NFTs News

Web3 Game Dogamí Closed A $7 Million Seed Extension Round

Dogamí, a Web3 game in which users raise and train virtual dogs, has concluded a seed expansion round of $7 million.

The funding round was headed by XAnge, a European venture capital firm, and ended at the end of November. Other investors include the Blockchain Founders Fund, Wagram Capital, and Bpifrance.

The company previously raised $6 million in January 2022, bringing the total to about $14 million. Among the company’s key investors are Ubisoft, Tezos, and Animoca Brands.

Dogamí is the maker of a Web3 pet simulator that allows people to breed virtual dogs with NFT tokens. With these new funds, Dogamí intends to grow its Web3 portfolio with new goods aimed at a larger consumer market.

DOGAMI and the global fashion company GAP were able to sell 12,000 virtual dog avatars and 12,000 virtual dog accessories with the original $6 million investment.

Dogamí NFT holders may use the game’s DOGA House app on iOS and Android smartphones. The virtual dogs may be interacted with in a number of activities, including playing, feeding, stroking, and walking.

The game has over 200,000 users from over 80 countries, all of whom have one trait: a love of dogs. A player’s average age is 30, and they are of all genders.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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