🚨 Get Your Free NFT Certificate Mint by Completing the Web3 Exam! START NOW
My Learnlist: Coming Soon!
My Learnlist: Coming Soon!

Learn by real-life examples: Select, Track & Understand any cryptos with the unique Learnlist feature!

Notify Me!
Portfolio: Coming Soon!
Portfolio: Coming Soon!

Set your wallet & get powerful insights backed by data. Easily learn how to use it for your highest rewards!

Notify Me!

P2E Platform C2X Secures $25M Funding, Reaches $500 Million in Total Value

P2E Platform C2X Secures $25M Funding, Reaches $500 Million in Total Value

The blockchain gaming platform will be accelerating the development of its ecosystem with the recent investment by some of the largest crypto investors.

Based on the official press release, C2X has raised $25 million from its private token sale, launched its initial exchange offering (IEO), and announced two of its newest advisors - crypto-focused venture fund Hashed, and blockchain network Terra.

The funding was led by three major VC firms including Sam Bankman-Fried’s FTX Ventures, Animoca Brands, and Jump Crypto. 

What is Polkadot in Crypto? (DOT Animated Explainer)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

What is Polkadot in Crypto? (DOT Animated Explainer)

What is Polkadot in Crypto? (DOT Animated Explainer) What is Polkadot in Crypto? (DOT Animated Explainer)

Several other participants chimed into the private token sale like Galaxy Interactive, DeFiance Capital, Crypto.com, Xsolla, Huobi Ventures, Transcend Fund, Skybound, Unanimous Capital, Skybound, Bowei, Goal Ventures, Agnitio Capital, Blockchain Coinvestors, Concept Art House, Infinity Ventures Crypto, Play Ventures, and Goal Ventures.

With the investment, C2X will continue working with its partners Com2uS, Hashed, and Terraform Labs to accelerate the platform’s development, and create new incentives in the form of blockchain-powered games.

Director of MetaMagnet (parent company of C2X) Paul Kim spoke on the recent investment into the blockchain platform, stating: 

"C2X is revolutionizing the blockchain gaming ecosystem by providing a platform that actively supports both its users and creators. As part of our long-term growth strategy, we are actively seeking out strategic endeavors that will exponentially increase the expansion of C2X."

He also added that C2X will be taking full advantage of its "distributed ledger technology" in order to provide a secure platform for gaming enthusiasts and developers, with extra services coming in the future like an NFT marketplace and a mobile wallet. In fact, the platform expects to launch over ten new games this year.

Aaron S., Editor-In-Chief
Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.



Earn Huge Exclusive Binance Learners Rewards