Spellfire Oversubscribed Twice, a Staggering $3.8M Raised

Spellfire Re-Master the Magic, a modern take on classic collectible card games, has completed its private funding round, raising a staggering $3.8 million.
Leading investors DAO Maker and Shima capital, are joined by Genblock, IBC group, Faculty group, IBA, Maven Capital, Autonomy Capital, Terranova ventures, x21 Digital and others who initially funded the project, and interest has since skyrocketed past all initial funding goals.
The project is now close to being oversubscribed twice, marking a huge success for Spellfire’s development team, and leaving many of the industry’s top VC investors waiting in the wings.
Continued expansion of Spellfire’s reach is now a top priority, and the project recently welcomed two highly respected crypto experts into it’s family.
Spellfire’s long-awaited, and much-anticipated Token Generation Event is coming soon and the team is almost ready to announce the huge news.
Prospective players can expect to find a beloved fantasy game that the development team has combined with modern design sensibilities.
The game initially caught attention by announcing the first-ever touchable NFTs.
2021 saw a meteoric rise in the popularity of Play-to-Earn games.
The more sought-after the card, the more profitable it will become.
The gaming industry’s interest in NFTs continues to grow, as does its audience.
The NFT space saw impressive results in 2021, with 1.4 million unique active wallets interacting with games, accounting for 49% of the industry’s usage.
Mass adoption of NFTs within the gaming industry looks increasingly likely this year and as this movement continues to gain momentum, games like Spellfire look set to capitalise on the influx of new players.
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