Intella X, a Web3 gaming platform made by the South Korean gaming giant Neowiz, has raised $12 million in funding. Intella X plans to launch its platform on Polygon, which is a leading Ethereum layer-2 scaling platform. There is a lot of metaverse news about games.
More than 20 investors from different fields took part in the funding round. Among them were Polygon, Animoca Brands, Magic Eden, Planetarium, Big Brain Holdings, Crit Ventures, Joycity, Pearl Abyss, XL Games, WEMX, and Global Coin Research, all of which are well-known businesses.
What is Intella X’s main goal?
As the next generation Web3 gaming platform, Intella X’s goal is to bridge the gap between Web2 and Web3 with its unique platform protocols, services, and games.
Intella X wants to stand out from its competitors by letting ecosystem contributors (like game developers and users) access their ecosystem through a unique proof of contribution protocol using the Intella X token, which is the platform’s native token.
To further leverage Web3’s primary ideals, the platform returns parts of its revenue to contributors via its unique decentralized revenue distribution protocol.
In addition to its service protocols and various genres of games in its 2023 lineup, the platform provides additional features to overcome Web3’s high entry barriers and boost the user experience. From wallet creation to the implementation of meta-trading, Intella X’s goal is to to provide high-quality games and a user-friendly environment in order to expedite widespread adoption. In the first quarter of 2023, Intella X will launch with its own Web3 Wallet, DEX (Decentralized Exchange), NFT Marketplace, Launchpad, and Games.
Neowiz, founded in 1997, is one of the major game firms in Korea. Since 2003, the firm has published a wide range of PC and mobile games, in addition to co-developing and releasing wildly successful titles such as FIFA Online, Brave Nine, DjMax Respect, Skull: The Hero Slayer, Cats & Soup, and Upcoming Lies.
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