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C2X Announces $25 Million Funding Round Led By Ftx Ventures, Jump Crypto And Animoca Brands

C2X Announces $25 Million Funding Round Led By Ftx Ventures, Jump Crypto And Animoca Brands

03/18/22, 8:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svglos angeles
Money raised
$25 million
MetaMagnet Ltd., operator of the universal blockchain gaming platform built on the Terra blockchain, C2X ("the Platform"), today announced the closing of a $25 million funding round led by FTX Ventures, Jump Crypto and Animoca Brands. This round was conducted as a private token sale, at a $500 million valuation to the platform. C2X also disclosed today that an Initial Exchange Offering (IEO) was conducted today, March 18, 2022, for the Platform's native token, C2X. The public listing of the C2X token will be announced at a later date.

Company Info

Company
C2 X
Location
los angeles, california, united states
Additional Info
C2X was developed with the purpose of establishing a standard for the blockchain game industry that will continuously advance in the future. Developed by Com2uS Group with Terraform Labs and Hashed as advisors, C2X platform is built on the Terra blockchain and provides an end-to-end solution for blockchain games including token economics, NFT marketplaces and Wallet. The platform's highly scalable design allows users to easily manage all digital assets that are linked to the platform, and its governance token publicizes all service decisions and operations of the games built on the ecosystem. It is an ecosystem of virtuous cycles where all users and creators are privileged on the basis of a high standard of stability, fairness and transparency, and thus intended to present a sound direction for current blockchain gaming platforms. To learn more about C2X, visit: https://c2x.world/