NCore Games Bags $10 Million From Galaxy Interactive, Animoca Brands And Others For A Web3 Push
Summary
A clutch of angel investors such as former Google executive Amit Singhal, Polygon cofounder Sandeep Nailwal, Ram Madhvani, Rakesh Kaul, Mannan Adenwala, Sanjay Narang, Taj Haslani, Kristian Segerstrale, Sanjay Gondal, Vedant Baali, Kartik Prabhakara, Peter Leung, Yashraj Akashi and Akshay Chaturvedi also participated in the funding round. nCore Games said it recently expanded its management team with Kanwaljit Bombra as the CEO, Alok Jain as finance head and Agastya Samat leading the firms business development and legal operations. nCore also has a gaming platform IceSpice that provides tools such as virtual currency, ecommerce store and esports layer along with a publishing house to developers. nCORE Games has the team to leverage blockchain and NFTs to deliver digital property rights to players, “and we look forward to many successful products as we move toward a global open metaverse”, he said. Also read: 2021 was the year people in India started spending money on mobile games Animoca Brands has a portfolio of more than 100 investments in NFT-related companies and decentralised projects that are contributing to building the open metaverse, including Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Bitski, Harmony, Alien Worlds and Star Atlas.
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