Source: news.google.com
quick shot:
- DOGAMÍ completes its $14 million seed round with the $7 million seed extension.
- Players of the DOGAMÍ mobile game will be rewarded with the native cryptocurrency $DOGA.
- This fundraising will allow DOGAMÍ to expand its range of Web3 games for the general public.
DOGAMÍ, the first Web3 NFT pet game, announced today that it has completed its $14 million seed round with a $7 million seed extension.
Participants in the initial extension were mostly made up of non-crypto-focused investors, such as Berlin and Paris-based venture capital firm XAnge, French public investment bank Bpifrance, and Wagram Capital. Singapore-based Blockchain Founders Fund joined the extension round.
This fundraising will allow DOGAMÍ to expand its range of Web3 games for the general public.
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 other strategic investors.
With the initial investment, DOGAMÍ launched and sold 12,000 NFTs of canine avatars and partnered with clothing brand GAP to sell 12,000 NFTs of canine accessories. The DOGAMÍ community consists of more than 200,000 members from more than 80 countries known as “Dogamers”.
Co-founded in mid-2021 by Max Stöckl, Adrien Magdelaine, Kristofer D. Penseyres and Bilal El Alamy, DOGAMÍ is supported by a team of 40 employees, including art director Gregory Magadoux, formerly of Ubisoft.
“We are excited to develop original intellectual property that combines world building, unique environments, and authentic characters to create a truly immersive experience. Our brand, born on Web3, will deliver media experiences through NFTs, enabling audiences to connect with our world in new and exciting ways,” said Kris Penseyres, Co-Founder and Chief Brand Officer.
The team recently launched its first mobile app, “DOGA House”, which is exclusively available to owners of a Dogami NFT. 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.
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 game for mobile devices, which will be released in 2023.
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