Web3 Gaming Platform Circle of Games Secures $1M Investment from Strategic Backers
Circle of Games Secures $1M Investment from Strategic Backers
Circle of Games, a Web3 gaming platform, has secured $1 million in funding from strategic investors like Nazara Technologies and The Hashgraph Association. The investment is aimed to boost COG's growth, enhance platform capabilities, and expand its user base globally.
Accelerating Growth in Web3 Gaming
- The funding aims to support COG's efforts to add more games to its platform, improve capabilities, and establish a global presence in key markets.
- Currently, COG has over 250,000 registered users with plans to onboard millions of gamers by 2026.
Nazara Technologies, India's publicly traded gaming company, with experience in eSports, media, and technology, aligns with COG's blockchain gaming focus. Hedera's connection with COG enhances its presence within the ecosystem.
Global Expansion and Market Reach
- COG leverages collaborations with key industry players to reach over 500 million gamers worldwide.
- The Distribution Infrastructure Network (DIN) and multi-chain approach set COG for a global game distribution strategy.
With plans to launch its native token and provide play-to-earn mechanics, COG aims to enhance player control and flexibility.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.