MixMob a Solana Powered Metaverse Game raises $7 million in funding

Solana based Metaverse Game - MixMob raises $7 million in funding

MixMob, a Solana-powered Metaverse Game on Remix Culture that combines play-to-earn with user-generated content, has secured $7 million in funding in its most recent investment round. MixMob received funding from several leading venture capital firms, including Ascensive Assets, Not3lau Capital, IOSG, and notable individuals such as Kieran Warwick, co-founder of Illuvium, Loi Lui, co-founder of Kyber, and Danish Chaudhry, CEO and founder of FMFW.io, in a round led by Defiance Capital, a DeFi-focused crypto-asset fund.

The play-to-earn sector is exhibiting no indications of slowing down, and we think MixMob will prove to be a success with the creative community by delivering something substantially different from what presently exists in the market.

The game allows players to join a creative resistance movement and re-chain our civilization in a future where a malignant master AI has destroyed human culture. Unlike many of its peer-to-peer competitors, the player-owned metaverse platform rewards creativity and flair as well as talent and reaction. Holders of MixMob's vibrant avatars have access to exclusive Discord channels and early access to airdrops and incentives. The MixMob DAO is open to all NFT owners. In addition to masks, users may get MixBots, pet NFTs that change based on the behaviours of gamers in the metaverse.

Phase I of the game is based on a strategic card racing game. Phase II will see the game's dimensions grow into a larger, Fortnite-style universe. The game's mechanisms and flows are still being worked on, including tokenomics and a revolutionary land ownership model. MixMob is the brainchild of Encore Studios, which has recruited an all-star development team. The game is being developed by an all-star gaming team who have worked on FIFA, Halo, Battlefield, Nintendo, Disney, Nike, Adidas, Pokerstars

Crypto apps see millions of downloads after Super Bowl ads

After a Super Bowl commercial featuring digital assets, crypto applications soared to the top of the App Store download rankings in the United States on Monday morning.

The Super Bowl LVI matchup between the Cincinnati Bengals and the Los Angeles Rams saw the two most popular cryptocurrency exchanges, FTX and Coinbase, vying for viewers' attention. A QR code flying around the screen in Coinbase's minute-long commercial offered viewers to join in a massive giveaway, with over $100 million in incentives for the crypto community anticipated this year.

Soon after the commercial ran, Coinbase's website faced some problems. Larry David, the comedian, was featured in FTX's commercial. From the wheel to a fork to a toilet, David rejects some of history's most significant innovations in this two-minute movie.

Image credits: Milad Fakurian and masahiro miyagi.