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 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.
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