DOGAMÍ successfully raised $14M through world-famous investors, it hopes to develop the first Web3 mobile game for mainstream audiences.
DOGAMÍ, an augmented reality smartphone game including nonfungible token (NFT) pet companions, has finished a $14 million seed investment round. In January 2022, the web3 game raised the initial $6M from industry leaders such as Ubisoft, Animoca Brands, The Sandbox co-founders, Draper Goren Holm, Tezos, GSR and many more strategic investors, the Web3 mobile game startup raised $7 million under the leadership of VC firm XAnge.
The initial investment has enabled DOGAMÍ to sell 12,000 NFTs of dog avatars and 12,000 NFTs of canine accessories in cooperation with the international brand GAP.
In less than a year, DOGAMÍ has built one of the most dedicated Web3 communities with over 200,000 dog lovers. DOGAMÍ attracts community members – “Dogamers” – from 80+ countries who are diverse in gender and on average 30 years old.
Additionally, the business has released its first mobile application, called “DOGA House,” which enables users to engage with their “NFT puppies” in the “DOGAMÍ universe” and learn more about them while also earning DOGA cryptocurrency.
Web3 and blockchain-based games continue to receive funding for their initiatives despite the ongoing bear market. Despite FTX’s abrupt demise and the detrimental ripple effects it had on the Web3 ecosystem, the analytical website DappRadar reported that “blockchain games raised over $320 million in November.”It was revealed on November 27 that Web3 game publisher Fenix Games has raised $150 million to buy, invest in, and market blockchain games.
