Sunday, February 25, 2024
HomeNFTFoonie Magus aims to raise $26.2 million for Apeiron to disrupt NFT...

Foonie Magus aims to raise $26.2 million for Apeiron to disrupt NFT gaming industry

Foonie Magus, a game developer company, raised $17.5 million from funding seed round and plans to raise extra $10.77 million from private community round to develop Apeiron's new play-and-earn NFT game.

According to sources, game developer company Foonie Magus raised almost 17.5 million dollars for the new play-and-earn NFT game Apeiron. 3 million came from pre-seed, 10 million from seed, and 4.5 million from the first round of NFT sales. Apeiron is the first NFT-based play-and-earn godgame in the world. Apeiron will feature a unique card-based action-adventure combat system, as well as god game simulation gameplay influenced by Populous and Black & White.

Many big investors and gaming guilds from all over the world have participated in Foonie Magus seed round. South Korean blockchain investor Hashed, as well as venture capital firms DeFiance Capital, Morningstar Ventures, Spartan Group, and De-Fi Capital, are among them. Guildfi, YGGSEA, Avocado, Ancient8, and Snackclub are among the gaming guilds that have been hand-picked for their strategic values and long-term vision for the web3 community and beyond.

Apeiron plans to start its private community investment rounds now as the seed round has closed, leading up to the game’s TGE (Token Generation Event) in late May. Foonie Magus hopes to raise an extra $10.77 million in these three rounds in order to prepare for their global debut in the fourth quarter of this year. Planet NFTs from Apeiron are currently for sale on the OpenSea exchange for 0.15 ETH.

On the overwhelming support, Frank Cheng, CEO of Foonie Magus and creator of Apeiron, stated:

“We’ve spent six years now working on this project, and there have been over 28 developers who poured over five years of their lives into crafting this entertainment experience. But now all the hard work is paying off and the dream is becoming a reality. We are thrilled to have found partners who share our crazy visions, and we are in for one hell of a ride for the entire gaming industry, one that will present a memorable experience for all to share and own together.” 

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Vaishali Goel
Vaishali Goel
Technology enthusiast, explorer and academic scholar. Currently exploring the crypto world. Join me in my journey to see how crypto, NFT and Metaverse will change the world.


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