Source: news.google.com
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DOGAMIWeb3’s First NFT Pet Game Completes Its $14 Million Seed Round With $7 Million Seed Extension Led By European Tech Investor XAnge
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DOGAMÍ has launched a mobile application that allows users to adopt and play with their virtual NFT dogs and be rewarded with the native cryptocurrency $DOGA
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This fundraising will allow DOGAMÍ to expand its range of Web3 games and applications for the general public
PARIS, FRANCE / ACCESSWIRE / December 13, 2022 / The $7 million seed extension was led by Berlin and Paris-based venture capital firm XAnge, with participation from French public investment bank Bpifrance, Singapore-based Blockchain Founders Fund, Wagram Capital and other offices. relatives. In January 2022, DOGAMÍ raised the initial $6 million from industry leaders including Ubisoft, Animoca Brands, The Sandbox co-founders, Draper Goren Holm, Tezos, GSR, and many more strategic investors.
The initial investment has allowed DOGAMÍ to sell 12,000 NFTs of canine avatars and 12,000 NFTs of canine accessories in collaboration with the international brand GAP. In less than a year, DOGAMÍ has created one of the most dedicated Web3 communities with more than 200,000 dog lovers. DOGAMÍ attracts members of the community – “Dogamers” – from more than 80 countries who are diverse in gender and have an average age of 30 years.
The team of 40 employees recently launched their first mobile app, “DOGA House”, which is exclusively available to owners of a Dogami NFT. DOGA House is off to a very promising start: two weeks after launch, 70% of users who have access to the app are playing every day. Dog gamers use the app to discover and interact with their NFT pups. Available for both iOS and Android, the app allows users to play, feed, pet and walk their dogs in the DOGAMÍ universe, rewarding them with the $DOGA cryptocurrency in return.
The $DOGA cryptocurrency can be used to buy or resell NFT avatars and accessories, as well as to participate in events within the DOGAMÍ universe. In the future, $DOGA owners will also be able to use it in exchange for physical clothing, accessories, or tickets to live and virtual events.
DOGAMÍ currently offers 12,000 unique virtual NFT companions, which are divided into four levels of rarity. Fifteen Dogami breeds have been released so far, including the popular Shiba Inu, Corgi and Australian Shepherd. New breeds will be released in 2023. An innovative breeding feature will allow Dogamí owners to breed new virtual companions. DOGAMÍ expects its community members to breed up to 100,000 unique Dogamí NFTs by the end of 2023.
In the coming months, DOGAMÍ plans to introduce new features and improvements, including customization of Dogamí avatars with branded accessories, development of the game environment, new animations and interactions, augmented reality, mini-games, and competitions between Dogamers.
In parallel, the team is working on a new mobile game, to be released in 2023, which will allow Dogamers to go on entertaining adventures with their virtual companions.
“With DOGAMÍ, we aspire to lead the industry in developing a scalable entertainment experience that transcends the Web3 space. We believe our approach to combining an engaged community, compelling storytelling, and true digital ownership is a crucial pillar of our early successes. and we continue to capitalize on that. We are particularly happy to receive support from highly legitimate European investors such as XAnge and Bpifrance, which is an important sign for the Web3 gaming space as a whole” – Max Stöckl, Co-Founder and CEO
“We are excited to develop original intellectual property that combines world-building, unique environments and authentic characters to create a truly immersive experience. Born on Web3, our brand will deliver media experiences through NFTs, enabling audiences connect with our world in new and exciting ways. – Kris Penseyres, Co-Founder and Chief Brand Officer
“Our team has performed extremely well in developing an identifiable product that appeals to a wide audience. Consequently, this allowed us to grow our community organically to over 200,000 members who share a passion for dogs and the DOGAMÍ brand. We believe this is a very solid foundation for the next few years.” – Adrien Magdelaine, Co-Founder and COO
“As a long-term investor, XAnge is pleased to strengthen its support for the DOGAMÍ team. We believe that Web3 gaming is now entering a new era where the experience must meet Web2 gaming standards. Congratulations to the entire DOGAMÍ team. for aiming high for that aspect. We look forward to seeing the progress that will happen from 2023, especially when we hit a bull market again.” Alexis du Peloux, XAnge Partner
“Bpifrance is delighted to support DOGAMÍ, a flagship player in the Web3 ecosystem, in its next stage of development. This transaction is fully in line with our ambition to support and accelerate French creative industries through our “French Touch” plan. In less than a year, the teams have built a powerful and engaged community of over 200,000 people paving the way for a global IP. What’s next promises to be exciting!” – Guillaume Simonaire, director of Bpifrance
ABOUT DOGAMI
DOGAMÍ is the first mass market NFT Web3 AR mobile game, where you adopt and breed your 3D dog and earn $DOGA, DOGAMÍ’s native cryptocurrency. Co-founded in mid-2021 by Max Stöckl (CEO, formerly Boston Consulting Group), Adrien Magdelaine (COO, formerly Wamiz, Pet Industry Serial Entrepreneur), Kristofer D. Penseyres (CBO, formerly Sony Pictures, Branding & Partnership Expert ) and Bilal El Alamy (CTO, Blockchain Serial Entrepreneur). Supported by a European team of over 40 employees, including art director Gregory Magadoux (formerly Ubisoft). The company successfully raised $14 million through world-famous investors such as Ubisoft, Animoca Brands, The Sandbox co-founders, XAnge… DOGAMÍ’s first NFT installment of 12,000 dog avatars sold out in just a few hours , which propelled them to the #1 spot in terms of volume traded across the top NFT platforms on Tezos.
For more information please visit DOGAMI.com and follow the team on Twitter at @DOGAMI
Contact: adrien@dogami.io
FONT: DOGAMI
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