Ethereum’s ‘Cross the Ages’ Game Debuts CTA Token, Secures $3.5 Million Funding

  • Cross the Ages, a competitive trading card game incorporating NFTs on Ethereum’s Immutable X scaling network, has launched its CTA token.
  • The game studio has also announced a new funding round, raising $3.5 million in equity led by crypto investment giant Animoca Brands.
  • With this funding round, the total amount raised by the firm now stands at $23.5 million, including previous investments and community fundraising.

Cross the Ages, a trading card game with NFTs on Ethereum’s Immutable X, launches its CTA token and announces a new funding round, raising $3.5 million in equity.

CTA Token Launch and New Funding Round

Cross the Ages has launched its CTA token on the Ethereum network, now available on exchanges such as Bybit and KuCoin. The token’s current price stands at approximately $0.29, down 8% on the day, according to data from CoinGecko. The token reached a peak price of just above $0.37 earlier on Wednesday.

Significant Backing and Future Plans

The game studio behind Cross the Ages has also announced a new funding round, raising $3.5 million in equity. This round was led by crypto investment giant Animoca Brands, with additional investment from The Sandbox co-founder Sebastien Borget and Nicolas Jeuffrain, co-founder of renewable energy firm Tenergie. The total amount raised by the firm now stands at $23.5 million, including previous investments and community fundraising.

Support from Traditional Video Game Giants

Cross the Ages has received significant backing from traditional video game giants like Assassin’s Creed maker Ubisoft and Final Fantasy creator Square Enix. Both firms have previously invested in the studio. Ubisoft has also collaborated with the game earlier this year, bringing its Watch Dogs franchise to Cross the Ages via an NFT expansion pack.

Conclusion

With the launch of its CTA token and the successful funding round, Cross the Ages is poised for growth. The backing from traditional video game giants and the crypto investment giant Animoca Brands signifies a vote of confidence in the game’s potential. As blockchain gaming continues to gain traction, Cross the Ages is well-positioned to capitalize on this trend, offering users unique experiences in a virtual environment founded on personal ownership.

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