Cross The Ages secures $3.5M in equity funding led by Animoca Brands, with participation from industry figures. Learn more about their new web3 game called Arise.
Eliza Crichton-Stuart
Head of Operations
The web3 gaming project Cross The Ages (CTA) has successfully closed a $3.5 million equity round, with leading VC firm Animoca Brands at the forefront. Sebastien Borget of The Sandbox and Nicolas Jeuffrain of Tenergie also participated in the fundraising, signaling growing investor confidence in CTA's vision.
In this article, we will cover everything you need to know about Cross The Ages' (CTA) latest funding round, bringing their total raise to over $23 million to date. We will also showcase the trailer for their newly announced blockchain game, called Arise.
Cross The Ages Raises $3.5 Million Led By Animoca Brands
Having amassed a total of $23.5 million in funding to date, including a $3 million seed round and a $9 million private round in 2022, Cross The Ages' (CTA) latest funding round coincides with its token generation event. The game's native token is now on several crypto exchange platforms, including Bybit, KuCoin, GATE, and MEXC.
The injection of fresh capital will fuel Cross The Ages’ (CTA) expansion initiatives as it continues to develop its gaming universe and ecosystem. Since launching its virtual trading card game in March 2023, Cross The Ages (CTA) has seen significant traction, boasting over 400k downloads and 148k monthly active users.
Cross The Ages $CTA Token Now Live on Major Exchanges
Yat Siu, the executive chairman, and co-founder of Animoca Brands, highlighted the pivotal role blockchain gaming plays in democratizing digital ownership, praising CTA for embodying these values. “Cross The Ages perfectly embodies the values of this movement, enabling users to live experiences in a virtual environment solidly founded upon personal ownership,” Siu said.
Cross The Ages is a vibrant universe built upon a saga of seven fantasy and science fiction books. This rich lore has inspired the creation of stunning artworks from renowned worldwide artists.
These artworks are seamlessly integrated into their TCG (Trading Card Game), which has drawn in over 148,000 community members and garnered 400,000 downloads. As a significant player in the global video game industry, Cross The Ages is dedicated to pushing boundaries and crafting unforgettable adventures.
Cross The Ages Logo and Character Art
Cross The Ages (CTA) has also achieved remarkable sales figures, with over 35 million digital cards sold and more than 3.5 million NFTs (digital assets) minted (sold). The team also released an exclusive sneak peek at Arise, their latest game set in the Cross The Ages (CTA) universe.
Sami Chlagou, CEO and Co-founder of Cross The Ages (CTA) expressed enthusiasm about having Animoca Brands as the lead investor, emphasizing their shared commitment to expanding CTA's gaming universe. “This collaboration signifies a shared commitment and a vote of confidence for CTA’s gaming universe to expand the IP amongst Animoca brands ecosystems and partners,” Chlagou said.
These findings underscore the increasing convergence of gaming and blockchain technology, highlighting the impact it has on the gaming landscape. With Cross The Ages (CTA) securing substantial funding and garnering significant user engagement, it exemplifies the growing appetite for blockchain-based gaming experiences.
The integration of NFTs and tokenization not only enhances player immersion but also introduces novel ownership and monetization models, helping to enhance the gaming industry's future. As blockchain gaming continues to gain momentum, Cross The Ages (CTA) stands as a good addition, illustrating the transformative potential of this sector.
updated:
May 29th 2024
posted:
May 15th 2024
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