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Market News

Play-to-Earn NFT Game MonkeyBall Raises $3 Million in a Funding Round

The funding will give MonkeyBall the necessary rocket power to blaze its roadmap and build the AAA-grade gaming experience the Play-to-Earn market needs.

Written By Jahnu Jagtap
Published October 22, 2021 9:02 AM
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MonkeyBall Raised $3 Million in a New Round of Funding

In Brief:

  • MonkeyBall, a play-to-earn gaming platform raises $3M in the fundraiser
  • Several venture capital firms as well as angel investors participated in the funding round including Solana Capital, Republic, NFX, and iAngels among others.

MonkeyBall, a Solana-based play-to-earn game, has raised $3 million in an initial round of funding.

The majority of top venture capital and angel investors contributed to the funding round, which includes Solana Capital, Republic, NFX, iAngels, Longhash, CMS, Jump Capital, Youbi, Morningstar Ventures, Banter Capital, Ascentive Assets, MarketAcross, Node Capital, to name a few.

The funding will give MonkeyBall the necessary rocket power to blaze its roadmap and build the AAA-grade gaming experience the Play-to-Earn market needs.

MonkeyBall is developing an NFT soccer game that will reward both players and spectators. According to MonkeyBall, the game is “an intersection between FIFA Street and Final Fantasy.”

“We are truly excited to unveil this amazing roster of investors who are supporting MonkeyBall,” says Oren Langberg, head of marketing at MonkeyBall.

Created by a team that has unrivaled experience in both game development and cryptocurrency, MonkeyBall provides a high-production value. The game can be played on both Desktop and mobile.

Play-to-earn games are the next big thing in the market as recently Axie Infinity, a game of similar format became the most traded NFT collection ever in Q3 2021.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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