Tezos-powered NFT game DOGAMÍ secures $6M in funding round

By:
on Dec 21, 2021
  • The funds will help forge the future of pet ownership 3.0 and the role blockchain technology will play
  • DOGAMÍ combines investing and pet ownership 3.0 with AAA NFT gaming, Tezos is very energy efficient
  • DOGAMÍ is building the foundations of a "petaverse", where users can adopt and raise 3D pooches

DOGAMÍ, the first mass-market play-to-earn NFT game running on Tezos (XTZ/USD), secured $6M in a funding round led by Animoca Brands, Ubisoft, and The Sandbox (SAND/USD) cofounders, Invezz learned from a press release. The funds will help forge the future of pet ownership 3.0 and the role blockchain technology will play in the process.

Turning heads in the gaming world

DOGAMÍ is turning heads in the gaming and pet ownership worlds. The recent funding round was also supported by XAnge, Ghaf Capital, Blockchain Founder Fund, and Draper Goren Holm. The industry leaders’ outspoken support is a validation of the game’s approach to play-to-earn gaming.

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Ubisoft VP of Strategic Innovation Lab Nicolas Pouard said:

At Ubisoft, we believe that blockchain holds a key to the future of the videogame industry, bringing new possibilities for players and developers alike. We think DOGAMÍ shares this vision and contributes to the opening of blockchain gaming to mainstream players.

Innovative combination of gaming and investing

DOGAMÍ combines investing and pet ownership 3.0 with AAA NFT gaming in a unique way. The game is powered by Tezos, a blockchain known for being more energy-efficient than many other public blockchains. DOGAMÍ is building the foundations of a “petaverse”, where users can adopt and raise beloved 3D dogs and earn $DOGA tokens.

DOGAMÍ is now the most popular play-to-earn game project in the Tezos ecosystem.

Players train over 300 breeds

Players new to the Petaverse will play with and train more than 300 DOGAMÍ breeds. Every breed provides a unique experience because they all have different traits. Interaction between virtual pets and players takes place via an AR-enabled mobile app.

$DOGA Tokens can be used to buy goods or tickets to virtual events, create a digital wardrobe, breed dogs, and collect badges. They will be traded on the secondary market via CEXs and DEXs.

DOGAMÍ CEO and cofounder Maximilian Stoeckl added:

At DOGAMÍ, we aspire to develop a play-to-earn game that pushes the envelope in terms of design, user experience and mass appeal. We believe strongly in the opportunities and the empowerment that web3 has to offer. The early support of world-class investors as well as advanced negotiations with strong commercial partners are highly reassuring and encourage us in our beliefs.

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