Cross The Ages Raises $3.5M In Equity Funding Round Led By Animoca Brands And Initiates Token Generation Event
In Brief
Cross The Ages raised $3.5 million in funding round led by Animoca Brands to accelerate its growth initiatives and broaden the ecosystem.
Company behind the trading card game CROSS THE AGES (CTA), unveiled the completion of an equity funding round, raising $3.5 million, which was led by Animoca Brands, with additional participation from Sebastien Borget of The Sandbox and Nicolas Jeuffrain of Tenergie. With the latest funding, Cross The Ages has accumulated $23.5 million, encompassing community contributions. With the newly raised capital, the firm intends to accelerate its diverse growth initiatives and broaden its universe and ecosystem.
Sami Chlagou, co-founder of Cross The Ages, expressed excitement in a written statement about welcoming Animoca Brands as the primary contributor in their inaugural equity round. This partnership reflects a mutual dedication and endorsement for its gaming universe to broaden the intellectual property (IP) across Animoca Brands’ ecosystems and partners.
Cross The Ages represents a mobile-centric collectible card game that provides a complete value cycle spanning from mobile to desktop gaming, utilizing blockchain technology and ultimately transitioning to physical collectible cards with near-field communication technology.
Unfolding in a dystopian world, the game draws inspiration from several fantasy and science fiction novels authored by thirteen writers. Furthermore, it aims to establish a complete IP ecosystem, enabling users to leverage their assets across all aspects associated with the game. The game integrates free-to-play and play-to-earn mechanics.
Founded in 2020, Cross The Ages has forged partnerships with industry giants encompassing Ubisoft and Square Enix. Since the launch of its virtual trading card game in March 2023, the game has accumulated more than 400,000 downloads and boasts 148,000 monthly active users.
Cross The Ages Launches Token Generation Event, CTA Token To Be Listed On Major Crypto Exchanges
The announcement coincided with the initiation of the game’s ecosystem CTA Token Generation Event (TGE).
Currently, cryptocurrency exchanges, including Bybit, KuCoin, GATE, MEXC, HTX, Poloniex, and Uniswap, are preparing to list the project’s token. Additionally, apart from token listing, several exchanges will carry out supplementary activities. Bybit will provide the launchpool for staking and earning CTA tokens, while MEXC will offer a prize pool of $50,000 worth of USDT for users voting for Cross The Ages on its platform with their tokens.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
