GamePhilos Raises $8M for Age of Dino Game
GamePhilos has announced that they successfully raised $8 million in seed funding for their NFT game project, Age of Dino. Xterio Ltd has joined as a sponsor, and the game will be built on the Xterio Foundation platform. It will feature web3 functionalities such as NFT ownership and an in-game economy.
The studio's founding team includes members who have previously worked at major game companies worldwide: Netease, Zynga, FunPlus, ByteDance.
According to GamePhilos, Age of Dino chronicles the battle between dinosaur factions, featuring real-time multiplayer battles, a trading system within the game, and alliance-building mechanics. The studio has developed the game using FunPlus tools, primarily used for strategy games. Additionally, Imagendary Studios is providing artistic support for the upcoming NFTs in the project.
In addition to Xterio, Animoca Ventures, SevenX Ventures, and Chain Hill Capital led this round, with participation from Hashkey Capital, Sanctor Capital, Game7, Bas1s, GSR, and GSG Ventures. Xterio's platform will provide technical support and software development tools for the game.
Jeremy Horn, COO of Xterio, stated in a press release: "We are thrilled to collaborate with a group of professional strategic game developers who have proven themselves, most of whom have profited from FunPlus and have led billion-dollar asset initiatives. Age of Dino will be a flagship game on the Xterio platform, demonstrating how we successfully launch and operate massive free-to-play mobile and PC games with asset ownership on-chain."
