Crypto Unicorns recently bagged a $26 million token sale which will fund the development of their upcoming play-to-earn game developed by Laguna Games. The token sale is by TCG, a metaverse company, and Backed VC which is a venture capital fund.
Crypto Unicorns is a non-fungible token (NFT) collection that is based on the Polygon blockchain. They are now venturing to their own play-to-earn game of the same name hoping to get a piece of the market and the $26 million token sale will go a long way to achieving that goal.
Companies such as BITKRAFT Ventures, Infinity Venture Crypto, Delphi Digital, Polygon Studios, BreederDAO, CoinFund, ACME Capital, and Emfarsis are some of the other companies that participated in the sale.
According to co-founder of Delphi Digital, Yan Liberman, he believes that “Crypto Unicorns is one of the first blockchain games that players of all types can enjoy” and that it “will offer many different types of experiences that players themselves can have a hand in building.”
Crypto Unicorns’ play-to-earn game is expected to launch at the end of the month. Similar to other creature or pet-type NFTs, Crypto Unicorns will allow players to raise, breed and even evolve their NFTs before sending them to do various tasks such as racing against other unicorns or even jousting opponents.
The sizeable results of their token sale signals a huge and continued interest for investors to tap the growing play-to-earn blockchain-enabled market. Investors will allegedly play a key role in the management and direction of the game according to the game developer.
Aron Beierschmitt, CEO and co-founder of Laguna Games said in a press release that “We’ve developed Crypto Unicorns from the start to be a community-run game and the completion of this token sale is a big step toward that.”
This concept of building with the community has been echoed more and more frequently as of late as popular streamer Dr. Disrespect’s videogame project also had NFTs that allowed holders to do build and shape the game.
In a recent report by NonFungible.com, NFT games had the second-highest transactions in the NFT space with $5.7 billion worth of transactions with Axie Infinity leading the way and accounting for 19% of all NFT transactions. Crypto Unicorns is just one of many new games joining the growing market of NFT games.