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Home blog

Spellfire completes seed funding round

lexmor by lexmor
October 6, 2021
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Spellfire completes seed funding round
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Spellfire completes seed funding round - Terranova, x21, Autonomy Capital among top investors on board

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SpillfireNFT, the legendary card-based game powered by Ethereum and featuring some unique features, has successfully completed its initial funding round.

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Terranova, x21 and Autonomy Capital have led the $360,000 investment in the project, with more investors looking forward to Spellfire’s upcoming private round.

Spillfire It has some unique features that make it stand out among its peers in the industry.

  • The acquired NFTs are both digital and physical, making it the first NFT-based game to allow owners to touch their NFTs.
  • Private NFTs feature an “Augmented Reality” feature that allows owners to interact with the NFTs using gestures.
  • NFTs will be upgradeable.
  • Players can create their own NFTs with unique characteristics.

Spillfire Includes a P2E mechanic that allows owners to generate revenue from NFTs and from playing the game, with 200,000,000 tokens distributed through in-game rewards: tournaments, special combos, and achievements, and 90% of the NFTs generate profits that go directly to the owners.

NFTs have gained a lot of interest from investors; The industry saw 2,100 percent growth in the first quarter of 2021 compared to the previous quarter, according to CrunchBase, representing $2 billion in revenue. In July of 2021, the industry saw a massive inflow of $1.5 billion, more than half of the cumulative gains for the first quarter of the year.

P2E games have had similar success. According to the latest report published by the Blockchain Game Alliance (BGA), more than 804,000 unique users have played on one or more of the available Playtoearn (P2E) game platforms, resulting in a 121% increase in the market for unique and active wallets.

Find out more about Spellfire Here.


This is a sponsored post. Find out how to reach our audience here. Read the disclaimer below.

photo credits: Shutterstock, Pixabay, Wikicommons

disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the Company nor the author shall be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.



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