Intella X, a Web3 gaming platform developed by South Korean gaming giant Neowiz, has raised $12 million in funding.

Intella X plans to launch its platform on Polygon, a leading Ethereum Layer-2 scaling platform.

The funding round included more than 20 investors from various sectors and includes notable partners such as Polygon, Animoca Brands, Magic Eden, Planetarium, Big Brain Holdings, Crit Ventures, JoyCity, Pearl Abyss, XL Games, WEMIX, and Global Coin Research.

As the next generation Web3 gaming platform, Intella X’s mission is to bridge the gap between Web2 and Web3 through unique platform games, services and protocols.

What Intella X hopes to set itself apart from its competitors is that the platform perpetually rewards contributors to its ecosystem (i.e. game developers and users) through its native platform token, the Intella X token, through its own unique “proof of contribution” protocol. .

The platform also redistributes portions of its revenue to contributors through its unique decentralized revenue sharing protocol to further exercise Web3’s core values.

Combined with its service protocols and extensive game genres in its 2023 lineup, the platform offers additional features in an effort to remove high barriers to entry and enhance the user experience on Web3. From streamlined wallet creation to meta transaction implementation, Intella X has made it their mission to provide high-quality gaming and a user-friendly environment to accelerate mass adoption.

Intella X will launch on Polygon in Q1 2023 alongside its proprietary Web3 wallet, DEX (decentralized exchange), NFT marketplace, launch pad, and games.

Established in 1997, Neowiz is one of the leading game companies in Korea. The company has published a wide variety of games for PC and mobile devices since 2003 and has also co-developed and released blockbuster titles such as FIFA online, Brave Nine, DJMax Respect, Skul: The Hero Slayer, Cats & Soup and the upcoming lies. D.E.P