Trung Thuy Group CEO Closes $ 6.8 Million Funding Round to Build Metaverse Sipher

Sipher notification 6.8 million US dollars in a seed round led by the investment funds Hashed, Arrington Capital and Konvoy Ventures with the participation of Defiance Capital, Signum Capital, Dragonfly Capital, CMT Digital, BITKRAFT Ventures, Delphi Digital, Alameda Research, Fenbushi Capital, Sfermion, Hyperchain, GBV, Kyber Network, Coin98 Ventures, YGG and Merit Circle.

Sipher, founded by businessman Nguyen Trung Tin, CEO of the Trung Thuy Group, has the ambition to develop a blockbuster crypto game called “World of Sipheria”.

Nguyen Trung Tin (second from left) photographs former President Obama during his 2016 visit to Synthetic Team.

World of Sipheria is inspired by casual MOBA games like League of Legends and Play Together.

In the game, users can fight other users with unique characters (animals), upgrade their characters with in-game incentives, and finally have their own metaverse.

To get ahead of the game’s release, Sipher introduced NFTs from World of Sipheria’s protagonist Sipherian Surge.

Over 10,000 Sipher Inu NFTs sold out in less than 15 minutes on OpenSea in early October and became one of the top 20 most traded NFTs on OpenSea within a few days.

Sipher INU # 8972 was sold for 2.2 ETH Open sea

When the game is released, players will be able to battle other characters in an open arena. The uniqueness of the characters, the rarity of the NFT, and the anticipation of the open-world style metaverse will make Sipher unique in blockchain games.

Nguyen Trung Tin, Founder and CEO of Sipher, emphasized that games are for fun and Sipher will focus on making World of Sipheria fun and engaging.

“Sipher fosters an ecosystem where people can both play for fun and participate to earn rewards,” said Tin. “The Sipher community on Discord has grown to over 60,000 members, including fans, creators, musicians, artists, game makers, and a wide variety of gamers.”

“Games should first and foremost be entertaining, they should be sociable, they should stimulate and inspire people and bring people together for a common purpose in order to enjoy time for one another. That makes games the most powerful way to share and discover great moments together, ”said the CEO of Sipher.

The company also plans to launch its second collection called Sipherian Flash on November 6th, featuring 10,000 playable characters with Sipher Nekos in a limited edition. Team Sipher has around 60 employees, mainly in Synthetic Team.

Nguyen Trung Tin was born in 1987 to the business woman Duong Thanh Thuy. After graduating from the University of Melbourne, Australia and returning home in 2011, Mr. Tin began his career as a marketing trainee with the Trung Thuy Group. Mr. Tin was appointed General Manager of Trung Thuy Group Joint Stock Company in January 2015. He became famous after meeting and speaking to US President Barack Obama in 2016 and married Miss Dang Thu Thao.

Sherlock Holmes

According to AZCoin News

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