Intella X raises $12m to grow web 3.0 platform

Polygon and Animoca Brands were among the 20 investors in the private funding round.

Blockchain gaming platform Intella X, a subsidiary of the Korean game publisher Neowiz, has raised $12m in a private funding round.

The project included more than 20 investors from various organizations; both in and outside the gaming market, from web 3.0 developers and communities to NTF marketplaces and venture capital firms.

Animoca Brands, Big Brain Holdings, Global Coin Research, Magic Eden, Polygon, Planetarium, and WEMIX were a portion of the companies involved.

The firm aims to use the funding to propel its web.3 0 blockchain gaming platform and expand its global blockchain businesses.

The platform currently maintains and operates a decentralized exchange, NFT marketplace and launchpad, alongside supporting a developer-friendly integration tool with a simplified crypto wallet to support web 2.0 users with blockchain applications.

After building the foundation of its project toward the end of 2022, and sharing its overall mission, short and long-term goals, product overview and upcoming games, Intella X intend to “rapidly move forward” with its service launch in 2023.

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Written by Isabella Aslam

Reporter

Isabella is an experienced writer in B2B and B2C journalism. Alongside crypto, Isabella writes and discusses the topics of relationships and psychology. Isabella holds a first-class degree in music journalism and often interviews electronic artists and DJs.

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