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Nine Chronicles Successfully Raised $2.6M in Funds Led by Animoca Brands

Nine Chronicles Successfully Raised $2.6M in Funds Led by Animoca Brands
  • Decentralized RPG Nine Chronicles has successfully raised $2.6 million.
  • The funding round was led by Animoca Brands.
  • Divergence Ventures, IDEO CoLab, Sfermion, and many more also joined.

Today, Planetarium announced that its decentralized RPG Nine Chronicles has successfully raised $2.6 million in a round led by Animoca Brands. This news comes ahead of Nine Chronicles’ governance token launch on Ethereum (ETH).

Divergence Ventures, IDEO CoLab, Sfermion, Hypersphere Ventures, SkyVision Capital, and many others also joined the round. In addition, angels like Axie Infinity Co-founder Jeffrey Zirlin and Aave Protocol CEO Stani Kulechov also joined the round.

Moreover, these funds will be invested in hiring top talent, content development, scaling the network infrastructure, expanding to mobile, and supporting ecosystem developers.

Nine Chronicles is one among the first open-source blockchain games with its own mainnet, which is operated by the player community. After the launch of its early access in October 2020, over 500,000 NFTs have been crafted. Further, over 80,000 NFTs have been traded in its network.

Monthly active users in Nine Chronicles surged to 600% in Q2 2021. Over 1,000 nodes are mining and powering the Nine Chronicles Network each day.

Animoca Brands Co-founder and Chairman Yat Siu said,

“Animoca Brands is incredibly happy to support Nine Chronicles on its journey to build the largest decentralized RPG network powered by players. Planetarium’s dedication to open source is truly inspiring…We look forward to future collaborations with our leading portfolio of decentralized games.”

Nine Chronicles will launch Wrapped NCG in August, the Ethereum compatible version of its governance token. It plans to make thousands of NFT assets in the Nine Chronicles network present on Ethereum in the future.

JC Kim and Kijun Seo, Co-founders of Planetarium, mentioned that they are thrilled to invite amazing partners and advisors to expand the ecosystem of the Nine Chronicles. This new funding enables them to provide Nine Chronicles on many platforms and gear up for the growth of the next phase. The future of RPGs moves in a direction where the players and the community join together on a shared vision. They also look forward to building a foundation for Nine Chronicles with new governance programs. They are uniquely placed to lead a revolution in disruptive gaming experiences powered by the community.

Moreover, Planetarium is a blockchain company that pioneers the ecosystem for community-based online games. Its technology equips developers with powerful tools to develop fully decentralized, cross-platform blockchain games that can live perpetually on networks powered by the players. Animoca Brands is a leader in digital entertainment, blockchain, and gamification. It develops and publishes a broad portfolio of products that includes the REVV token and SAND token.

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Crypto trading has enticed Ananthi Reeta to write for CoinQuora. She consistently contributes news and feature articles. She has covered several different blockchain and crypto niches, especially altcoins.