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Nifty League Raises $5 Million Seed Investment Round Led by RSE Ventures to Expand its NFT Gaming Metaverse

Nifty League, the leading NFT gaming platform, today announced the end of a $ 5 million seed investment round led by New York-based private investment firm RSE Ventures (“RSE”). Additional participants in the round include Spartan Group, Lerer Hippeau, Vayner Fund, Private Ventures Group, Advancit W3, Avocado Guild, EVOS Gaming, TEOH Capital, 3SE Holdings, y2z Ventures, Nyan Heroes, DraftKings co-founder Matthew Kalish, Gallery Media Group. It is included. Above all, CEO Ryan Harwood.

Released in September 2021 Nifty League Brings a competitive game to Web3. By providing a fun and engaging gaming ecosystem, we will move from Play-to-Earn (“P2E”) to a new era of Play-and-Earn. Players can compete and earn rewards in the ecosystem token NFTL. It can be used to purchase in-game items and bonuses, trade with other players, or “cash out” from the ecosystem. At launch, the Nifty League released the first game, Nifty Smashers, a nostalgic arcade-style fighter. Nifty League will build a community by developing additional games, characters and items within Niftyverse, the online world for Nifty League gamers.

“This milestone is a testament to the strength of our community and our vision of what the Web3 game will be,” said Andrew Mahoney-Fernandes, CEO of the Nifty League. “For us, it’s always about allowing users to have a true voice in shaping the growth and evolution of the platform, and NFTs will allow us to add that next level of dimension to the game. With this new funding, we can uncover the vision of the community by continuing to expand our game offerings while building the Niftyverse and its developer ecosystem. “

“NFT games have exploded into a multi-billion dollar industry. With few commitments and communities needed to stay successful, the Nifty League has gone through the gates with one of the most innovative. rice field. P2E game Matt Higgins, co-founder and CEO of RSE Ventures, said: “The Nifty League casting process was great and the characters reflected great artistry and ingenuity from the community. The concept of player input is just a lip service on many other platforms, but the Nifty League is actually that. We have created a commitment on the blockchain. “

This effort has attracted the attention of players, investors and crypto enthusiasts.

Higgins goes on to say: “Acting on the basis of opportunity before the turning point of evidence results in a successful breakout. This is typical because the transition to P2E is a natural extension of what is already happening in real-life games. I think it’s an example. The possibilities of the Nifty League are endless. We team up with Andrew as Andrew and his team continue to expand their platforms and deploy new gaming options and experiences to the community. I’m excited about it. ”

“The Nifty League team recognizes that the success of Web3 games depends on creating legitimately fun games and fostering a solid player community behind them,” said Lerer Hippeau’s managing partner. One Ben Lerer said. “We are just the beginning of a competitive P2E game. This team is in a unique position to create one of the most powerful ecosystems in the field.”

The Nifty League will use this new capital to build teams with key strategic employers, expand platforms, enhance product offerings and capabilities, and promote awareness and engagement across the growing ecosystem. I am planning to do that.

About Nifty League

Released in September 2021, Nifty League’s state-of-the-art platform allows users to play online multiplayer and earning games and compete to earn rewards within the Nifty League community. Niftyverse, an expanding collection of nostalgia-centric games and community anchors, encourages builders, players and owners to spend their time connecting, playing and making money on the Web3. The Nifty League released its first game, Nifty Smashers, at launch, with additional game pipelines planned for future development.

About RSE Ventures

RSE Ventures is a private investment company consisting of builders, innovators, partners and founders focused on sports and entertainment, media and marketing, food and lifestyle, and technology companies. The family includes Bluestone Lane, Magnolia Bakery, International Champions Cup, Viner Media, Momofuku, Milk Bar, & Pizza. The team has also invested in major web3 companies such as Axie Infinity, Dapper Labs and Immutable X (IMX) through RSE and related funding. Connect to via @RSEVentures.

Media contacts
Company Name: Nifty League Co., Ltd.
contact person: Meghan Vita
Email: I send an email
Country: America

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