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ixelmon has successfully closed an $8 million seed funding round, led by notable players including Animoca Brands and Delphi Ventures, marking a crucial step in its journey to redefine ownership in the gaming world. This investment demonstrates the confidence the market has in Pixelmon’s unique approach to integrating web3 technologies with gaming, allowing players to own a piece of the game they play through the Mon Protocol. This protocol facilitates a decentralized system where in-game assets and intellectual property can be owned and traded by players.
Animoca Brands, a company that has been at the forefront of digital entertainment and blockchain technology, has shown particular interest in Pixelmon’s approach to decentralized gaming. Yat Siu, co-founder and executive chairman of Animoca Brands, highlighted the importance of what Pixelmon is doing. He said, “The decentralized IP system that Mon Protocol is establishing is significant because it will empower creative communities and IP core fan bases to participate actively in the long-term success of a consumer franchise, taking full advantage of true digital ownership and network effects. I am thrilled to see Pixelmon further develop its ecosystem of games and become the leading global 18-35 monster collecting IP.”
The fundraising attracted a wide array of investors, from industry giants to influential figures in the web3 and gaming sectors. Angels such as Ray Chan from 9GAG and Kun Gao from Crunchyroll, alongside key opinion leaders and strategic partners, have all thrown their support behind Pixelmon, signaling a strong belief in the project’s vision and its innovative approach.
Pixelmon is set to roll out a variety of games to keep its community engaged, following the successful launch of Kevin the Adventurer and the anticipated release of PixelPals. These games are just the beginning, as Pixelmon aims to expand its core IP with major releases that will introduce new gameplay elements and deepen the gaming experience.
Led by Giulio Xiloyannis, along with a team seasoned in the gaming industry, Pixelmon is poised to tackle the challenges of creating a decentralized gaming ecosystem. Their experience and the strategic vision set a solid foundation for the project’s success.
As Pixelmon moves forward, it plans to extend its IP across multiple channels, including merchandise and animated series, aiming to create a comprehensive ecosystem around its gaming franchises.