Pixelmatic’s Infinite Fleet Space Adventure Game Raises More Than $3 Million
Pixelmatic’s Infinite Fleet Space Adventure Game Raises More Than $3 Million
August 5, 2020
Pixelmatic’s Infinite Fleet Space Adventure Game Raises More Than $3 Million
Pixelmatic’s Infinite Fleet Space Adventure Game Raises More Than $3 Million
August 5, 2020

Pixelmatic’s Infinite Fleet space adventure game raised more than $3 million within 24 hours from investors including Adam Back and Charlie Lee.

It has been reported that the game created by Samson Mow, the CSO of Blockstream and CEO of Pixelmatic, raised $3.1 million on global online investment platform BnkToTheFuture through sales of its EXO token.

However, a private funding round led by Litecoin (LTC) creator Charlie Lee, Blockstream CEO Adam Back, and Max Keiser, host of the Keiser Report went beyond Pixelmatic’s $3 million goals after an allocation on BnkToTheFuture sold out within 24 hours.

The report said that Infinite Fleet’s publisher Exordium Limited launched the EXO security token “representing equity and profit-sharing rights” on Liquid Securities, a platform that sits on top of Bitcoin (BTC) sidechain Liquid Network.

It has been analyzed that the blockchain space strategy game features space stations, asteroid mining, fleets of spaceships, and real-time strategy style combat. Infinite Fleet uses players vs. environment (PvE) collaborative play and will have a directed narrative, which means that the actions and consequences of players in real-time will have irreversible effects and be forever recorded into the game’s history and lore.

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Likewise, Infinite Fleet’s in-game currency (INF) is on the blockchain but won’t require players to have an in-depth knowledge of crypto unless they decide to transfer assets out of the game.

The company will reportedly make the token available for trading on crypto exchanges shortly after the game is launched.

Mow said:

“Infinite Fleet will be the first proper video game to truly bring together gaming and crypto assets.”

He added:

“Infinite Fleet not only aims to revitalize an MMO genre that has been lacking fresh ideas in recent years, but to potentially become the ‘Trojan Horse’ that brings mass adoption of cryptocurrency to mainstream gamers.”

Thus, Pixelmatic is planning on an alpha release for Infinite Fleet by the end of the year, with the full game ready in 2021.

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Source: Cointelegraph | Image: BnkToTheFuture


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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.