Nexus Interactive, a web3 gaming company, has secured $2 million in an oversubscribed seed funding round led by Animoca Brands, Jump Crypto, Maven Capital, and other investors. The company has already developed two flagship games that have seen over 1 million plays and generated nearly $2 million in revenue.

Fresh $2 Million in Funding

The funding will support Nexus Interactive’s development of its web3 gaming ecosystem, which is built around three core pillars: Nexus Play, an in-house development studio; Nexus Build, a publisher that supports and launches games developed by other studios; and Nexus Share, a community growth platform driven by AI-powered user-generated content. The company has attracted over 100,000 community members across its various initiatives.

Nexus Interactive Secures $2M

Web3 IP: Everdawn Champions

Nexus Interactive’s leading title, Everdawn Champions, a 3D trading card game, was the most-played game on Elixir during its closed beta phase. The open beta is scheduled for release in September 2024. In addition to this title, Nexus is working on a mobile base-building game and a post-apocalyptic MMO.

We’re excited to support Nexus Interactive as it builds a scalable ecosystem for users, builders and creators. We believe these efforts will help to enhance network effects throughout our broader network and we look forward to the impact that the ecosystem of Nexus Interactive will have on the Web3 gaming space.

Yat Siu - Cofounder and Executive Chairman of Animoca Brands

The company plans to launch its NXI token later this year, which will serve as a utility and governance token across the Nexus ecosystem, including all in-house and published games. The team behind Nexus Interactive includes developers with experience from projects like Splinterlands and Gods Unchained. Multiple IP partnerships are in the works as the company prepares for the token launch later this year.

For now, make sure to follow Nexus Interactive on X and join their Discord to keep up with the latest announcements and teasers.