockchain sector. We’ve taken an independent approach in our initial startup by funding the project ourselves until now, and we are very pleased to have both a substantial injection of new capital, as well as additional knowledge and experience that will assist the company in its aggressive growth goals over the coming months.”
Roberts added, “to-date the team has already achieved several, significant milestones and benchmarks in terms of progress, and we are well on our way to both the FGS token pre-sale and our first NFT game character drop through our custom-built platform. Funganomics is providing new technology at just the right moment in a thriving Blockchain market with very strong token utility. You can read our blog post on company progress here”
The Funganomics token pre-sale is tentatively scheduled for 30th November, with the NFT character drop planned shortly thereafter on 16th of December.
To further amplify and hasten progress on its product portfolio roadmap, the company intends to formally explore venture capital alliances following their initial presale and NFT character introductions.
Visit to Know More:
Website: https://funganomics.com/
Twitter: https://twitter.com/FunganomicsNFTs
Instagram: https://www.instagram.com/funganomicsnfts/
LinkedIn: https://www.linkedin.com/company/funganomics/
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Nasdaq-listed company warned it may not survive 12 months after its crypto treasury crashed 46%
Cosmos Health’s crypto treasury was down about 46% at the end of June as the Nasdaq-listed company warned that recurring losses an...
Ripple SEC Case Becomes a Warning for Crypto Lawmakers
Ripple CEO Brad Garlinghouse is using his company’s own legal bill as evidence that Washington’s approach to digital assets has a...
Injective Expands Tokenization Push With SEC Transfer Agent Status
Injective said its institutional services arm is now registered with the SEC as a transfer agent, giving the blockchain a regulate...
We Asked Sam Altman ChatGPT AI Where Bitcoin Will Be at the End of 2026
Three days in August did more for sentiment than the previous three months. ChatGPT AI predicts that the shift holds, and the pric...
Open Source vs. Source-Available: What the Coldcard Failure Teaches About Bitcoin Software Incentives
Bitcoin Magazine Open Source vs. Source-Available: What the Coldcard Failure Teaches About Bitcoin Software Incentives Closed vers...
SEC’s latest crypto rules only open a few of Wall Street’s ‘million doors’ – Bitwise CIO Matt Hougan
Bitwise CIO Matt Hougan doesn't think Washington's crypto-friendly turn is the moment that completely unlocks Wall Street. In an i...